Oklahoma City Economy
The economy of Oklahoma City, once a regional center of government and energy exploration, has diversified to include the sectors of information technology, services, health services and administration. The city has two Fortune 500 companies: Devon Energy and Chesapeake Energy and several others in the Fortune 1000 and a number of private large companies. Devon Energy revealed plans in August 2008 for a new 925-foot tall, 1.9 million square foot headquarters building in downtown Oklahoma City. The city is also home to the corporate headquarters of Sonic Drive In, located in Bricktown. Other large employers in Oklahoma City include Tinker Air Force Base, the Federal Government, Dell, AT&T, Boeing, Xerox, United Parcel Service, Cox, and the state of Oklahoma.
According to the Oklahoma City Chamber of Commerce, the metropolitan area's economic output grew by 33 percent between 2001 and 2005 due chiefly to economic diversification. Its gross metropolitan product totaled $43.1 billion in 2005.
In 2008 Forbes Magazine named Oklahoma City the most "recession proof city in America". The magazine reports that the city has falling unemployment, one of the strongest housing markets in the country and solid growth in energy, agriculture and manufacturing.
Source: Wikipedia