Thursday, June 18, 2009

Oklahoma City's Economy Second Strongest in the Nation

We're number two!
A new study by the Brookings Institution reinforces the belief that Oklahoma's economy is one of the country's best at withstanding a recession.

The MetroMonitor report released Wednesday ranked the strongest performing metropolitan areas in the country, and placed Oklahoma City behind only San Antonio. Tulsa was ranked ninth on the list.

The study comes just over a year after Forbes magazine named Oklahoma City the most recession-proof city in the U.S.

I'm finding that to be true with my clients, too. The oilfield related businesses are in a bit of a downturn but they're looking ahead for things to improve. Otherwise, everyone else seems to be doing just fine, thank you very much. Let's hope it stays that way.

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