Midland Economic Indicators

Midland MSA Economic Index April 2026
IndustryMarchApril% Change 
Energy117.7119.7+2.0
Construction182.2193.5+11.3
Manufacturing141.3140.9-0.4
Retail126.6128.9+2.3
Financial Services223.3221.5-1.8
Real Estate139.0142.6+3.6
Professional & Business Services128.0128.7+0.7
Health Care138.3136.7-1.6
Hospitality & Tourism158.2158.2+0.0
Other Activity142.7142.4-0.3
Midland Composite125.8127.7+1.9

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 April 20262024202520262025-2026 % Change
Permian Basin Rig Count317290242-16.62%
WTI Oil Price$85.44$63.54$100.32+57.88%
Henry Hub Natural Gas$1.60$3.42$2.77-19.01%
Housing Permits19416464-60.98%
Average Housing Permit Value$201,498$204,830$346,977+69.40%
Airline Boardings61,78163,11355,989-11.29%
Hotel Receipts$13,429,751$14,254,546$13,187,073-7.49%
Employment (Seasonally Adjusted)124,400128,200128,800+0.47%
Unemployment Rate2.90%2.99%+3.14%N/A
Midland Index (2021=100)126.0124.6123.8N/A