SLIDE 1 Dan Rickman Regents Professor of Economics and Oklahoma Gas and Electric Services Chair in Regional Economic Analysis Oklahoma State University.

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Presentation transcript:

SLIDE 1 Dan Rickman Regents Professor of Economics and Oklahoma Gas and Electric Services Chair in Regional Economic Analysis Oklahoma State University Oklahoma Economic Outlook 2016

SLIDE 2 U.S. Real Gross Domestic Product Growth (%): IHS Global Insight Forecast

SLIDE 3 Oil Prices (IHS Global Insight, Inc.): West Texas Intermediate Oil ($/bbl)

SLIDE 4 Natural Gas Prices (IHS Global Insight, Inc.): Henry Hub Natural Gas ($/mmBtu)

SLIDE 5 October BLS Nonfarm Employment Growth Rates (%) U.S. = 1.9

SLIDE 6 Oklahoma Rotary Rig Count (Baker Hughes)

SLIDE 7 Oklahoma Energy Production: Deseasonalized (2000:1=1)

SLIDE 8 U.S. and Oklahoma Mining Employment (Annualized %Change)

SLIDE 9 US and Oklahoma Nonfarm Employment Growth Rates (Deseasonalized Annualized % change)

SLIDE 10 Pessimistic Scenario: Oklahoma Nonfarm Employment

SLIDE 11 Contact us for programs to be offered on-site at your organization Web: Facebook: OSUCEPD Phone: THANK YOU!