Tulsa economy ranked one of America's strongest

Business Week ranked Tulsa the No. 7 strongest U.S. metro economy in its list of the 40 top economies based on job growth, employment, home prices and economic growth. The stability of the oil and gas industry was credited for Tulsa’s economic strength, as were home prices and unemployment rate.

“This ranking, as have the many accolades Tulsa has received this year, validates what we’ve been saying about the strength of our regional economy,” said Mike Neal, the Chamber’s president and CEO. “Tulsa’s low cost of doing business, our low cost of living, positive job creation, development projects like the BOK Center and downtown ballpark, and announcements including Holly Corporation, the WNBA and Arena Football 1 headquarters are announcing to the world that Tulsa is open for business and we are thriving despite the national recession.”

Recognitions from national publications give Tulsa a competitive edge for recruiting new businesses and workforce talent to the region.

“The Chamber’s economic development team is leveraging this competitive edge by assertively pursuing relocation projects, stepping up efforts to assist our existing businesses and helping entrepreneurs see success,” Neal said.

Business Week compiled the list using data from the Brookings Institute. Click here to read about Tulsa in the article.