For February, the Oklahoma City MSA saw an unemployment rate of just 2.9%.
The Oklahoma City metropolitan area recently ranked first for most affordable rental market nationwide.
Increased year-over-year tax collections indicate healthy trends for the local economy as the City of Oklahoma City exceeds its monthly projections in March.
Read the 2023 Greater Oklahoma City Outlook for insights on what to expect from the local economy this year.
The Greater Oklahoma City Outlook looks at key economic indicators to help forecast the coming year.
According to the Greater Oklahoma City Outlook, the Oklahoma economy is still recovering as it strives to recover the economic activity and employment lost in the pandemic.
Read an excerpt from this year's Greater Oklahoma City Outlook.
Throughout the last two years, the Oklahoma City metro has consistently bucked the norm when it comes to economic strength and viability when compared to other large cities. While community leaders in those cities lamented over higher-than-normal unemployment rates and lower tax revenue collections, leaders here breathed a sigh of relief as unemployment remained low and sales tax collections rebounded, even setting record highs.
