Midland Economic Indicators
| Midland MSA Economic Index February 2026 | |||
|---|---|---|---|
| Industry | January | February | % Change |
| Energy | 111.3 | 112.1 | +0.8 |
| Construction | 143.7 | 157.8 | +14.1 |
| Manufacturing | 139.4 | 140.2 | +0.8 |
| Retail | 126.7 | 126.2 | -0.5 |
| Financial Services | 227.5 | 227.6 | +0.1 |
| Real Estate | 140.4 | 139.1 | -1.3 |
| Professional & Business Services | 126.8 | 126.1 | -0.7 |
| Health Care | 138.6 | 137.8 | -0.8 |
| Hospitality & Tourism | 159.0 | 158.6 | -0.4 |
| Other Activity | 141.9 | 142.1 | +0.2 |
| Midland Composite | 120.3 | 121.1 | +0.8 |
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 February 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 313 | 304 | 240 | -21.22% |
| WTI Oil Price | $77.25 | $71.53 | $64.51 | -9.81% |
| Henry Hub Natural Gas | $1.72 | $4.19 | $3.62 | -13.60% |
| Housing Permits | 50 | 121 | 62 | -48.76% |
| Average Housing Permit Value | $312,141 | $230,945 | $302,981 | +31.19% |
| Airline Boardings | 48,493 | 51,204 | 45,173 | -11.78% |
| Hotel Receipts | $11,153,945 | $12,509,414 | $13,693,532 | +9.47% |
| Employment (Seasonally Adjusted) | 124,100 | 127,300 | 127,300 | +0.00% |
| Unemployment Rate | 2.74% | 2.96% | +3.21% | N/A |
| Midland Index (2021=100) | 123.9 | 125.1 | 121.1 | N/A |
