 In 2006, the Greater Houston metropolitan area ranked first in Texas and third in the U.S. within the category of "Best Places for Business and Careers" by "Forbes".The Houston–The Woodlands-Sugar Land area's gross metropolitan product (GMP) in 2005 was $308.7 billion, up 5.4% from 2004 in constant dollars—slightly larger than Austria's gross domestic product.By 2012, the GMP had risen to $449 billion, the fourth-largest of any metropolitan area in the United States.