Greater Oklahoma City is in the geographic center of North America equidistant from the east and west coasts and major trade partners of Canada and Mexico. The ten county region is at the crossroads of the U.S., sitting at the heart of three major national highways on the NAFTA corridor.
There's a reason Greater Oklahoma City is such a great place for business: Location. The ten county region is positioned within a day's drive of the rapidly-growing south-central region (OK, TX, AR, LA) projected to grow more than 44% during the next 25 years.
Explore the counties and cities of Greater Oklahoma City including major employers and higher education. The ten county region boasts an average commute time of 20 minutes and a skilled workforce over half a million strong.
"The great thing about Oklahoma City is that it is large enough to support and promote new business, but is 'small' enough to give entrepreneurs an invaluable network of scientific and business professionals."
- Jay Martin, Director, Advanced Systems Group, OrthoCare Innovations

Economic Indicators provide a snapshot and trend analysis for the Oklahoma City metropolitan area. More than a dozen indicators are tracked by the Greater Oklahoma City Chamber. The Economic Indicators Online Edition is intended to provide a more in-depth and thorough analysis of the current economic condition of our city and regional area. A few select indicators are highlighted monthly in the print edition of The Point! Newsletter. The PDFs will be posted monthly. Some data will lag due to release date.
Greater Oklahoma City 2013 Economic Forecast - OKC Demonstrates Patience, Continues to Expand
| Total Population | 2011 | 2000 | % CHANGE |
| OKC | 591,967 | 506,132 | 17.0 |
| OKCMSA | 1,278,053 | 1,097,241 | 16.5 |
| State of Oklahoma | 3,791,508 | 3,450,654 | 9.9 |
| Source: U.S. Census Bureau | |||
| Employment - OKCMSA | July 2012 | July 2011 | % CHANGE |
| Total Labor Force | 592,933 | 579,203 | 2.4 |
| Total Employed | 564,666 | 545,699 | 3.5 |
| Total Unemployed | 28,267 | 33,504 | -15.6 |
| Unemployment Rate | 4.8 | 5.8 | -17.2 |
| Source: U.S. Bureau of Labor Statistics; LAUS; Note: BLS Methodology changes resulted in revisions going back to Jan 2006 | |||
| Nonfarm Employment (CES) - OKCMSA | July 2012 | July 2011 | % CHANGE |
| Total Nonfarm | 579,600 | 562,600 | 3.0 |
| Goods Producing | 78,300 | 75,900 | 3.2 |
| Service-Providing | 501,300 | 486,700 | 3.0 |
| Mining and Logging | 19,100 | 17,300 | 10.4 |
| Construction | 24,500 | 26,200 | -6.5 |
| Manufacturing | 34,700 | 32,400 | 7.1 |
| Trade, Transportation, and Utilities | 106,100 | 99,400 | 6.7 |
| Retail Trade | 66,000 | 60,400 | 9.3 |
| Information | 9,400 | 10,000 | -6.0 |
| Financial Activities | 33,400 | 32,600 | 2.5 |
| Professional and Business Services | 79,600 | 73,800 | 7.9 |
| Education and Health Services | 75,600 | 77,000 | -1.8 |
| Leisure and Hospitality | 64,400 | 59,600 | 8.1 |
| Other Services | 22,800 | 22,900 | -0.4 |
| Government | 110,000 | 111,400 | -1.3 |
| Source: U.S. Bureau of Labor Statistics; Not Seasonally Adjusted; Note: BLS Methodology changes resulted in revisions going back to Jan 2006 | |||
