Oklahoma

Oklahoma:  The Business Conditions Index for Oklahoma rose to a very healthy 62.6 from 58.6 in March. Components of the leading economic indicator for April were new orders at 59.3, production or sales at 53.8, delivery lead time at 83.4, inventories at 54.0, and employment at 63.0. “Second only to North Dakota, Oklahoma’s growth continues uninterrupted and very positive.  Our survey indicates no change to that growth in the months ahead.  Despite healthy economic activity, firms in the state are not adding to the hourly work-week of current employees.  Instead, firms are adding new workers.  Durable goods producers especially those linked to energy and international markets, such as metal manufacturers, are experiencing solid growth,” said Goss.