Midland Economic Indicators
| Midland MSA Economic Index October 2025 | |||
|---|---|---|---|
| Industry | September 2025 | October 2025 | % Change |
| Energy | 110.2 | 109.5 | -0.7 |
| Construction | 174.9 | 171.4 | -3.5 |
| Manufacturing | 136.7 | 136.7 | +0.0 |
| Retail | 129.6 | 129.6 | +0.0 |
| Financial Services | 227.1 | 227.7 | +0.6 |
| Real Estate | 153.6 | 153.8 | +0.2 |
| Professional & Business Services | 129.7 | 129.8 | +0.1 |
| Health Care | 139.9 | 140.1 | +0.2 |
| Hospitality & Tourism | 157.1 | 157.1 | +0.0 |
| Other Activity | 143.3 | 143.4 | +0.1 |
| Midland Composite | 121.0 | 120.5 | -0.5 |
Note: Industries are not weighted equally in calculating the Industry Composite; see the Appendix for further explanation. The Midland Metropolitan Statistical Area (MSA) includes Midland and Martin counties. Source: The Perryman Group
| Selected Midland Economic Indicators | ||||
|---|---|---|---|---|
| Indicator September 2025 | 2023 | 2024 | 2025 | 2024-2025 % Change |
| Permian Basin Rig Count | 311 | 304 | 251 | 17.57% |
| WTI Oil Price | $85.64 | $71.99 | $60.89 | -15.42% |
| Henry Hub Natural Gas | $2.98 | $2.20 | $3.19 | +45.00% |
| Housing Permits | 99 | 124 | N/A | N/A |
| Average Housing Permit Value | $256,987 | $225,319 | N/A | N/A |
| Airline Boardings | 58,321 | 60,647 | 62,989 | +3.86% |
| Hotel Receipts | $12,859,301 | $13,521,561 | $14,544,647 | +7.57% |
| Employment (Seasonally Adjusted) | 122,400 | 125,800 | N/A | N/A |
| Unemployment Rate | 2.73% | 3.00% | N/A | N/A |
| Midland Index (2021=100) | 124.3 | 124.4 | 120.5 | N/A |
