OKC VeloCity | Leadership Notes: Reflecting on OKC's growth in 2024

Leadership Notes: Reflecting on OKC's growth in 2024

By Christy Gillenwater / Economy / December 9, 2024

As 2024 draws to a close, we reflect on the Chamber’s accomplishments and Oklahoma City’s continued growth. This year, the city added 5,800 new jobs, generated $358 million in new payroll and saw $664 million in capital investments across the region. Nonfarm employment rose by 2.4%, highlighting the strength and resilience of our economy.

With the City of Oklahoma City and the Alliance for Economic Development, the Chamber completed a strategic plan to guide our future efforts, focusing on infrastructure, business climate and strategic partnerships—critical factors in positioning our city for ongoing success.

The Chamber also prioritized building key partnerships in biosciences, aerospace and energy. Alongside our statewide partners, we launched Life Science Oklahoma, an industry association designed to drive growth for Oklahoma’s companies. Also, we continued leading the Build Back Better Regional Grant Program, supporting the expansion of life sciences, while also advocating for federal funding to support key local initiatives.

Tourism in Oklahoma City remains robust, fueled by successful marketing campaigns and the city’s ability to host major events, like the Women’s College World Series and the U.S. Olympic Trials. Looking ahead, Oklahoma City was selected as a venue for Canoe Slalom and Softball competitions during 2028 LA28 Summer Olympics, pending final venue approval from the Los Angeles City Council. Voter support for a hotel-motel tax increase further reinforced our city’s standing as a competitive destination for conventions and tourism.

In 2024, the Chamber advocated for business-friendly policies, encouraging members to engage in legislative efforts that will help shape our future.

As we look to 2025, the Forward Oklahoma City VI plan, focused on industry growth and talent development, will drive the city’s prosperity. Thank you for being part of this journey as we work to ensure Oklahoma City remains a hub of opportunity, innovation and success.

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