Economy

Why Oklahoma City’s Doing Well in this down Economy

October 23, 2009

Oklahoma City’s mayor, Mick Cornett appeared on Bloomberg Television yesterday to showcase Oklahoma City’s local economy and how we’re handling the economic downturn. He also commented on our local real estate market, both residential and commercial, explaining that because our local home prices didn’t soar to the high levels seen in other markets, Oklahoma City [...]

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Household Net Worth Rises for 1st Time in 2 Years

September 22, 2009

The Federal Reserve recently reported that American households were $2 trillion richer on June 30, 2009 than they were the 3 months earlier. This is the first time in 2 years that that’s happened. Net worth is down $12.2 trillion from the peak in 2007 which shows how drastic the drop in stock prices and [...]

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