Okla. makes history with Jan. collections
OKLAHOMA CITY—State leaders announced that Oklahoma has made history for the month of January.
For the first time, gross receipts in January exceeded $1 billion.
Income tax withholdings topped $268 million with sales reaching $365 million.
Receipts from all sources grew by 1.4 percent from 2012 and collections over the past year are also up 3.2 percent.
State Treasurer Ken Miller also cited the state’s unemployment rate, which holds steady at 5.1 percent, compared to the national rate of 7.9 percent.
In addition to the good news on the economy, experts predict that the state will continue to see growth.
The latest Business Conditions Index for Oklahoma shows that the state is among the best performing economies in the region and is expected to continue the upward trend.