KGOU Pledge Online Today!Follow Us at FacebookLive Streaming
More Growth Forecast for Okla. Economy in 2012 (Dec 27, 2011)

OKLAHOMA CITY (AP) - Oklahoma's economy showed signs of recovery in 2011, with encouraging growth in oil and natural gas production, the aerospace industry and manufacturing.

But the prospect of political turmoil in Washington, D.C., and a financial crisis in Europe bring uncertainty to the state's economic outlook for 2012.

The state enters the new year riding a wave of economic optimism. It has one of the nation's lowest unemployment rates, and the U.S. Chamber of Commerce says it has among the fastest growth rates for jobs. Business leaders say those are signs of economic strength.

Commerce Secretary Dave Lopez says out-of-state employers are showing "strong interest" in operating in Oklahoma next year in part because it has a low cost of doing business. Oklahoma has the third-lowest cost of living in the nation.


« back


High Speed Low Speed streaming issues High Speed Low Speed streaming issues