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.
Noting low costs of living and good jobs, Forbes named Oklahoma City America's Most Affordable City.
At the height of the Great Recession, Forbes.com said Oklahoma City was the most recession-proof city in the country. Two and a half years later, the magazine has given the city another top ranking.
Noting low costs of living and good jobs, Forbes named Oklahoma City as America's Most Affordable City.
The magazine also noted Oklahoma City's friendly residents and an unemployment rate well below the national average, 6.3 percent compared to 9.5 percent.
"We searched for cities that had a balance of cheap living and economic prosperity - places with solid job markets, but where costs aren't prohibitive," magazine editors said. "In these cities, costs have stayed down, but residents have held onto steady incomes and decent jobs, making them a true bargain."
Forbes looked at all metropolitan statistical areas with populations of at least 100,000. They were ranked on the cost of a basket of goods and services, including groceries, health care and transportation, as of the second quarter of 2010.
The magazine also measured the monthly cost of housing as a percentage of household income.
The average sale price of an Oklahoma City-area home in September was $158,755, up 6.7 percent from September 2009, and the median price was $135,000, up 4.8 percent, according to the Oklahoma City Metro Association of Realtors.
The next four spots on the Forbes list went to Pittsburgh; Buffalo, N.Y.; Rochester, N.Y.; and Nashville, Tenn. The top 10 also includes three Texas cities: San Antonio, Houston and Austin, along with Louisville, Ky., and Birmingham, Ala.
"State capitals and university towns have vibrancy because of their job base, the stability of jobs and cultural diversification," said James Gaines, a research economist at the Real Estate Center at Texas A&M University.
The ranking was the latest in a string of kudos for Oklahoma City. In October, Oklahoma City was named a Top 25 Performing City by the Milken Institute, No. 7 Best City for Income Growth by Portfolio.com, a Top 5 Fastest Growing City by Forbes and a Top 10 State for Doing Business by Area Development Magazine.
"In times like these, value is key to everything we do as a chamber," said Roy Williams, president and CEO of the Greater Oklahoma City Chamber. "From attracting new business, retaining and fostering growth with our current companies to attracting conventions and visitors, the number one factor on everyone's mind is value. Affordability isn't always about being the cheapest, it is also about the quality you get for your dollar."
The Boeing Co. recently announced plans to move 550 high-paying engineering jobs here. The company cited low costs of living and doing business and economic development incentives in the decision to move the jobs from Long Beach, Calif.
OKLAHOMA CITY, OKLA., Oct. 5, 2011 - The Greater Oklahoma City Chamber announced the launch of a new OKCChamber.com, with a refreshed design and more interactive features for Chamber members. Taking advantage of new technologies, the site was developed to provide greater access to services and provide tools for Chamber members to promote their businesses to one another.
The fresh look, designed by the Chamber's design staff, is the product of extensive research of current trends, industry benchmarks and member needs. "We designed this site with our members in mind, first and foremost," said Cynthia Reid, vice president, Marketing and Communications. "We wanted a site that was easier to navigate, easier to use, and provided the kind of content and features our members are looking for and expect."
Some important new members-only features have been added to the site, allowing members to promote their services to each other. New features include:
While much of the content carried over, a new site map makes organization more intuitive and easier to navigate. New technology from our development partners allows the Chamber to display its most important content in a more appealing way. Event registration and the Membership Directly flow better with the layout of the site, while providing visitors with new functionality, including:
"From our Economic Development team, to the lobbying of our Government Relations staff, to the Greater Grads program of our Education and Workforce Development crew, there is so much work going on behind-the-scenes to make Oklahoma City a better place to live, work and play," said Reid. "By visiting this new site, we hope our members will get a better understanding of what we do and see the benefit of their membership in this organization."
For more information, please contact Jill Harrison at firstname.lastname@example.org or 405-297-8990.