Midland Economic Indicators
| Midland MSA Economic Index May 2026 | |||
|---|---|---|---|
| Industry | April | May | % Change |
| Energy | 119.9 | 120.6 | +0.7 |
| Construction | 183.6 | 190.6 | +7.0 |
| 141.1 | 141.1 | 142.7 | +1.6 |
| Retail | 128.9 | 128.0 | -0.9 |
| Financial Services | 221.5 | 220.2 | -1.3 |
| Real Estate | 142.0 | 146.2 | +4.2 |
| Professional & Business Services | 127.9 | 128.7 | +0.8 |
| Health Care | 136.4 | 137.3 | +0.9 |
| Hospitality & Tourism | 159.1 | 158.4 | -0.7 |
| Other Activity | 143.0 | 143.8 | +0.8 |
| Midland Composite | 127.6 | 128.5 | +0.9 |
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 May 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 313 | 282 | 247 | -12.54% |
| WTI Oil Price | $80.02 | $62.17 | $102.13 | +64.28% |
| Henry Hub Natural Gas | $2.12 | $3.12 | $2.94 | -5.77% |
| Housing Permits | 120 | 139 | 60 | -56.83% |
| Average Housing Permit Value | $160,441 | $209,265 | $276,813 | +32.28% |
| Airline Boardings | 61,502 | 62,502 | 55,350 | -11.44% |
| Hotel Receipts | $12,604,653 | $13,226,467 | $12,265,600 | -7.26% |
| Employment (Seasonally Adjusted) | 124,600 | 128,000 | 128,500 | +0.39% |
| Unemployment Rate | 2.93% | 3.03% | 3.17% | N/A |
| Midland Index (2021=100) | 126.1 | 125.0 | 128.5 | N/A |
