|Oklahoma City's Farmer's Market | 9.29.2012|
For the third month in a row, Oklahoma City is at the top of the "On Numbers Economic Index," put out by The Business Journals. The index measures the relative economic vitality of more than 100 metropolitan areas that have more than 500,000 residents. This month, Oklahoma City came in ahead of Austin (No. 2), Tulsa (No. 3) and Houston (No. 4).
According to the article, Oklahoma City is the only city that was able to attain four keys to success:
- Keep the unemployment rate below 5 percent.
- Ignore the recession and continue adding jobs.
- Boost workers' pay by more than 10 percent over a span of five years.
- Increase the value of local housing.
This ranking comes on the heels of various other accolades, including:
- No. 3 Among College Destination Cities - American Institute for Economic Research, Oct. 8, 2012
- One of the Best Cities for College Students - American Institute for Economic Research, Oct. 1, 2012
- Housing Revival No Problem in OKC - The Business Journals, Sept. 14, 2012
- Best Communities for Young People - America's Promise Alliance, Sept. 13, 2012
- Oklahoma Outpaces the Nation in Household Income Growth - U.S. Census Bureau, Sept. 13, 2012
Source: Greater Oklahoma City Chamber of Commerce