Midland Economic Indicators
| Midland MSA Economic Index July 2026 | |||
|---|---|---|---|
| Industry | June | July | % Change |
| Energy | 118.4 | 117.6 | -0.8 |
| Construction | 201.2 | 198.6 | -2.6 |
| 141.1 | 143.1 | 142.9 | -0.2 |
| Retail | 127.8 | 127.3 | -0.5 |
| Financial Services | 219.1 | 218.1 | -1.0 |
| Real Estate | 148.7 | 154.1 | +5.4 |
| Professional & Business Services | 129.1 | 130.5 | +1.4 |
| Health Care | 146.1 | 147.8 | +1.7 |
| Hospitality & Tourism | 157.1 | 158.5 | +1.4 |
| Other Activity | 143.0 | 143.6 | +0.6 |
| Midland Composite | 127.3 | 127.1 | -0.2 |
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 July 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 305 | 263 | 259 | -1.69% |
| WTI Oil Price | $81.80 | $68.39 | $80.46 | +17.65% |
| Henry Hub Natural Gas | $2.07 | $3.20 | $2.89 | -9.69% |
| Housing Permits | 131 | 193 | 75 | -61.14% |
| Average Housing Permit Value | $199,082 | $187,740 | $368,092 | +96.06% |
| Airline Boardings | 70,312 | 70,264 | 64,768 | -7.82% |
| Hotel Receipts | $11,957,663 | $13,984,638 | $13,380,162 | -4.32% |
| Employment (Seasonally Adjusted) | 124,300 | 125,900 | 129,800 | +3.10% |
| Unemployment Rate | 2.99% | 3.16% | 3.23% | N/A |
| Midland Index (2021=100) | 126.8 | 124.8 | 127.1 | N/A |
