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Thread: Oklahoma City Economic Reports

  1. #201

    Default Re: Oklahoma City Economic Reports

    Well, I couldn’t find the stats for cities proper, so both compare the MSA.

    And both measure employees in the areas. So a farm worker living in LA, and working in the fields outside of LA, would still count. LA is also a whole different kind of farm work than OKC, requiring a much larger pool of laborers.

  2. #202

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by d-usa View Post
    Well, I couldn’t find the stats for cities proper, so both compare the MSA.

    And both measure employees in the areas. So a farm worker living in LA, and working in the fields outside of LA, would still count. LA is also a whole different kind of farm work than OKC, requiring a much larger pool of laborers.
    The chart for OKC doesn't specify the MSA, are you sure it's MSA?

    Believe it or not, and I don't know if this will last because of Elon's company problems with loosing money, but due to Space X, LA has a rapidly growing space company scene that is growing all the time. I don't know if that industry would just be classified as government or what.

  3. #203

    Default Re: Oklahoma City Economic Reports

    Yes, it's MSA. It also says oklahomacity_msa in the web address.

  4. #204

    Default Re: Oklahoma City Economic Reports

    Well, the numbers are the numbers and they don't lie, but there has to be more to it than just a simplified pie chart. There is no way OKC is more diverse than LA.

  5. Default Re: Oklahoma City Economic Reports

    OKC does seem to be more diverse than LA by the look of those charts.

    I'd also argue that Seattle economy is not very diverse: Aerospace, IT, Mfg, Mass Merchandising, Port, Services, Govt, and Healthcare/Services. Of course IT is by far the biggest and richest sector but I'd totally believe OKC would be more diverse than here.
    Oklahoma City, the RENAISSANCE CITY!

  6. #206

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by josh View Post
    In 2014, 1 in 5 jobs in OKC was in the oil and gas industry. That’s an even bigger slice of a much smaller pie compared to NYC. I doubt that number has changed much in three and a half or so years.
    Actually, I bet that number has changed substantially. O and G employment is not even close to what it was in 2014.

  7. #207

    Default Re: Oklahoma City Economic Reports

    Yeah I really think some posters need to study up on the meaning of a diversified economy. Diversity and size/value are not the same thing.

  8. #208

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by PhiAlpha View Post
    Yeah I really think some posters need to study up on the meaning of a diversified economy. Diversity and size/value are not the same thing.
    It's also funny to see posters insist that somewhere else is more diverse simply because they perceive diversity to be a superlative.

  9. #209

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by Teo9969 View Post
    It's also funny to see posters insist that somewhere else is more diverse simply because they perceive diversity to be a superlative.
    Actually...I could be wrong, but I believe diversity was an old, old wooden ship that was used during the Civil War Era.

  10. #210

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by PhiAlpha View Post
    Actually...I could be wrong, but I believe diversity was an old, old wooden ship that was used during the Civil War Era.
    Click image for larger version. 

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  11. #211

    Default Re: Oklahoma City Economic Reports

    https://newsok.com/article/5597633/o...es-projections

    I'd say that's a good month and trend.

  12. #212

    Default Re: Oklahoma City Economic Reports

    Very curious too see how the nancy's on the board spin this as a negative and why OK is going to collapse

  13. #213

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by gopokes88 View Post
    Very curious too see how the nancy's on the board spin this as a negative and why OK is going to collapse
    Is that necessary? I don’t think anyone would take this as bad news.

  14. #214
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    Default Re: Oklahoma City Economic Reports

    Leaving out growth attributable to the midyear sales tax increase, sales tax was up 5.85 percent from fiscal 2017, well above the 2 percent target for 2018.


    Dowler said Oklahoma City took in almost $8 million more than projected for the general fund, the primary account for day-to-day expenses...

    ...The general fund for the budget year starting July 1 increases to $460 million, a 13.9 percent increase over the starting point a year ago.
    Good indicators that our economy & growth will get back on track. Our biggest growth wave indicators should begin once the majority of our MAPS 3 projects are completed.

  15. #215

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by catch22 View Post
    Is that necessary? I don’t think anyone would take this as bad news.
    You’d be surprised.

  16. #216
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    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by catch22 View Post
    Is that necessary? I don’t think anyone would take this as bad news.
    Give it a couple of days.

  17. #217

    Default Re: Oklahoma City Economic Reports

    Sales tax growth continues to beat projections.

    https://newsok.com/article/5607817/o...ps-projections

  18. #218

    Default Re: Oklahoma City Economic Reports

    https://newsok.com/article/5614766/o...dscape-evolves

    A slight slowdown for the mid September to mid October period. (It did rain a bunch, that affects a lot more than you think).

    Online sales tax continues to surge

  19. #219

    Default Re: Oklahoma City Economic Reports

    7,000 new jobs added to the metro area in the next few years. Not bad! I’m anxious to see new population numbers for the metro.

    http://journalrecord.com/2018/12/12/...ext-few-years/

  20. Default Re: Oklahoma City Economic Reports

    should be north of 1.5m.
    Oklahoma City, the RENAISSANCE CITY!

  21. #221

    Default Re: Oklahoma City Economic Reports

    The BEA released GDP stats for counties and metros; OKC metro GDP for 2018 was $81.017 billion, up $6.404 billion from 2017 (+8.6%).


  22. #222

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by HOT ROD View Post
    should be north of 1.5m.
    No way. 1,396,000 in 2018, been averaging about 15 K per year growth. Max 1,420,000 not counting Shawnee

  23. Default Re: Oklahoma City Economic Reports

    counting Shawnee
    Oklahoma City, the RENAISSANCE CITY!

  24. #224

    Default Re: Oklahoma City Economic Reports

    Quote Originally Posted by HOT ROD View Post
    counting Shawnee
    Shawnee 35-40k max

  25. #225

    Default Re: Oklahoma City Economic Reports

    That metro GDP report is really quite remarkable. OKC's GDP has doubled since 2003.

    Thank you for posting. I have to think that rate of growth is among the nation's best.

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