In little over a decade, the microchip has replaced the oil derrick as the driving force behind the state's economy, making Texas far less dependent on stable commodity prices.

ECONOMIST: Regional economies

We expect strong results on account of high commodity prices and stable production during the period.

FORBES: Rio Tinto: Cashing In On High Commodity Prices

Persistent relative strength in emerging economies, especially China, suggests that commodity prices will stay stable or firm.

ECONOMIST: The world economy