Oklahoma – Governor Kevin Stitt is praising what he calls a strong showing for Oklahoma’s economy, pointing to new data that highlights increased revenue, job creation, and low unemployment across the state.
“This is what happens when you keep your fiscal house in order,” said Stitt in a statement. “Because we’ve cut taxes, reined in wasteful spending, and resisted the urge to grow government, Oklahoma is thriving.”
According to the governor’s office, Oklahoma’s 12-month tax revenue reached $16.92 billion—an increase of $38.6 million over the previous year. With the state’s Constitutional Reserve Fund now filled to capacity, an additional $23.3 million has been deposited into the Revenue Stabilization Fund, a move officials say further boosts Oklahoma’s long-term financial security.
The positive revenue news follows another recent win for the state: a credit rating upgrade from S&P Global Ratings. Earlier this year, the agency raised Oklahoma’s rating from “AA” to “AA+,” the highest level the state has achieved in decades.
In addition to strong revenue, Oklahoma’s job market remains one of the best-performing in the country. The unemployment rate currently sits at 3.1%, well below the national average of 4.2%, and state officials report steady employment growth across multiple sectors.
“What we’re seeing is proof that Oklahoma’s economy is booming and that conservative principles work,” Stitt said. “We’ve built an Oklahoma where businesses want to invest, families want to grow, and job creators can chase the American Dream.”
The governor’s office continues to frame the economic numbers as validation of its fiscal policies, which include tax cuts and efforts to limit the size and scope of government.
