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 Economic Indicators 

ECONOMIC INDICATORS
2007 YEAR TO DATE

CITY OF MIDLAND
Population = 104,765

 

Residential Permits

Residential Valuations

Commercial Permits

 

2008 Totals        

2007 Totals

536 $62,695,657

64 

$189,555,988 

2006 Totals

467

$60,127,398

54

$44,787,440

2005 Totals

392

$47,547,406

34

$32,635,493

2004 Totals

287

$37,394,566

32

$46,273,623

2003 Totals 

267

$31,567,892

28

$19,790,935

2002 Totals

245

$24,389,490

35

$14,093,675

2001  Totals

170

$18,670,935

37

$12,956,034

Source: City of Midland, Monthly Building Permits Report
Updated: 3/2008

MIDLAND COUNTY
Population
= 124,380

 

LABOR FORCE

EMPLOYED

UNEMPLOYMENT RATE

2008 Average 75,267  73,115  2.9% 
2007 Average 71,440 69,353 2.9%

2006 Average

70,525

68,141

3.4%

2005 Average

65,277

62,715

3.9%

2004 Average

64,915

62,527

3.7%

2003 Average

64,301

61,491

4.5%

2002 Average

61,738

59,070

4.3%

2001 Average

59,978

57,992

3.3%

Source: Texas Workforce Commission - Labor Market Information Department
Updated: 04/2008

 

Permian Basin WDA
Population = 239,200 (Estimated 1/1/03 - Claritas)
*Information prior to January 2005 reflects the ODESSA/MIDLAND MSA

 

LABOR FORCE

EMPLOYED

UNEMPLOYMENT RATE

2008 Average 205,561 198,402 3.5%
2007 Average 196,659 189,907 3.4%

2006 Average

194,732

186,939

4.0%

2005 Average

184,983

176,195

4.7%

2004 Average

128,373

122,274

4.8%

2003 Average

127,605

120,427

5.7%

2002 Average

124,076

116,845

5.8%

2001 Average

118,630

113,659

4.2%

Source: Texas Workforce Commission - Labor Market Information Department
Updated: 04/2008
 

MIDLAND INTERNATIONAL AIRPORT (MAF)
ENPLANEMENTS

2008 Total

2007 Total 491,502

2006 Total

473,851

2005 Total

446,937

2004 Total

414,522

2003 Total

394,367

2002 Total

406,334

2001 Total

440,014

Source: City of Midland
Prepared by: Midland Chamber of Commerce, Economic Development Division
Updated:2/08

 


Midland Development Corporation
109 North Main  |  Midland, Texas 79701  |  800.624.6435  |  432.683.3381
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