RegionTrack Pic-of-the-Week:
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…
Yep, that slowdown in population growth we all knew was coming is officially here. I thought I would share a little data because it may be the least discussed factor underlying U.S. economic growth at the moment. The slowing is…
The short answer is that the Oklahoma economy remains VERY sensitive to oil and gas activity. A useful way to illustrate the link is to quantify the contribution of the oil and gas sector to overall state real GDP growth over…
The Oklahoma economy shed more than 25,000 jobs and state tax revenue dropped by about 10% in the oil and gas cycle of the past two years. So, is the recession that has weighed so heavily on the Oklahoma economy…