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Journal Article
Update on Oklahoma’s economy : Spotlight on Guymon, Oklahoma
Economic growth in Oklahoma continued to outpace the nation into the summer months of 2012. Oklahoma payroll employment was up from July 2011. Oklahoma is nearly back to pre-recession employment levels, with just a slight drag from the Tulsa area due to the magnitude of job loss in that area during the recession. Manufacturing and energy continued to lead Oklahoma?s growth in total jobs. Employment in most other Oklahoma industries was generally stable.
Journal Article
Update on Oklahoma’s economy : Spotlight on Oklahoma housing conditions
Economic growth in Oklahoma continued to outperform the nation in late 2011. Oklahoma payroll employment was up from a year ago, and the state continues to move closer to pre-recession employment levels. Manufacturing posted the highest growth in actual Oklahoma jobs in December, while energy was a close second. Other industries also recorded solid job growth, particularly construction and professional services.
Journal Article
Spotlight on manufacturing in Oklahoma
Oklahoma continued to outpace the nation in economic growth during the early fall months. Payroll employment was up in October from a year ago, and the state is now above pre-recession employment levels. Manufacturing led Oklahoma?s job growth, while trade, transportation and utility firms also posted solid job gains. Energy employment has declined slightly, but still remains above year-ago levels.
Journal Article
How is the rise in national defense spending affecting the Tenth District economy?
In 2007, the United States spent over $650 billion on national defense. Even after adjusting for inflation, this was the largest annual amount since 1945, surpassing previous post-World War II peaks reached during the Korean, Vietnam, and Cold wars. Defense spending has risen steadily this decade, today accounting for nearly 5 percent of overall gross domestic product?about the same share as residential construction. ; National defense represents an even larger share of economic activity in the Tenth Federal Reserve District. The region is home to some of the country's largest military ...
Journal Article
Update on Oklahoma's economy
Journal Article
The transformation of manufacturing across Federal Reserve Districts: success for the Great Plains?
Despite experiencing solid gains in the last two years, U.S. manufacturing employment is down by about one-third since 1990. The decline has been felt more dramatically in some eastern Federal Reserve Districts. ; In the three Districts of the Great Plains?Dallas, Kansas City and Minneapolis?factory employment has consistently held up better than in other Districts. ; Wilkerson and Williams find that since 2000, nearly half of the better factory jobs performance in the Great Plains has been due to a more favorable mix of manufacturing industries than in other regions of the country.
Journal Article
Minority workers in the Tenth District: rising presence, rising challenges
The population of the Tenth Federal Reserve District has become increasingly diverse in recent decades. Since 1970, the share of ethnic and racial minorities in the district has nearly doubled, reaching 25 percent of the area's population in 2005. Minority job situations and earnings have long been topics of national interest for economic researchers and public policymakers. Further, minority workers are a rapidly growing part of the district's labor force and thus a vital resource for district businesses. ; Wilkerson and Williams consider the jobs and earnings of Tenth District minority ...
Journal Article
Update on Oklahoma's economy
Journal Article
The export potential of Tenth District states
After collapsing during the financial and economic crisis, exports have grown rapidly in the nation and across much of the Tenth Federal Reserve District. Despite some risks, most economic forecasts for national exports point to continued robust growth. An export boom, however, could have disparate effects across the country, given sizable differences in the volume, composition, and trends of state exports. ; Wilkerson and Williams assess the export potential of the Tenth District. They find that future export growth in the district is likely to be strong, although most states are likely to ...