Midland Economic Indicators
| Midland MSA Economic Index June 2025 | |||
|---|---|---|---|
| Industry | June 2025 | July 2025 | % Change |
| Energy | 113.2 | 112.5 | -0.7 |
| Construction | 201.7 | 176.2 | -25.5 |
| Manufacturing | 137.7 | 138.1 | +0.4 |
| Retail | 127.9 | 129.3 | +1.4 |
| Financial Services | 224.3 | 225.2 | +0.9 |
| Real Estate | 153.4 | 156.5 | +3.1 |
| Professional & Business Services | 129.6 | 130.6 | +1.0 |
| Health Care | 139.0 | 139.7 | +0.7 |
| Hospitality & Tourism | 156.3 | 156.6 | +0.3 |
| Other Activity | 142.5 | 141.6 | -0.9 |
| Midland Composite | 123.6 | 122.8 | -0.8 |
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 July 2025 | 2023 | 2024 | 2025 | 2024-2025 % Change |
| Permian Basin Rig Count | 337 | 305 | 264 | -13.26% |
| WTI Oil Price | $76.07 | $81.80 | $68.39 | -16.39% |
| Henry Hub Natural Gas | $2.55 | $2.07 | $3.20 | +54.59% |
| Housing Permits | 80 | 131 | 121 | -7.63% |
| Average Housing Permit Value | $230,070 | $199,082 | $201,855 | +1.39% |
| Airline Boardings | 61,969 | 70,312 | 70,264 | -0.07% |
| Hotel Receipts | $11,409,523 | $11,957,663 | $13,984,638 | +16.95% |
| Employment (Seasonally Adjusted) | 120,300 | 123,800 | 127,100 | +2.67% |
| Unemployment Rate | 2.80% | 2.95% | 2.94% | N/A |
| Midland Index (2021=100) | 122.8 | 125.2 | 122.8 | N/A |
