News

The Oklahoma City Water Utilities Trust (OCWUT) has again earned the highest possible ratings from S&P Global Ratings (Standard & Poor’s) and Moody’s, two of the nation’s most respected financial rating agencies.

For more than a decade, the Greater Oklahoma City Chamber has organized a delegation from Oklahoma City to exhibit at the annual ICSC RECon conference in Las Vegas. With nearly two million square feet of exhibit space and 37,000 attendees, RECon is the largest retail conference in North America.

As Oklahomans open a can or bottle of their favorite cold one this Memorial Day, a new economic impact survey shows just how much support the industry provides.

One look at the Costco parking lot and you can see that retail is an economic driver – from the development and purchase of real estate to job creation and the increase in sales tax revenue. The majority of Oklahoma City’s general operating fund is dependent on sales tax revenue; it’s how we fund core services such as police, fire, street repair, parks and public transit.

A group of hamburger enthusiasts are bringing a small, yet mighty, new concept to the Plaza District.

For the month of March, the unemployment rate in the Oklahoma City MSA fell to 3.0 percent. This represents the 5th-lowest unemployment rate in country among major metros.

Oklahoma City’s retail market continues to experience success, both in recruiting national retail chains to locate in Oklahoma City and in organically producing a distinctive local retail culture. With the goal to further that success—and boost the city’s retail sales tax collections—a delegation from the Chamber and the City of Oklahoma City will attend the International Council of Shopping Centers’ RECon conference May 19-22 to connect with more than 36,000 retailers, business owners and developers in Las Vegas.

On May 16, retail giant Costco will officially open their first store in the Oklahoma City market. The store will be located near Kilpatrick Turnpike and Western Ave., and feature more than 160,000 square feet.