Midland Market Report 2012

MARKET REPORT 2012
midland
http://recenter.tamu.edu
2012 Texas Metro Market Overview
Midland
Table of Contents
Introduction.............................................................................................. 1
MSA Map................................................................................................. 2
Demographics......................................................................................... 3
Education................................................................................................ 9
Employment.......................................................................................... 10
Economy............................................................................................... 18
Infrastructure......................................................................................... 19
Multifamily.............................................................................................. 22
Housing................................................................................................. 23
Hotel...................................................................................................... 29
Office..................................................................................................... 30
Real Estate Center................................................................................ 31
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available. For more current information about this Metropolitan Statistical Area (MSA) or any of the other Texas MSAs,
please go to http://recenter.tamu.edu/newstalk/.
-i-
Midland
Quick Facts
MSA Land Area (2009 definition)
901.97 square miles
2010 Population Density
151.7 people per square mile
Counties
Midland
Area Cities and Towns
Midland
Sources: U.S. Census Bureau and Real Estate Center at Texas A&M University
Microsoft product screen shot reprinted with permission from Microsoft Corp.
-1-
Midland
MSA Map
Metropolitan Statistical Areas (MSAs)

DALLAM
SHERMAN
HANSFORD
OCHILTREE
LIPSCOMB
HARTLEY
MOORE
HUTCHINSON
ROBERTS
HEMPHILL
GRAY
WHEELER
POTTER
CARSON
RANDALL
ARMSTRONG
OLDHAM
DONLEY
DEAF SMITH
PARMER
CASTRO
SWISHER
BAILEY
LAMB
HALE
BRISCOE
COLLINGSWORTH
HALL
CHILDRESS
HARDEMAN
COCHRAN
LUBBOCK
TERRY
LYNN
COTTLE
MOTLEY
DICKENS
CROSBY
GARZA
KENT
STONEWALL
GAINES
ANDREWS
EL PASO
LOVING
WINKLER
DAWSON
HOWARD
MARTIN
17 16
ECTOR
SCURRY
BORDEN
MITCHELL
CULBERSON
WARD
CRANE
MIDLAND
UPTON
NOLAN
REAGAN
IRION
REEVES
COKE
18
RUNNELS
TOM GREEN
SCHLEICHER
PECOS
ERATH
JOHNSON
COLEMAN
COLLIN
HAMILTON
SAN SABA
MENARD
CROCKETT
VAL VERDE
KERR
EDWARDS
HAYS
REAL
KENDALL
BANDERA
KINNEY
UVALDE
MEDINA
ZAVALA
DIMMIT
GUADALUPE
Prepared by the Labor Market and Career Information Department, TWC

