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

Published byDonna Hoover Modified over 9 years ago

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Presentation on theme: "SLIDE 1 Dan Rickman Regents Professor of Economics and Oklahoma Gas and Electric Services Chair in Regional Economic Analysis Oklahoma State University."— Presentation transcript:

1 SLIDE 1 Dan Rickman Regents Professor of Economics and Oklahoma Gas and Electric Services Chair in Regional Economic Analysis Oklahoma State University http://economy.okstate.edu/ Oklahoma Economic Outlook 2016

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

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

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

5 SLIDE 5 October 2014-2015 BLS Nonfarm Employment Growth Rates (%) 0.1 0.4 0.2 -2.0 -1.8 0.8 U.S. = 1.9

6 SLIDE 6 Oklahoma Rotary Rig Count (Baker Hughes)

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

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

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

10 SLIDE 10 Pessimistic Scenario: Oklahoma Nonfarm Employment

11 SLIDE 11 Contact us for programs to be offered on-site at your organization Web: www.cepd.okstate.edu Twitter: @OSUCEPD Facebook: OSUCEPD Phone: 405-744-5208 THANK YOU!

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