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Which industry does the Southwest region play an important part in?

By Christopher Ramos |

The powerful energy and renewable energy sectors are key engines for growth across the Southwest. Texas is once again at the forefront as a major center for oil and gas production and petroleum refining. Texas leads the nation in its petroleum refining and chemical products production.

What are two industries that are important to the Southwest region?

Also, since World War II and particularly in Arizona and Texas, manufacturing has become important, notably in the electrical, communications, aeronautical, automobile-assembly, and aluminum industries.

What are the major products of the southwest?

Texas along with the other states along the Gulf coast bring in a large portion of the seafood in the United States. Tourism is probably the biggest industry in Arizona and New Mexico. Native American and natural attractions along with the warm weather bring thousands of people to these states every year.

How does the airline industry affect Southwest Airlines?

Airline industry is severely affected by fuels costs. A rise in the price of oil has a major impact upon Southwest Airlines profitability (Mouawad, 2010). The future trends of oil prices are volatile and the fuels cost account for almost 40% of airlines operational costs (Thompson and Gamble, 2012).

Who are the aircraft suppliers for Southwest Airlines?

Boeing and Airbus are the main aircraft suppliers for large airlines. Boeing is the supplier of aircrafts to Southwest Airlines. During the last few years, Southwest Airlines has renewed some of its aircrafts with Boeing 737-800 aircraft and plans to completely switch over to them in near future (Southwest, 2013).

What is the most important industry in Texas?

In Texas, oil is one of the largest industries. Oil in the land and in the Gulf of Mexico help supply the United States. The oil boom in Texas began in the 1900’s and lasted until the 1940’s. It helped to open up many other industries in the region as well.