Edited by Real Estate Center at Texas A&M University
-2-
MADISON
GRIMES
WASHINGTON
AUSTIN
WALLER
FAYETTE
DE WITT
BEE
REFUGIO
ARANSAS
JIM
WELLS
NUECES
KLEBERG
JIM HOGG
STARR
10
BROOKS
15
HIDALGO
KENEDY
WILLACY
CAMERON
LIBERTY
CALHOUN
MATAGORDA
BRAZORIA
ORANGE
JEFFERSON
CHAMBERS
FORT BEND
JACKSON
VICTORIA
JASPER NEWTON
HARDIN
MONTGOMERY
HARRIS
23
TYLER
SAN
JACINTO
GALVESTON
SAN PATRICIO
DUVAL
POLK
WALKER
BRAZOS
BASTROP
SABINE
TRINITY
BURLESON
GOLIAD
WEBB
ZAPATA
SAN
AUGUSTINE
ANGELINA
WHARTON
MCMULLEN
12
SHELBY
HOUSTON
ROBERTSON
KARNES
PANOLA
NACOGDOCHES
LEON
LEE
LIVE OAK
14. Lubbock
15. McAllen-Edinburg-Mission
16. Midland
17. Odessa
18. San Angelo
19. San Antonio-New Braunfels
20. Sherman-Denison
21. Texarkana
22. Tyler
23. Victoria
24. Waco
25. Wichita Falls
ANDERSON
GONZALES
WILSON
HARRISON
CHEROKEE
LAVACA
ATASCOSA
GREGG
FREESTONE
COLORADO
19
22 13
LIMESTONE
BELL
CALDWELL
FRIO
LA SALLE
CASS
MARION
RUSK
COMAL
BEXAR
MAVERICK
TRAVIS
BLANCO
MORRIS
UPSHUR
SMITH
VAN ZANDT
NAVARRO
WILLIAMSON
KIMBLE
WOOD
KAUFMAN
ELLIS
MILAM
LLANO
GILLESPIE
CAMP
RAINS
FALLS
BURNET
MASON
BREWSTER
11
LAMPASAS
HOPKINS
ROCKWALL
MCLENNAN
CORYELL
CONCHO
BOWIE
FRANKLIN
TITUS
HUNT
DALLAS
24
BROWN
21
RED RIVER
DELTA
HENDERSON
BOSQUE
MILLS
SUTTON
1. Abilene
2. Amarillo
3. Austin-Round Rock-San Marcos
4. Beaumont-Port Arthur
5. Brownsville-Harlingen
6. College Station-Bryan
7. Corpus Christi
8. Dallas-Fort Worth-Arlington
9. El Paso
10. Houston-Sugar Land-Baytown
11. Killeen-Temple-Fort Hood
12. Laredo
13. Longview
TARRANT
LAMAR
FANNIN
SOMERVELL
COMANCHE
TERRELL
PRESIDIO
DENTON
PALO PINTO
EASTLAND
TAYLOR
MCCULLOCH
JEFF DAVIS
WISE
HOOD
CALLAHAN
COOKE
HILL
STERLING
GLASSCOCK
HUDSPETH
FISHER
MONTAGUE
PARKER
SHACKLEFORD
STEPHENS
20
GRAYSON
CLAY
JACK
THROCKMORTON YOUNG
HASKELL
JONES
25
ARCHER
BAYLOR
KNOX
KING
WICHITA
WILBARGER
FOARD
14
HOCKLEY
YOAKUM
FLOYD
Midland
Demographics
Midland MSA Population
Population
Percent
Change
Year
Population*
1999
117,621
2000
116,009
-1.4
2001
116,043
0.0
2002
117,401
1.2
2003
118,757
1.2
2004
120,014
1.1
2005
121,371
1.1
2006
124,380
2.5
2007
126,408
1.6
2008
129,494
2.4
2009
132,316
2.2
2010
136,872
3.4
Select Area Cities

City
Midland
2000
2010
Growth 20002010
(in percent)
94,996
111,147
17.0
Source: U.S. Census Bureau
Households by Type
2010
Midland MSA
Average household size
*July 1 population estimates, except 2000 and

2010
2.66
2.75
Households with individuals under 18 years
38.0%
38.9%
Households with individuals 65 years and over
21.2%
21.2%
Texas
Distribution by Race and Hispanic or Latino Origin

(in percent)
Midland MSA
Texas
76.9
70.4
Black or African American
6.6
11.8
Asian
1.3
3.8
White
American Indian and Alaska Native

Other
Two or more races
Hispanic or Latino (of any race)
Source: U.S. Census Bureau 2010
-3-
0.7
0.7
12.0
10.5
2.4
2.7
37.7
37.6
Midland
Texas Metropolitan Statistical Area

Population Growth Forecast, 20102030
Laredo
McAllen-Edinburg-Mission
Austin-Round Rock-San Marcos
Sherman-Denison
Brownsville-Harlingen
Dallas-Fort Worth-Arlington
El Paso
San Antonio-New Braunfels
Houston-Sugar Land-Baytown
Texas
Killeen-Temple-Fort Hood
College Station-Bryan
Corpus Christi
Amarillo
Victoria
Odessa
Tyler
Waco
Midland
Longview
Texarkana
San Angelo
Lubbock
Beaumont-Port Arthur
Wichita Falls
Abilene
0%
10%
20%
30%
40%
50%
Source: Texas Water Development Board (April 2011 projection)
Midland MSA Projected Population

