VeloCity - February 2026

OKLAHOMA CITY ECONOMIC OUTLOOK

Oklahoma City closed 2025 on solid economic footing, marked by steady job growth, historically low unemployment, and continued business investment across the metro. While growth is expected to moderate in 2026, the region enters the year from a position of strength, supported by a diverse economy and long-term development efforts. Economic snapshot • 6,600 jobs added in 2025, a 0.9% increase in nonfarm employment • 3.2% average unemployment, among the lowest levels since 1990 • More than four consecutive years with unemployment below 4% • 121 companies considering relocation or expansion in the region 2025 in review

Job growth in 2025 was spread across several key industries. Construction led the way, followed by education and health services, reflecting continued demand tied to population growth, infrastructure investment, and workforce needs. Additional gains occurred in financial activities, leisure and hospitality, and trade, transportation and utilities. Some sectors experienced modest declines, including manufacturing, professional and business services, and government employment. Even with those decreases, overall employment growth remained positive and balanced.

Unemployment remained one of Oklahoma City’s strongest economic indicators. The metro posted an average unemployment rate of 3.2% for the year, ranking among the top 10 large U.S. metros for lowest unemployment. Rates ranged from a low of 2.4% in April to a high of 3.8% in November, staying below 4% throughout the year. Looking ahead to 2026 Job growth is expected to continue in 2026, though at a more measured pace. Current forecasts project the addition of nearly 4,500 jobs, or about 0.6% growth. Other forecasting models tracked by the Greater Oklahoma City Chamber show similar expectations, ranging between 0.7% and 1.1%.

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