Midland Economic Indicators
| Midland MSA Economic Index August 2026 | |||
|---|---|---|---|
| Industry | July | August | % Change |
| Energy | 117.5 | 118.7 | +1.2 |
| Construction | 205.5 | 192.3 | -13.2 |
| Manufacturing | 143.1 | 143.8 | +0.7 |
| Retail | 126.3 | 124.9 | -1.4 |
| Financial Services | 218.1 | 216.7 | -1.4 |
| Real Estate | 150.1 | 149.5 | -0.6 |
| Professional & Business Services | 130.8 | 131.4 | +0.6 |
| Health Care | 145.6 | 144.4 | -1.2 |
| Hospitality & Tourism | 158.5 | 157.1 | -1.4 |
| Other Activity | 143.8 | 142.3 | -1.5 |
| Midland Composite | 127.0 | 127.3 | +0.3 |
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 August 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 304 | 256 | 266 | +3.71% |
| WTI Oil Price | $76.68 | $64.86 | $83.90 | +29.36% |
| Henry Hub Natural Gas | $1.98 | $2.91 | $2.78 | -4.47% |
| Housing Permits | 133 | 82 | 67 | -18.29% |
| Average Housing Permit Value | $219,534 | $352,633 | $340,938 | -3.22% |
| Airline Boardings | 70,311 | 72,497 | 66,282 | -8.57% |
| Hotel Receipts | $12,073,329 | $12,701,203 | $13,473,143 | +6.08% |
| Employment (Seasonally Adjusted) | 125,400 | 126,300 | 129,500 | +2.53% |
| Unemployment Rate | 3.02% | 3.21% | 3.22% | N/A |
| Midland Index (2021=100) | 126.4 | 123.3 | 127.3 | N/A |