Year
2000
Texas State Data Center

Texas Water
(Scenario 0.5)
Development Board
116,009
116,009
2005
119,813
2010
124,575
124,710
2015
129,479
2020
133,633
134,022
2025
137,094
2030
140,138
140,659
2035
142,872
2040
145,132
145,595
Sources: Texas State Data Center (February 2009 projection) and Texas
Water Development Board (April 2011 projection)
-4-
60%
70%
Midland
Texas Metropolitan Area Population Change

2000
2010
Percent
Change
1,249,763
1,716,289
37.3
569,463
774,769
36.1
Laredo
193,117
250,304
29.6
4,715,407
5,946,800
26.1
1,711,703
2,142,508
25.2
184,885
228,660
23.7
5,161,544
6,371,773
23.4
330,714
405,300
22.6
335,227
406,220
21.2
Tyler
174,706
209,714
20.0
Midland
116,009
136,872
18.0
El Paso
679,622
800,647
17.8
20,851,820
24,304,290
16.6
Lubbock
249,700
284,890
14.1
Odessa
121,123
137,130
13.2
Longview
194,042
214,369
10.5
Amarillo
226,522
249,881
10.3
Waco
213,517
234,906
10.0
Sherman-Denison
110,595
120,877
9.3
Corpus Christi
403,280
428,185
6.2
San Angelo
105,781
111,823
5.7
Texarkana
129,749
136,087
4.9
Metropolitan Area
Texas
Victoria
111,663
115,384
3.3
Abilene
160,245
165,252
3.1
385,090
388,745
0.9
Wichita Falls
151,524
151,306
-0.1
-5-
Midland
2010 Geographic Mobility

Midland MSA
Percentage Moved From:
1 year and over
Total
Population
Same
County
Different
County in
Texas
Different
State
Abroad
134,722
12.7
5.0
0.9
0.3
1 to 4 years
8,439
16.6
10.8
0.0
2.3
5 to 17 years
26,629
16.9
5.9
0.0
0.0
18 to 24 years
14,830
16.5
11.4
5.0
0.0
25 to 34 years
19,014
22.2
6.6
0.8
0.7
35 to 44 years
16,706
11.5
3.2
0.4
0.0
45 to 54 years
19,155
9.4
2.1
0.2
0.0
55 to 64 years
15,066
4.6
1.9
0.4
0.0
65 to 74 years
7,424
1.4
1.0
0.9
0.4
75 years and over
7,459
0.8
1.1
0.8
0.0
Source: American Community Survey 2010
-6-
Midland
2010 Texas Metropolitan Area Geographic Mobility

Total
Population*
Metropolitan Area
Percentage
Migrated**
226,662
14.7
San Angelo
110,919
14.2
400,377
13.3
Amarillo
248,476
10.0
Wichita Falls
151,024
9.8
1,703,922
9.7
Lubbock
284,989
9.4
Longview
211,925
9.0
Abilene
163,057
8.9
Corpus Christi
421,953
7.3
24,899,075
6.9
Tyler
207,381
6.9
384,923
6.8
6,314,454
6.5
2,129,546
6.4
Midland
134,722
6.2
Texarkana, Tex.-Texarkana, Ark.
134,686
6.1
El Paso
794,075
6.0
Victoria
113,088
5.8
Odessa
134,841
5.8
5,887,484
5.6
Waco
233,411
5.5
Sherman-Denison
119,877
5.1
Laredo
247,153
3.6
765,385
3.3
401,527
2.5
Texas
*Population includes one year and over

