Midland Economic Indicators
| Midland MSA Economic Index January 2026 | |||
|---|---|---|---|
| Industry | December | January | % Change |
| Energy | 110.0 | 110.3 | +0.3 |
| Construction | 167.9 | 139.0 | -28.9 |
| Manufacturing | 135.6 | 135.4 | -0.2 |
| Retail | 127.7 | 129.2 | +1.5 |
| Financial Services | 227.8 | 228.2 | +0.4 |
| Real Estate | 143.6 | 142.6 | -1.0 |
| Professional & Business Services | 131.1 | 134.4 | +3.3 |
| Health Care | 134.2 | 134.6 | +0.4 |
| Hospitality & Tourism | 159.4 | 159.5 | +0.1 |
| Other Activity | 141.7 | 141.4 | -0.3 |
| Midland Composite | 120.0 | 119.8 | -0.2 |
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 January 2026 | 2024 | 2025 | 2026 | 2025-2026 % Change |
| Permian Basin Rig Count | 309 | 303 | 244 | -19.30% |
| WTI Oil Price | $74.15 | $75.75 | $60.04 | -20.73% |
| Henry Hub Natural Gas | $3.18 | $4.13 | $7.72 | +86.92% |
| Housing Permits | 50 | 121 | 62 | N/A |
| Average Housing Permit Value | $312,141 | $230,945 | $302,981 | +31.19% |
| Airline Boardings | 66,397 | 61,511 | N/A | N/A |
| Hotel Receipts | $11,024,665 | $11,703,231 | $12,175,565 | +4.04% |
| Employment (Seasonally Adjusted) | 125,100 | 127,000 | N/A | N/A |
| Unemployment Rate | 2.74% | 2.96% | N/A | N/A |
| Midland Index (2021=100) | 122.4 | 123.5 | 119.8 | N/A |
