Oklahoma is attracting thousands of new residents each year, drawn by its affordable housing, job opportunities, and quality of life. In 2023 alone, more than 25,000 people moved to the state, according to a recent migration study by StorageCafe using the latest U.S. Census data. This steady influx placed Oklahoma among the top 10 states for net migration.
Wheeler Bio announced its successful completion of an oversubscribed Series A-1 financing round, meaning the Oklahoma City-based company attracted more investor interest and funding offers than initially sought, a strong indicator of confidence in the company’s growth and potential. The $35 million round was led by Alloy Therapeutics and Echo Investment Capital (Echo), with additional participation from Mitsubishi Corp. (Americas), Germin8 Ventures and Russell Westbrook Enterprises.
Visit OKC’s Fiscal Year 2024 (FY24) Annual Report, highlights the significant economic impact tourism has on Oklahoma City. Through its strategic efforts, Visit OKC has attracted major conventions, sporting events, and leisure visitors, boosting the City's economy.
Long Wave Inc., an Oklahoma City-based defense contractor, has been selected as a subcontractor for Northrop Grumman Systems Corp.’s $3.5 billion contract supporting the U.S. Navy’s TACAMO Recapitalization Program.
Oklahoma leads the nation in profit per employee among Fortune 500 companies, according to a DoFollow report using data from the 2024 Fortune 500 rankings.
2024 was a standout year for economic development in Greater Oklahoma City, marked by substantial growth and the diversification of job opportunities across multiple sectors.
Oklahoma City officially opened the OKANA Resort and Indoor Waterpark with a ribbon-cutting ceremony, marking a major milestone for the city’s tourism industry and the Chickasaw Nation’s economic development efforts. The $400 million development in the Horizons District, next to the First Americans Museum (FAM), is the largest commercial investment in Oklahoma City history.
Oklahoma City's steady job growth, younger-than-average population and role as the state's economic driver position the metro for long-term success, according to the 2025 Greater Oklahoma City Economic Outlook. The study, completed by Russell Evans, partner and chief economist for Thorberg Collective, and Eric Long, research economist for the Chamber, projects a 2.5% increase in metro job growth for 2025, adding 18,200 jobs.
