Oklahoma City Redefining Recession

Economy/Market Kudos

Many Oklahomans (or Okies) may think to themselves ‘What Recession?’ when they watch the nightly news, and that sentiment is being noticed more every day as the national press continues to report how strong our local economy is here in the Sooner State.

Only a couple of weeks ago, USA Today reported on the strength of OKC’s economy and the list of these types of accolades continues to grow.

This city is perhaps the most surprising. Construction cranes are busy here. New medical buildings are underway. Buildings are being renovated in the historical Bricktown neighborhood. Oklahoma City’s June unemployment rate of 6% was the second-lowest in the nation for metropolitan areas with 1 million or people, says the Bureau of Labor Statistics. Its per-capita income grew 6.9% in 2008 to $40,942, compared with a year earlier, the Commerce Department reported last week. That growth made the city No. 1 in the USA for large metro areas.

What about your corner of the US? How are things there?


While you're here, don't miss these posts:

  1. OKC Boasts 2nd Lowest Unemployment Continuing the trend of positive economic indicators for the OKC Metro, The Journal Record reported Thursday that the unemployment rate here is one of the...
  2. OKC Area’s Jobless Rate Lowest in Nation More props for the OKC area economy came shining through earlier this week as the labor department released the latest unemployment numbers: The Oklahoma City...
  3. Looking For a Job? How About OKC or Edmond? It’s no shock that OKC has one of the lowest unemployment rates in the US, so wouldn’t it just make sense that it’d also be...

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