**Percentage migrated includes those moving from a different county
within the same state, from a different state and from abroad
-7-
Midland
Interstate and Cross-Border
2011 Migration Patterns traffic flow by state/province

Based on 80,289 Interstate Household Goods Moves from January 1, 2011 through December 31, 2011
Patterns
STATES
bound
Outbound
1,247
1,064
1,100
1,231
1,291
1,289
1,336
1,414
1,160
1,165
1,109
1,126
939
974
1,008
1,004
1,101
1,014
933
856
ARKANSAS
YUKON
Year
TERRITORY
0
0
2011
2010
2009
2008
2007
2006
2005
2004
2003
ALASKA
105
2002
169
CONNECTICUT
Inbound
Outbound
494
481
513
605
706
744
762
714
646
610
BC 572
285
182 477
437
586
641
631
WA
2604
686
2752
610
OR
663
503
786
526
ES
Year
2011
AB
304
2010
231
2009
2008
2007
2006
2005
MT
217
2004
204
2003
ID
454
WY
2002 254
399
ARKANSAS
CALIFORNIA
Outbound
Year
bound
Outbound
2011
169 1,109 105
1,126
2010
182
94
2009
170 939
126
2008
183 974
123
2007
218 1,008
143
2006
192 1,004
138
2005
171 1,101 STATE
121
2004
159 1,014Outbound
107
Inbound
2003
198 933
75
2002
231 856
115
CA
6758
7803
UT
580
466
CO
KS
1207
975
684
629
ON
878
602
OH
2876
1890
3,386
3,702
QC
2,855
3,036
248
182
2,740
2,533
3,213
3,128
NB
14 3,178
3,710
14
ME
NS
4,289 333 3,405
355
4,302
3,530
VT
4,290
3,492
NH
NY
3702
MA
3,753
3,522
2679
CT
RI
3,652
3,689
2653
PA 2190
WV
VA
281
3416
229
4295
GEORGIA
MO
HAWAII
1036
1511
N
J
DE
MD
DC
KY 1030
2011
334
AR
572
2010
306
494
MS
552
2009
316
510
LA
1165
2008
385
920
2007
400
2006
277
2005
326
2004
393
2003
365
2002
304
TN
ILLINOIS
NL
15
Outbound
17
Inbound
2011
2010
2009
2008
2007
2006
2005
2004
2003
MI
1720
2002
1644
IN
1809
1221
IL
3367
2442
InboundInbound
Outbound
Year
1149
Year
Outbound
OK
2011 AZ 2011946
2011494 7,803 572 6,758
252 1,216
NM
966
632
1008
2206
481
477
2010
1,009
1,160
2010
7,160
6,529 20562010 851
230
HAWAII
2009 2009801
2009513
6,526 437 6,188
221 1,230
151
TX
112
2008 2008
1,012
1,307
2008605 7,705 586 6,834
296 5663
7861
2007 2007
1,353
2007706 8,530 641 8,064
338 1,391
2006 2006
1,270
2006744 8,485 631 9,407
302 1,541
Inbound More than 55% of total shipments moving into the state (subtotal on bottom).
762 8,599 686 10,287
2005 2005
1,342
2005
353 1,583
Outbound More than 55% of total shipments moving out of the state (subtotal on top).
714 8,542 610 9,762
2004 2004
1,343
2004
377 1,742
Balanced Inbound and outbound individually represent 55% or less of total shipments.
646 7,922 503 8,959
2003 2003
1,264
2003
363 1,549
2002 2002
1,368
2002610 8,288 526 8,606
292 1,491
TH DAKOTA CALIFORNIA
OREGON
COLORADO
Year
1,216
MB 1,160
67
37
1,230
1,307
1,391
1,541
1,583
MN1,742
1230
8801,549WI
971
710
1,491
IA
NE
522
401
2082
CONNECTICUT
DELAWARE
2403
InboundInbound
Outbound
Year
Year
Outbound
Outbound
946
SK
1,009
31
19 801
1,012
1,353
1,270
1,342ND
1,343164
210
1,264SD
215
1,368183
213
NV
755
703
GEORGIA
Inbound
Year
Inbound
2011
2010
2009
2008
2007
2006
2005
NS
73
2004
39
2003
DE
CT
334
1216 2002
252
946
DC
265
591
MD
1863
2552
MA
NH
2,442
