Midland Economic Indicators

Midland MSA Economic Index June 2026
IndustryMayJune% Change 
Energy120.8118.2-2.6
Construction186.1201.2+15.1
141.1142.6143.1+0.5
Retail127.9127.8-0.1
Financial Services220.0220.2+0.2
Real Estate144.9148.7+3.8
Professional & Business Services128.9129.1+0.2
Health Care138.2146.1+7.9
Hospitality & Tourism158.1157.1-1.0
Other Activity143.6143.0-0.6
Midland Composite128.5127.2-1.3

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 June 20262024202520262025-2026 % Change
Permian Basin Rig Count308272256-5.85%
WTI Oil Price479.77$68.17$85.52+25.45%
Henry Hub Natural Gas$2.53$3.02$3.14+3.97%
Housing Permits10214792-37.41%
Average Housing Permit Value$195,119$201,420$274.394+36.23%
Airline Boardings71,80470,74262,147-12.15%
Hotel Receipts$12,788,026$13,742,623$13,545,075-1.44%
Employment (Seasonally Adjusted)124,700127,000129,200+1.73%
Unemployment Rate2.96%3.09%3.23%N/A
Midland Index (2021=100)126.3125.8127.2N/A