The Seven Key Industries in Tulsa’s Future Economy
Despite national and state-level financial woes, Tulsa has enjoyed an “economic resurgence” over the last two years, writes Cynthia Kincaid for Area Development, a magazine about corporate relocation and site selection.
Unemployment is low, home values and education are steady, and tax collections are up, Kincaid writes. She credits much of the city’s economic success to Tulsa’s Future, a public-private economic plan led by the Tulsa Metro Chamber that’s funded by investors, cities, counties and American Indian tribes.
Business, civic and tribal leaders have identified seven industries that show the greatest potential for growth.
Industries with the greatest growth potential in Tulsa, according to Area Development:
- Advanced manufacturing
- Professional services
- Information security
“Information security is a new target for us,” Jim Fram the Chamber’s senior vice president of economic development tells the magazine. “The University of Tulsa has one of the top information security programs in the country, and we found that companies from the Washington, D.C., and Virginia area were coming in and recruiting. So we’ll be doing some marketing in those areas to try to lure some of those companies closer to where the source of their workers happens to be.”