2,252
2,140
2,897
3,273
3,582
3,888
3,644
3,373
3,422
267
1794
ILLINOIS
INDIANA
267
1365
2575
RI
NJ Year
Inbound
Outbound
Year 1987
Inbound
Outb
Year
Inbound
Outbound
Inbound
NC 3975
277
1485
2016
SC
3,386 1893
2011
112 3,702
1758
GA
2,855
AL
20103702
75 3,036
1109
3386
2,740
1247
2009
98 2,533
3,213
2008
169 3,128
FL
3,710 5269170 3,178
2007
5636
4,289
2006
294 3,405
4,302
2005
258 3,530
4,290
2004
265 3,492
3,753
2003
308 3,522
3,652
2002
356 3,689
SOUTH CAROLINAHAWAII
DELAWARE
IDAHOTEXAS
FLORIDA
419
20111435VT
2,442
151
2011
146
2010
2,252
95
2010
140
2009 2009
2,140
82
2008 2008
2,897
176
2007 2007
3,273
274
2006 2006
3,582
252
2005 2005
3,888
296
2004 2004
3,644
270
2003 2003
3,373
273
2002 2002
3,422
249
1,221 3
1,165
1,086
1,302
1,329
1,594
1,712
1,721
1,522
1,528
INDIANA
IOWA
r Outbound
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
InboundInbound
Outb
bound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
Inbound
Outbound
Year
11
2,056
10
1,798
09
2,101
08
2,371
07
2,811
06
3,091
05
3,570
04
3,616
03
3,044
02
2,803
210 2,206
786 2,082
105
2011164
7,8032011
2011663
2011
2,403 6,758
20112522011
5,636
208
170
2010
658
592
94 1,942
2010 20102302010
2010 2010
7,160 2,285 6,529 2,142
5,083
218 2,072
721 1,908
126
2009 598
2009 290
6,5262009
2009
2,271 6,188
20092212009
4,847
207 2,413
987 2,063
123
2008 682
2008 253
7,7052008
2008
2,552 6,834
20082962008
5,277
193 2,582
1,026 2,049
143
2007 818
2007 143
8,5302007
2007
2,697 8,064
20073382007
5,842
169 2,864
1,239 2,210
138
2006 721
2006 120
8,4852006
2006
2,961 9,407
20063022006
6,716
166 3,058
1,421 2,120
121
2005 799
2005 133
8,5992005
2005
2,95310,287
20053532005
8,579
188 2,771
1,298 1,940
107
2004 994
2004 142
8,5422004
2004
2,753 9,762
20043772004
9,069
201 2,395
1,118 2,167
75
2003 967
2003 106
7,9222003
2003
2,483 8,959
20033632003
8,081
148 2,435
1,198 2,002
115
2002 937
2002 166
8,2882002
2002
2,565 8,606
20022922002
7,176
1,758
1,893
5,663
334 5,269
2011
151 454
2011
1,221 629 1
20111122011399 7,861
2011
1,592
1,642
2010
7,248
5,322
306 5,360
2010 2010 75
2010 2010
1,165
347 95
373
562
1,368
316 5,419
20091,337
82
20094,773
1,086
2009 982009346 6,833
432
2009
562
1,825
385 6,367
20081,538
176
20086,442
1,302
20081692008364 8,629
470
2008
650
2,023
400 7,033
20071,757
274
20076,665
1,329
20071702007499 8,831
510
2007
707
2,087
277 7,994
20061,710
252
20066,812
1,594
20062942006682 9,714
539
2006
681
2,092
326 8,256
20051,856
296
20057,210
1,712
20052582005790 9,525
467
2005
697
1,909
393 7,180
20041,780
270
20047,442
1,721
20042652004634 8,644
410
2004
636
1,637
365 6,036
20031,526
273
20036,920
1,522
20033082003520 8,075
438
2003
561
1,414
2002487
7,723
6,778
304 5,859
20021,385
2002
1,528
24955% of 525
2002356
2002
Inbound
More than
total
shipments
moving
into the 589
state (
Inbound More than 55% of total shipments moving into the state (subtotal on bottom).
Outbound More than 55% of total shipments moving out of the sta
e than 55% of total shipments

