Oklahoma City Economic Reports

[Mike_M]

This would probably push Tulsa ahead of OKC, wouldn't it? Do we really need Tulsa getting ahead of OKC?

There honestly is no benefit to a state as small as Oklahoma being divided against itself. Especially when the rival cities are less than 2 hours apart.

I think it's good that Tulsa gets this. The local populace is so desperate for a big get, it's not gonna matter whatever astronomical concessions Musk demands. I may be just basing this off of their reputation in sports and the arts, but it seems that Tulsa's local education is better than OKC's, so they have a better chance of retaining the talent needed, which has always been my concern with OKC trying to lure big tech.

Reducing Texas's gravity on Oklahoma is always a great thing. Hoping Tulsa is able to pull this off!

[Teo9969]

I don't think if Tulsa gets this it puts Tulsa over OKC. Just the benefit to Tulsa is probably not enough, forget the fact that it will also improve OKC/OK as a whole.

Either way, whether it be Tulsa or OKC, we're at a place in history where both need to propel the state to something better or we're going to find the next 50 years to be increasingly stagnant and "hopeless"

[gopokes88]

I don’t think you guys understand the amount of additional supply chain that comes with this deal in order to get a piece of Tesla’s business. OKC would 100% capture some of that. The idling ready to go, class A industrial space, available in the okc metro because of the oil crash, would be leased up quicker than you can blink.

[stlokc]

I don't understand the phrase "push Tulsa ahead of OKC." What does "ahead" mean? By some measurements, Tulsa could be considered "ahead" right now. By many other measurements, it's OKC. And people will decide that based on whatever criteria they deem important.

My preference is always OKC. But if the choice for this factory is between Tulsa and Austin, I'll choose Tulsa every day and twice on Sunday.

If we're really going to worry about it, though, and if we really think Tulsa and OKC should be competing on these things, (which I don't know that we should be, but whatever) we should ask: Did the city of Tulsa and the city of OKC each submit some kind of proposal? If so, we should compare those proposals on the merits. What was Tesla's criteria? What is it that Tulsa got right in its bid? OKC officials should study that if we want to learn some lessons. Of course, every economic development deal is different, so the lessons will only go so far.

[Bunty]

Mayor G.T. Bynum talks about why Tesla might choose Tulsa for its 'Cybertruck Gigafactory' https://www.tulsaworld.com/news/loca...faff645.html#2

[stlokc]

I thought this was interesting. I've always thought about retail in downtown areas, this report measures it scientifically:

http://cityobservatory.org/the-storefront-index/

OKC is third to last, not surprising. (St. Louis is second to last, also not that surprising). Kind of fun to go to the maps and drill down.

[BG918]

Oklahoma City unemployment rate for April was 14.8%. Tulsa was at 15% and Lawton was at 19%. The national rate was 14.4%.

https://www.tulsaworld.com/business/...632e7fd68.html

[Plutonic Panda]

Los Angeles, the 2nd biggest city in the country, is at 24 percent.

https://www.google.com/amp/s/www.lat...ys%3f_amp=true

[Bunty]

Oklahoma City unemployment rate for April was 14.8%. Tulsa was at 15% and Lawton was at 19%. The national rate was 14.4%.

https://www.tulsaworld.com/business/...632e7fd68.html

In Oklahoma, the unemployment rates in rural counties are not as bad, for instance Payne County: 12.7%., Garfield County: 11.4%.

[gopokes88]

Los Angeles, the 2nd biggest city in the country, is at 24 percent.

https://www.google.com/amp/s/www.lat...ys%3f_amp=true

They got hit especially hard. Lot of people driver uber/wait tables and work in the film production business. (Lighting, sound, make-up, etc etc)

[Canoe]

Is there a place I could look up changes in property cost vs time by zip code?

[Plutonic Panda]

“ NORTH STAR SCIENTIFIC TO OPEN AEROSPACE MANUFACTURING OPERATION IN OKLAHOMA CITY

North Star Scientific (NSS) Corporation, a Hawaii-based company, has announced plans to expand to Oklahoma City. The company plans to start operations in January with approximately five employees and will ramp up to 40 jobs once its manufacturing site is fully operational.“

Read more here:

https://www.velocityokc.com/blog/eco...ack=super_blog

[Plutonic Panda]

Good news for OKC and the state:

https://www.velocityokc.com/blog/eco...ack=super_blog

[Rover]

Is there a place I could look up changes in property cost vs time by zip code?

County assessor site shows each property and is sale history, as well as assessed values over time. Easy to navigate.

[T. Jamison]

Is there a place I could look up changes in property cost vs time by zip code?

What kind of property? Residential or commercial? If residential, yes. The US Census Bureau tracks home value by zip code. Though it only applies to owner-occupied single-family housing.

[baralheia]

Good news for OKC and the state:

https://www.velocityokc.com/blog/eco...ack=super_blog

It depends on your ideals, however... this ranking indexes states by comparing various data points, such as personal and corporate tax rates, minimum wage, whether or not the state has enacted right-to-work legislation... Reading between the lines, a higher ranking on this index equates to lower state tax revenues (affecting quality of state services), fewer state employees, lower minimum wages (states matching the fed minimum wage are ranked lower than states that mandate higher wages)... This is more of an index of states friendlier to businesses vs their citizens - at least in my personal opinion. You can view the full report, along with the metrics they track to determine their Economic Outlook Rank and how we compare to other states in their ranking here: https://www.richstatespoorstates.org...th-Edition.pdf

[Plutonic Panda]

A cool article with good news about the future of OKC’s and Oklahoma's economy as a whole:

https://www.automotiveworld.com/arti...nced-mobility/