Midland Economic Indicators
| Midland MSA Economic Index March 2026 | |||
|---|---|---|---|
| Industry | February | March | % Change |
| Energy | 112.1 | 117.6 | +5.5 |
| Construction | 159.1 | 182.1 | +23.0 |
| Manufacturing | 140.3 | 141.3 | +1.0 |
| Retail | 126.3 | 126.6 | +0.3 |
| Financial Services | 227.5 | 226.8 | -0.7 |
| Real Estate | 139.0 | 139.0 | +0.0 |
| Professional & Business Services | 126.5 | 128.0 | +1.5 |
| Health Care | 137.6 | 138.3 | +0.7 |
| Hospitality & Tourism | 158.4 | 158.2 | -0.2 |
| Other Activity | 142.1 | 142.7 | +0.6 |
| Midland Composite | 121.2 | 125.8 | +4.6 |
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 March 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 315 | 301 | 242 | -19.58% |
| WTI Oil Price | $81.28 | $68.24 | $90.84 | +33.12% |
| Henry Hub Natural Gas | $1.49 | $4.12 | $3.05 | -25.97% |
| Housing Permits | 127 | 102 | 55 | -46.08% |
| Average Housing Permit Value | $173,144 | $205,227 | $325,791 | +58.75% |
| Airline Boardings | 53,943 | 52,500 | 50,190 | -4.40% |
| Hotel Receipts | $12,590,716 | $14,346,786 | $14,356,448 | +0.07% |
| Employment (Seasonally Adjusted) | 124,300 | 127,400 | 127,900 | +0.39% |
| Unemployment Rate | 2.81% | 2.96% | 3.15% | N/A |
| Midland Index (2021=100) | 125.5 | 125.6 | 125.8 | N/A |
