Tag Archives: economics

Economic Update

THE GOODThe domestic economy appears to be gaining momentum in the first quarter of 2012. This is a continuation of progress that was made in what appeared to be a rather lackluster 2011, until you break it down quarter by quarter. In retrospect, real GDP grew in the first half of 2011 by about 1%.

Still healing

With consumer confidence plummeting and national job growth stalling, the national economic news seems to get bleaker each week. Yet if you listen to state budget officials, the Oklahoma economy is doing fine. But is Oklahoma really immune to the national economic ills? State officials certainly seem to be upbeat. State Treasurer Ken Miller wrote


Rather than constructing their bread-and-butter homes, they are building a group of them with less square footage, and pricing them more modestly. But, rest assured, these are no shacks, starters or cheap imitations of neighboring homes. Mark Dale, owner of Carriage Homes, and Mark Gautreaux, the developer of Fairview Farm at N.W. 150th Street and

A cautionary tale

Real GDP (a measure of overall economic activity in the U.S.) grew impressively, and modest improvements in the labor market signaled a stronger than expected recovery. Economists and pundits alike lauded the impressive economic gains, and began to adjust upwardly their forecasts for the remainder of 2010 and 2011. Many economists (this author included) cautioned