Numbers You Need – March 2009

Numbers You Need is a monthly publication from OK Policy that presents key data on the state’s economy, work force, human services, and budget in one concise easy-to-read fact sheet.

March’s edition of Numbers You Need provides further evidence of the deteriorating economic situation in Oklahoma. The state’s seasonally-adjusted unemployment rate hit 5.0 percent in January, up from 4.6 percent in December. Building permits issued in the final quarter of 2008 were down 44 percent compared to 2007, with the three month total representing the lowest level of activity since at least 1995. Meanwhile, state revenue collections in February fell steeply for the second straight month, coming in 21.6 percent below last year’s amount and 30.4 percent below the certified estimate.

Some other key findings in March’s edition:

  • The number of Oklahomans receiving Food Stamps rose for the ninth consecutive month in December;
  • An average of 4,881 initial claims for Unemployment Insurance benefits were filed in January, an increase of 149 percent compared to September 2008; and
  • The Consumer Price Index rose by 0.4 percent in January, reversing three straight months of declining prices.

Click here to access the full two-page fact sheet.

picture12

ABOUT THE AUTHOR

Former Executive Director David Blatt joined OK Policy in 2008 and served as its Executive Director from 2010 to 2019. He previously served as Director of Public Policy for Community Action Project of Tulsa County and as a budget analyst for the Oklahoma State Senate. He has a Ph.D. in political science from Cornell University and a B.A. from the University of Alberta. David has been selected as Political Scientist of the Year by the Oklahoma Political Science Association, Local Social Justice Champion by the Dan Allen Center for Social Justice, and Public Citizen of the Year by the National Association of Social Workers.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.