The collapse in energy prices (both crude oil and natural gas) will continue to weigh on much of the Oklahoma economy in 2016. Statewide, our projected job loss is -0.6% on a year-over-year basis. The weakness should be widespread but concentrated in a…
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The latest outlook on domestic crude production from the U.S. Department of Energy is not encouraging. Domestic oil production is not expected to bottom until September 2016.
Mark Snead is quoted in a recent article in the Lawton Constitution discussing the 2014 outlook for the Lawton, Oklahoma region. The outlook was delivered at the Lawton-Fort Sill Economic Development Corporation's first annual luncheon.
See our 2014 Owasso Economic Outlook (pdf) for the Owasso, Oklahoma area. Also see the slides (pdf) for a presentation of the outlook. Outlook Summary: Owasso accelerates to near its pre-recession pace Retail trade activity surged in 2013 Census population…