| Average Weekly Earnings - Oklahoma | July 2012 | July 2011 | % CHANGE |
| Mining and Logging | $964.18 | $1,038.65 | -7.2 |
| Manufacturing | $655.62 | $642.84 | 2.0 |
| Durable Goods | $713.20 | $691.97 | 3.1 |
| Wholesale Trade | $596.40 | $699.12 | -14.7 |
| Source: U.S. Bureau of Labor Statistics; Not Seasonally Adjusted; Earnings of Production Employees | |||
| Building Permits - OKCMSA | July 2012 | July 2011 | % CHANGE |
| Total | 346 | 256 | 35.2 |
| Single Unit | 330 | 247 | 33.6 |
| Double Units | 4 | 0 | >100 |
| 3 & 4 Units | 0 | 0 | 0.0 |
| 5 + Units | 12 | 9 | 33.3 |
| Bldgs w/ 5+ Units | 2 | 1 | 100.0 |
| Source: U.S. Census Bureau; New Privately Owned Housing Units Authorized | |||
| Residential Sales - OKC | July 2012 | July 2011 | % CHANGE |
| Total Closed | 1,768 | 1,533 | 15.3 |
| Median Sales Price | $139,000 | $139,900 | -0.6 |
| Average Interest Rate | 3.86% | 4.08% | -5.4 |
| Average Days on Market | 75 | 87 | -13.8 |
| Source: Oklahoma City Metro Realtors Association - MLS Statistics | |||
| FHFA House Price Index - OKCMSA | Q2-2012 | Q2-2011 | % CHANGE |
| OKCMSA | 176.37 | 173.13 | 1.9 |
| Source: Federal Housing Finance Agency; All-Transactions Index (Estimated Using Sales Prices and Appraisal Data) | |||
| Apartment Rent Rates - OKC | Q2-2012 | Q2-2011 | % CHANGE |
| Average cost of 900sf, 2bed, 1 bath | 746.00 | 721.00 | 3.5 |
| Source: ACCRA / C2ER | |||
| CPI | July 2012 | July 2011 | % CHANGE |
| Composite (CPI-U) U.S. City Average | 229.1 | 225.9 | 1.4 |
| Source: Bureau of Labor Statistics; All Urban Consumers; Unadjusted Index; All Items | |||
| Major Airport Traffic | July 2012 | July 2011 | % CHANGE |
| Year to Date Passengers | 2,129,264 | 2,027,463 | 5.0 |
| Monthly Enplanements | 173,525 | 169,623 | 2.3 |
| Monthly Deplanements | 175,945 | 137,374 | 4.6 |
| Source: Will Rogers World Airport | |||
| Tourism - OKC | July 2012 | July 2011 | % CHANGE |
| Hotel/Motel Occupancy Rates | NA | NA | NA |
| Average Daily Rates | NA | NA | NA |
| Source: Smith Travel | |||
| Commercial Real Estate - OKCMSA | Year-End 2011 | Year-End 2010 | % CHANGE |
| Office Vacancy Rate | 16.4% | 17.0% | -3.5 |
| Office Rental Rate | $15.74 | $15.60 | 0.9 |
| Industrial Vacancy Rate* | 16.3% | 19.8% | -17.7 |
| Industrial Rental Rate* | $4.89 | $3.81 | 28.3 |
| Source: Price Edwards Market Surveys; Industrial rates are for Mid-Year 2011 (year end not yet available) | |||
| ACCRA Cost of Living Index - OKC | Q2-2012 | Q2-2011 | % CHANGE |
| Composite (All Items) | 89.6 | 91.1 | -1.6 |
| Grocery Items | 88.1 | 90.4 | -2.5 |
| Housing | 84.7 | 84.9 | -0.2 |
| Utilities | 92.5 | 87.2 | 6.1 |
| Transportation | 93.7 | 95.1 | -1.5 |
| Health Care | 100.4 | 101.3 | -0.9 |
| Misc. Goods & Services | 90.9 | 95.6 | -4.9 |
| Source: ACCRA / C2ER; 100 represents national avg; Example: 90.5 indicates that OKC is 9.5% below the nation in cost of living | |||
| Sales Tax Receipts - OKC | August 2012 | August 2011 | % CHANGE |
| Primarily Nov-2011 w/ Dec-2011 estimates | $33,729,784 | $32,209,481 | 4.7 |
| Source: Oklahoma Tax Commission; Jan 2012 News Release | |||