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This research study examined the relationship between the Texas Leading Index, Texas Coincident Index, Texas Unemployment rate and other economic variables and enrollment in Texas public 2-year colleges for the years 1993 - 2014. Texas Leading Index, Texas Coincident Index, Texas Unemployment rate were statistically significant in determining enrollment in Texas public 2-year colleges. The results indicate an inverse relationship between economic activity and public 2-year college enrollment in Texas from 1993 - 2014. The results of this study offer several implications for college administrators, legislators, and others involved in higher education finance in the state.