Articles tagged with: economy
Is Bigger Better? Norman questions how to manage growth with TIF District
by Casey Holcomb
Norman is a growing city. In the past 20 years the population has increased more than 30 percent, to about 106 thousand people today.
This growth potentially brings many benefits to Norman. When handled wisely, an expanding labor market and higher demands for goods and services can contribute to the prosperity of all of us.… Continue reading
Thursday Links
- Juvenile detention agency may have furloughs
- Mint excludes Survivor Tree from Oklahoma quarter
- Oklahoma County officials defend staff raises
- Oklahoma bankruptcies up almost 30 percent from last year
- Mercury Marine will pay back Oklahoma tax incentives
- Edmond preacher gets rich mixing faith and financial advice
- Over $100k in fines to Oklahoma Ethics Commission going unpaid
- [Video] Oklahoma’s second ‘Gold Standard’ green home nearing completion
This week in Okie blogs / Politics
- OK Policy Blog: Taking on tax incentives
- The Lost Ogle: Sally Kern and politics in the classroom
- Okie Funk: Why we need economic diversity
- An Elegy for the Factory Job: Mr. Nguyen
- BatesLine: Running for mayor — The $50 meal ticket
- A Downtown on the Range: Oklahoma River master plan…a must see video
- Dustbury: Resizing the House
Edmondson joins call for consumer financial protection agency
From The Journal Record:
Oklahoma Attorney General Drew Edmondson has joined the attorneys general of 23 other states to support creation of a federal consumer financial protection agency.
Edmondson said the new entity should oversee large financial institutions, not local banks.
Oklahoma home prices staying firm
From NewsOK:
Oklahoma’s relatively healthy economy and resilient housing market landed it in the No. 2 spot among the states for home value appreciation in the second quarter, the Federal Housing Finance Agency reported Tuesday.
The Sooner State saw home values tick up 0.94 percent, between June 2008 and June 2009, the agency reported in its Purchase-Only House Price Index.
Oklahoma unemployment rising, but still among lowest in U.S.
From NewsOK:
Oklahoma’s jobless rate continued to inch up in July, rising to 6.5 from 6.4 percent for the month of June, the Oklahoma Employment Security Commission reported Friday.
Compared with July 2008, the state’s seasonally adjusted rate rose by 2.6 percentage points, the commission said.
Energy industry still key to Oklahoma economy
From The Associated Press:
The latest revenue shortfall in Oklahoma is a reminder that despite recent efforts to diversify the state’s economy, its financial fortunes still rise and fall with those of the energy industry.
More than 25 years after the famed oil bust devastated the Oklahoma economy, the culprit this time is natural gas prices that have dropped well below $3 per 1,000 cubic feet — the lowest point since 2002.
Faces of the recession
From The Tulsa World:
After losing her job, burning through her savings and fearing what will happen if things don’t turn around, all Mavis King can do is sing.
“Singing has saved my life more than once,” King said. “I can get into it and it’s an expression from the soul.
State declares revenue shortfall, cuts all agency budgets by five percent
From The Norman Transcript:
Revenue collections for July, the first month of the new fiscal year, are well below prior year collections and the official estimate.
The shortfall is great enough that state officials have ordered
an across-the-board budget cut in budget allocations to all state agencies this month, State Treasurer Scott Meacham announced today.
State parole agency considering furloughs
From The Tulsa World:
As the state’s revenue picture deteriorates further, a handful of agencies are considering furloughs.
The state Pardon and Parole Board will consider a furlough plan Tuesday.
“We are just trying to be a little bit proactive,” said Terry Jenks, the board’s executive director.
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