Retail sales across Oklahoma's cities continue to improve. State sales subject to both sales and use tax are down only 5.4% year-to-date through July of 2020 vs. 2019. The gap relative to 2019 has narrowed steadily since April. July 2020…
Overall state retail results are as bad as expected at this stage of the slowdown. State sales subject to sales and use tax are down 9.8% in the March/April/May period of 2020 vs. 2019. This is fairly consistent with our…
The Bad News You may be wondering where the good news is hiding given the string of bad news on Oklahoma unemployment claims so far in the slowdown. In the most recent data released this morning, the state posted its…
COVID 19-related layoffs are varying widely across the states. A useful measure of the severity of layoffs to date is total initial jobless claims in the first four weeks of the slowdown (from March 20 to April 10) as a…
Several of the major energy-producing states face economic pressures in the coming year from both the global virus outbreak and the oil and gas price collapse. It's possible that in some energy states the effects of the oil and gas…