Part deux: white-hot economic growth to Midland, Odessa | Part deux: white-hot economic growth to Midland, Odessa | https://www.recenter.tamu.edu/news/newstalk-texas/?Item=19522 | 2018-03-27T05:00:00Z | 2018-03-27T22:15:00Z | MIDLAND, ODESSA – Midland and Odessa are on course to repeat or even surpass the white-hot economic growth of 2010-2014.
Most components of the January 2018 Midland-Odessa Regional Economic Index are at record levels, said economist Karr Ingham. For the Midland-Odessa area, year-end 2017 employment was 173,400, a gain of 12,000 jobs or 9 percent, up from the original 2.4 percent. Consumer spending led growth in Midland, with spending 49.4 percent higher and sales tax receipts 27.4 percent higher than January 2017. Midland-Odessa’s thriving economy continues to attract outside dollars, denoted by the 16.1 percent rise in airline boardings over January 2017 and an 82.7 percent leap in hotel-motel tax collections.
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