Behind The Headlines

On November 19, 2008, the Tulsa World ran an article on the front page which had the heading “Expert: Slowdown to hit Tulsa harder”. After reading the first two paragraphs of the article, a reader would probably believe the Tulsa area is heading toward economic collapse.
Yet, if one continued to read further and studied the statistics table accompanying the article, it was clear the economic outlook for this area during next year is forecast to be quite good. While the rate of growth was forecast to slow slightly in most major categories, only one indicator, Nonfarm employment growth, was expected to decline and that by only .1%.
If you have questions about our current housing market, please do not rely on headlines from the media. Check the statistics or contact me at slaunchbaugh@cbtulsa.com.