Dallas is no longer an Energy Town, but Houston sure is…

The economic personalities of the Dallas and Houston metro areas are a bit Jekyll and Hyde at the moment. The Dallas-Ft. Worth metro area has added jobs at an increasing pace since the recession ended, reaching an astounding job growth rate of nearly 5% over the past 12 months. Dallas has largely ignored the collapse in the oil and [...]

By | 2016-04-18T19:04:58+00:00 April 18th, 2016|Graphic, Pic of the Week, Uncategorized|0 Comments

Energy Collapse Weighs Further on Colorado Hiring

We often refer to Colorado as one of the ‘Super States.’ That select group of high-performing states with strong job and wage growth, rapid in-migration of new residents, an educated workforce, abundant high-tech activity, and so on. You get the picture. But it is the old fashioned commodity markets, particularly crude oil and natural gas, that are [...]

By | 2016-04-05T12:04:36+00:00 April 5th, 2016|Graphic, Pic of the Week, Uncategorized|0 Comments

Areas of Oklahoma Will Struggle to Add Jobs in ’16

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 few regions. The map of job growth below (see a dynamic version here) illustrates the [...]

By | 2016-02-18T20:06:23+00:00 February 18th, 2016|Forecasting, Graphic, Maps, Pic of the Week, Uncategorized|0 Comments

U.S. Crude Oil Production is Expected to Bottom in…

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.  […]

By | 2015-11-11T14:08:26+00:00 November 11th, 2015|Graphic, Pic of the Week, Uncategorized|0 Comments

Which States are Most Dependent Upon Oil and Gas Activity?

Currently, Oklahoma has the distinction of having the largest share of total household earnings* coming directly from the oil and gas industry – an astounding 13.9% for all of 2014. In fact, Oklahoma now has the highest share ever posted by a state in the modern energy era, with Wyoming’s 13.5% share in 1982 ranking a close second. [...]

By | 2015-10-29T10:39:04+00:00 October 29th, 2015|Graphic, Pic of the Week, Uncategorized|3 Comments