A crew at Tinker Air Force Base works on a C-130.
THE REGIONAL ECONOMY
The Greater Oklahoma City region is a well-known hub of entrepreneurship and a land of opportunity for job seekers – after all, the city was built by strong, pioneering individuals and companies. Many of those original citizens came here with little except the determination to make a new start and they came together as a community overnight. Risk-taking, a sense of optimism and community cooperation remain hallmarks of Oklahoma’s business climate and community spirit. Read more about the region’s industries at abetterlifeokc.com/ industries.
MSA, a testament to the ongoing diversification of Greater Oklahoma City’s economy. Building upon the strength of the oil and gas sector, other significant sectors include aerospace, professional services, bioscience/healthcare, government, manufacturing, hospitality and retail trade. The major industry clusters include: Aviation and Aerospace In Greater Oklahoma City, there are more than 236 public- and private- sector aviation and aerospace firms, 36,600 employees and $4.9 billion produced in goods and services. Recent relocations and significant capital investments by The Boeing Company highlight Oklahoma City’s
potential for even more aerospace growth. Bioscience/Healthcare Ground-breaking discoveries made by Oklahoma City-based researchers have helped put Oklahoma City on the map as a contender in the bioscience and technology marketplace. Oklahoma’s bioscience companies boast annual revenues of more than $6.7 billion and support 51,000 workers with total compensation of $2.2 billion. Energy Oklahoma City’s energy industry has developed significantly from its oil-intense beginnings. Oklahoma
For generations, many of the nation’s most renowned energy entrepreneurs have operated out of Oklahoma City, making Oklahoma a primary energy state and Oklahoma City an energy capital. Oklahoma not only is home to many of the world’s most renowned innovators in energy exploration and some of the world’s most promising new oil and gas plays, but the state also has one of the nation’s highest levels of wind generation capacity at 8,072 megawatts in 2018, with more than 1,000 megawatts expected to be added this year. While the energy sector touches multiple industries, it directly accounts for only about 3 percent of total employment in the Oklahoma City
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