economy

OK GDP Grew 4.2% in 2013
7:42 pm
Wed June 11, 2014

Oklahoma Ranks Fourth In 2013 Real GDP Growth

Credit geralt / Creative Commons

Oklahoma ranked fourth in real gross domestic product growth in 2013, according to new data released Wednesday by the Bureau of Economic Analysis.

Oklahoma’s real gross domestic product grew 4.2 percent in 2013. That was behind only North Dakota, 9.7 percent; Wyoming, 7.6 percent; and West Virginia, 5.1 percent.

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But Six Month Ahead Outlook Drops
8:41 pm
Mon June 2, 2014

Midwest Economic Index Hits Another 3-year High

A monthly economic index for nine Midwestern and Plains states has inched up to hit another three-year high, suggesting more economic growth over the next three to six months.

A report issued Monday says the overall Mid-America Business Conditions Index rose to 60.5 in May from 60.4 in April, which also was a three-year high.

Looking six months ahead, the business confidence portion of the overall index dropped to 62.5 from 64.2 in April.

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State Of The State
4:35 pm
Mon February 3, 2014

Fallin Proposes Income Tax Cut, Discusses Education In Annual Address

Gov. Mary Fallin delivers the 2014 State of the State address as Lt. Gov. Todd Lamb and House Speaker T.W. Shannon (R-Lawton) look on.
Credit Joe Wertz / StateImpact Oklahoma

Gov. Mary Fallin is proposing a .25 percent reduction in Oklahoma's income tax rate.

Fallin made the proposal Monday while delivering her State of the State address at the start of the 2014 Oklahoma Legislature.

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Economic Forecast
8:19 am
Thu January 2, 2014

Oklahoma, Midwest Economic Outlook Optimistic

Credit Steve Wampler / Flickr.com

A monthly economic report suggests supply managers surveyed in nine Midwestern and Plains states are optimistic about the regional economy over the next six months.

The confidence index for the Mid-America Business Conditions Index jumped to 66.5 last month from 57.2 in November. However, the overall index rose just 2 points, to 53.2 from 51.2 in November.

Creighton University economist Ernie Goss oversees the survey, and he says businesses tied to agriculture continue to report softer economic conditions.

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Business and Economy
12:46 pm
Wed December 4, 2013

Forecast: Jobs Up In 2014, But Only In OKC And Tulsa

Credit StevenSmith1 / Flickr Creative Commons

Oklahoma could see more jobs, if predictions from a new economic forecast come true.

Economist Dan Rickman expects 20,000 jobs will be added to the state’s economy in the next year. He says most of those will come in the administrative and support services, with more than 5,000 new workers.

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The Two-Way
8:27 am
Thu November 21, 2013

Jobless Claims And Wholesale Prices Drop

Part of the scene at a job fair for veterans and family members earlier this month in Marietta, Ga.
David Goldman AP

Originally published on Thu November 21, 2013 10:47 am

While it's always important to keep in mind that neither one week nor one month make for a trend, there is good economic news to pass along:

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World Views
4:30 pm
Fri November 8, 2013

World Views: November 8, 2013

Listen to the entire November 8, 2013 episode.

Earlier this week anti-American protests in Iran marked 34 years since the storming of the Embassy in Tehran, and the start of the 18-month hostage crisis. Suzette Grillot talks about the anniversary with Joshua Landis, who also provides a brief update on Saudi Arabia's frustration with the U.S. over Syria.

Later, a conversation with Boston University modern European historian Jonathan Zatlin. He says parts of Europe's debt crisis can be explained by religious tension between the Protestant North and the Catholic South.

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World Views
12:14 pm
Tue November 5, 2013

Economic Lessons Europe Learned (Or Didn’t Learn) During The 20th Century

People walk past the former barrier between East and West Berlin after the Fall of Berlin Wall in November 1989.
Credit Raphaël Thiémard / Flickr Creative Commons

Listen to Suzette Grillot's conversation with Boston University historian Jonathan Zatlin.

Allied powers divided war-torn Germany into four zones of occupation after World War II, with three of those zones uniting in 1949 to form what became known as West Germany.

The Soviet Union controlled the fourth zone, and East Germany remained within the Eastern Bloc’s sphere of influence for the next four decades.

Boston University modern European historian Jonathan Zatlin says the divided nation served as a tripwire for all the tensions of the Cold War, and that Soviet dictator Joseph Stalin worried a united Germany posed a security risk.

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Economy
8:27 am
Fri November 1, 2013

Business Survey Shows Economic Decline In Oklahoma And Midwest

The corporate campus of Chesapeake Energy in Oklahoma City.
Credit Joe Wertz / StateImpact Oklahoma

A business conditions index for nine Midwest and Plains states, including Oklahoma, has dropped after rising the previous two months.

The overall Mid-America Business Conditions Index plunged to a growth neutral 50.0 in October from 54.8 in September.

Creighton University economist Ernie Goss oversees the survey, and he says the partial government shutdown and slower business activity for firms tied to agriculture pushed overall economic conditions lower for the month.

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World Views
4:30 pm
Fri September 27, 2013

World Views: September 27, 2013

Listen to the entire September 27, 2013 episode.

Over the last decade, the foreign-born population in Mexico has nearly doubled, and the country is turning into an immigrant destination. Suzette Grillot talks with University of Oklahoma Latin America scholar Alan McPherson about the new dynamics of migration in our southern neighbor.

Later, a conversation with environmental journalist Emma Marris. She writes about “assisted migration” - deliberately helping plants and animals colonize new habitats.

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