moving into the
state (subtotal on Outbound
bottom). FLORIDA
More than 55% of total
shipments
moving out of IDAHO
the state (subtotal on UTAH
top).
Balanced
Inbound and outbound
individually represent 55% or less
O
SOUTH
DAKOTA
PENNSYLVANIA
IOWA
COLORADO
r Outbound
Outbound
Year
Inbound
Inbound
Year
Year movingInbound
Year andInbound
Outbound
Year
ore
thanInbound
55% of total shipments
out of the
stateOutbound
(subtotal
on top). Outbound
Balanced
Inbound
outboundYear
individually
represent 55% orOutbound
less of totalInbound
shipments.
11
1,890
2,876 2,4032011 2,082
2,190
2,206
2011
ound and outbound individually represent 55% or less of total shipments.
10
1,819
2,192
1,942
20102,682 2,2852010
2,142
09
1,824
1,937
2,072
20092,492 2,2712009
1,908
08
2,131
2,328
2,413
20083,339 2,5522008
2,063
07
2,345
2,652
2,582
20073,841 2,6972007
2,049
06
2,677
2,890
2,864
20063,755 2,9612006
2,210
2,653
2011
20102,496
20092,210
20082,800
20072,866
20063,103
5,6362011
5,0832010
4,8472009
5,2772008
-8
5,8422007
6,7162006
183
5,269
179
5,360
186
5,419
220
6,367
- 7,033
185
205
7,994
2011215
2010 206
2009 295
2008 238
2007 214
2006 244
Inbound
Outbound
3992011
3472010
3462009
3642008
4992007
6822006
466
454
428
373
478
432
512
470
596
510
733
539
Outbound
Year
Inbound
2011580
2010 448
2009 503
2008 552
2007 630
2006 658
629
562
562
650
707
681
Outb
Midland
Education
Educational Attainment, Persons Age 25 and Older
(in percent)
Level of Education
Midland MSA
Texas
High school graduate or higher
80.4
80.7
Bachelors degree or higher
20.3
25.9
Local College and University Enrollment, Fall Semester

School
2007
2008
2009
2010
2011
Midland College
5,720
5,784
6,220
6,344
6,061
Source: Texas Higher Education Coordinating Board
-9-
Midland
Employment
Top Employers
Midland
Employer
Category
Employees
Midland ISD
Education
3,000
Midland Memorial Hospital
Health Care
1,500
City of Midland
Government
980
Midland College
Education
800
Midland County
Government
624
Pioneer Natural Gas Resources USA
Oil and Gas
600
Texas Health & Human Services
Call Center
500
Key Energy Services Inc.
Oil and Gas
480
Basic Energy Services
Oil and Gas
476
Warren Equipment Companies
Holding CompanyManufacturing
464
Source: Midland Economic Development Corporation, October 2010
Top Ten Private Employers

