Dallas-Fort Worth, TX – Dallas Fort Worth International (DFW) Airport has grown into one of North Texas’s largest economic engines, now contributing more than $78 billion annually and supporting over 684,000 jobs across the region, according to a new economic impact study released today by The Perryman Group.
The study, conducted every five years since 2014, shows the airport’s overall economic impact has surged 69% over the past decade, from $46.4 billion in gross product to $78.3 billion in 2024. This growth is attributed to record passenger volumes, expanded domestic and international air service, and robust regional business development.
“DFW Airport continues to be one of our region’s most powerful economic engines, and its growth reflects what we see across Dallas: a city on the rise stepping confidently into a brighter future,” said Dallas Mayor Eric L. Johnson. “With its expansion underway, DFW Airport is creating more jobs, driving greater prosperity, strengthening our business landscape, and expanding opportunities for Dallas families.”
Fort Worth Mayor Mattie Parker added, “From remarkable job growth to a major increase in gross product, it’s clear that DFW is moving our region forward, and Fort Worth takes great pride in being a steadfast partner in this momentum.”
Key findings from the report include:
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Gross product: Up 69% from $46.4 billion in 2014 to $78.3 billion in 2024.
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Total expenditures: Increased 68% from $87 billion to $146 billion.
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Employment: Jobs supported by the airport grew 35%, from 508,000 to 684,000, including more than 50,600 direct airport jobs.
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Personal income: Rose nearly 69% from $28.3 billion to $47.7 billion.
DFW Airport’s Chair, DeMetris Sampson, emphasized the airport’s role in driving economic opportunity across North Texas, noting that ongoing modernization efforts, including the $12 billion capital program and new Terminal F, will further boost jobs, gross product, and tax revenue.
The study also highlighted significant fiscal benefits, estimating annual tax contributions of more than $14 billion to the federal government, $5 billion to the state, and $3.4 billion to local entities.
“DFW Airport helps support current success, future expansion, and prosperity, and is a major catalyst to continuing development,” said Ray Perryman, founder and CEO of The Perryman Group. “Through its operations and related activity, DFW generates substantial – and growing – economic and fiscal benefits to the region, state, and nation.”
About The Perryman Group
The Perryman Group is a highly regarded economic research and analysis firm based in Waco, Texas. The firm has served the needs of more than 3,000 clients, including two-thirds of the Global 25, over half of the Fortune 100, the 12 largest technology firms in the world, 12 U.S. Cabinet Departments, the nine largest firms in the U.S., the six largest energy companies operating in the U.S., and the five largest U.S. banking institutions. The firm has also completed more than 1,000 public policy studies on a variety of issues.
