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.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
d-usa
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.
Re: Oklahoma City Economic Reports
Yes, it's MSA. It also says oklahomacity_msa in the web address.
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.
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.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
josh
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.
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.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
PhiAlpha
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.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
Teo9969
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.
1 Attachment(s)
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
PhiAlpha
Actually...I could be wrong, but I believe diversity was an old, old wooden ship that was used during the Civil War Era.
Attachment 14572
Re: Oklahoma City Economic Reports
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
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
gopokes88
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.
Re: Oklahoma City Economic Reports
Quote:
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.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
catch22
Is that necessary? I don’t think anyone would take this as bad news.
You’d be surprised.
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
catch22
Is that necessary? I don’t think anyone would take this as bad news.
Give it a couple of days. :)
Re: Oklahoma City Economic Reports
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
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/
Re: Oklahoma City Economic Reports
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%).
https://i.imgur.com/bnSpJKN.png
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
HOT ROD
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
Re: Oklahoma City Economic Reports
Re: Oklahoma City Economic Reports
Quote:
Originally Posted by
HOT ROD
counting Shawnee
Shawnee 35-40k max
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.