Midland
Employer
Category
Midland Memorial Hospital
Health Care
1,500
Pioneer Natural Gas Resources USA
Oil and Gas
600
Key Energy Services Inc.
Oil and Gas
480
Basic Energy Services
Oil and Gas
476
Warren Equipment Companies
Holding CompanyManufacturing
464
Chevron
Oil and Gas
400
Concho Resources
Oil and Gas
380
Plains Marketing LP
Oil and Gas
329
Ameritox Lab LLC
Pharmaceutical Monitoring
285
Conoco Phillips Mid-Continent Business Unit
Oil and Gas
212
Source: Midland Economic Development Corporation, October 2010
- 10 -
Employees
Midland
Midland MSA
December 2011
(Midland)
Industry Composition
Wages by Industry (in millions)
Mining, Logging, and Construction
11%
2nd Quarter 2011

$18.0
$31.8
Manufacturing
23%
4%
Trade, Transportation, and Utilities

Information
10%
$92.7
$363.0
$63.0
Financial Activities
4%
Professional and Business Services
$115.8
Education and Health Services
10%
Leisure and Hospitality
20%
11%
5%
$46.5
Other Services
2%
$11.1
Government
Employment by Industry
Annual Change
Monthly Change
$160.9
$42.4
Industry Size Class

Size
Class
Employees
per firm
June 2011
Number
of Firms
Employment
% Total
in Size Class Employment
Dec-11
Nov-11
Dec-10
Actual
Actual
Total Nonfarm
71,800
70,800
69,700
1,000
1.4%
2,100
3.0%
1000+
6,157
8.3%
Mining, Logging, and Construction
16,700
16,800
16,100
-100
-0.6%
600
3.7%
500-999
10
7,799
10.6%
Manufacturing
2,700
2,700
2,600
0.0%
100
3.9%
250-499
17
5,506
7.5%
14,500
13,900
13,800
600
4.3%
700
5.1%
100-249
93
13,575
18.4%
Information
1,100
1,100
1,100
0.0%
0.0%
50-99
162
11,220
15.2%
3,400
3,400
3,300
0.0%
100
3.0%
20-49
443
13,380
18.1%
7,700
7,600
7,400
100
1.3%
300
4.1%
10-19
500
6,720
9.1%
7,500
7,400
7,200
100
1.4%
300
4.2%
5-9
799
5,292
7.2%
2,017
4,214
5.7%
285
0.0%
4,329
73,863
100.0%
7,200
7,100
6,900
100
1.4%
300
4.4%
1-4
Other Services
3,000
2,800
2,800
200
7.1%
200
7.1%
Government
8,000
8,000
8,500
0.0%
-500
-5.9%
Total
Annual Growth Rate for Total Nonagricultural Employment

10.0%
8.0%
6.0%
4.0%
2.0%
0.0%
-2.0%
-4.0%
-6.0%
C.L.F.
Midland MSA
Emp. Unemp.
Rate
C.L.F.
Texas (Actual)
Emp. Unemp.
Dec-11
Jun-11
United States (Actual)

C.L.F.
Emp. Unemp.
Rate
Sep-11
Mar-11
Dec-10
Jun-10
Sep-10
Mar-10
Dec-09
Jun-09
Sep-09
Mar-09
Dec-08
Jun-08
Sep-08
Mar-08
Dec-07
Jun-07
Sep-07
Mar-07
Dec-06
Jun-06
Unemployment Information (all estimates in thousands)
Sep-06
Mar-06
Dec-05
Jun-05
Sep-05
Mar-05
Dec-04
Jun-04
Sep-04
Mar-04
Dec-03
Jun-03
Sep-03
Mar-03
Dec-02
Jun-02
Sep-02
Mar-02
Dec-01
-8.0%
-10.0%
Rate
Dec-11
79.5
76.4
3.1
3.9
12,347.3
11,454.7
892.6
7.2
153,373.0 140,681.0
12,692.0
8.3
Nov-11
78.6
75.4
3.2
4.1
12,344.3
11,423.6
920.7
7.5
153,683.0 141,070.0
12,613.0
8.2
Dec-10
77.5
73.9
3.6
4.7
12,191.5
11,215.6
975.9
8.0
153,156.0 139,159.0
13,997.0
9.1
Historical Unemployment Rates

12.0%
Midland MSA
10.0%
Texas
U.S.
8.0%
6.0%
4.0%
Dec-11
Sep-11
Jun-11
Mar-11
Dec-10
Sep-10
Jun-10
Mar-10
Dec-09
Sep-09
Jun-09
Mar-09
Dec-08
Sep-08
Jun-08
Mar-08
Dec-07
Sep-07
Jun-07
Mar-07
Dec-06
Sep-06
Jun-06
Mar-06
Dec-05
Sep-05
Jun-05
Mar-05
Dec-04
Sep-04
Jun-04
Mar-04
Dec-03
Sep-03
Jun-03
Mar-03
Dec-02
Sep-02
Jun-02
Mar-02
0.0%
Dec-01
2.0%
Available at http://www.tracer2.com
Source: Texas Workforce Commission
- 11 -
- 12 -
L A B O R
M A R K E T
R E V I E W
ABILENE
Dec '11*
Nov '11
62,100
62,200
4,600
4,600
2,900
2,900
2,000
2,000
7,800
7,800
1,600
1,600
900
900
3,400
3,400
4,100
4,100
12,800
12,800
6,400
6,400
2,200
2,200
13,400
13,500
COLLEGE STATION BRYAN
Dec '11*
Nov '11
98,000
99,100
6,800
6,900
5,300
5,300
1,700
1,700
11,200
11,100
1,500
1,500
900
1,000
3,400
3,400
6,100
6,100
11,300
11,400
10,200
10,600
3,200
3,200
36,400
36,900
LAREDO
Dec '11*
Nov '11
93,100
93,300
3,800
3,800
900
900
2,700
2,700
13,300
13,200
12,500
12,500
500
500
4,100
4,100
6,800
6,900
15,300
15,400
8,200
8,200
2,400
2,500
22,600
22,600
Dec '10
88,900
3,700
800
2,600
12,300
11,600
600
4,000
6,300
14,500
7,800
2,300
22,400
Dec '10
99,500
6,600
5,100
1,700
11,000
1,400
1,000
3,300
5,900
11,100
10,300
3,100
39,000
Dec '10
65,600
4,400
2,800
2,200
8,200
1,700
1,100
3,600
4,600
13,900
6,800
2,500
13,800
AMARILLO
Dec '11*
Nov '11
113,300
113,600
6,400
6,500
13,500
13,500
5,000
5,000
14,500
14,400
4,400
4,300
1,400
1,400
6,800
6,800
8,500
8,600
16,000
16,100
12,000
12,000
4,700
4,800
20,100
20,200
CORPUS CHRISTI
Dec '11*
Nov '11
188,000
187,700
20,800
20,900
9,500
9,500
5,900
5,800
23,600
23,200
6,500
6,400
1,800
1,800
7,400
7,400
15,400
15,500
31,900
31,900
23,400
23,400
7,000
7,000
34,800
34,900
LONGVIEW
Dec '11*
Nov '11
100,300
98,500
15,400
15,500
11,300
11,200
4,500
4,300
11,500
10,900
3,800
3,700
1,400
1,300
4,000
3,900
8,900
8,800
15,500
15,200
8,200
8,000
3,300
3,200
12,500
12,500
Dec '10
97,600
14,800
10,900
4,200
11,300
3,700
1,500
3,900
8,600
15,200
7,800
3,200
12,500
Dec '10
180,200
20,000
9,300
5,400
20,700
5,800
2,100
7,200
15,200
31,100
20,500
6,800
36,100
Dec '10
111,300
6,100
13,100
4,900
14,200
4,300
1,500
6,700
8,200
15,900
11,600
4,700
20,100
BEAUMONT PORT ARTHUR

Dec '11*
Nov '11
Dec '10
160,300
161,900
160,800
20,700
21,000
20,100
20,500
20,400
19,900
4,800
4,900
4,900
20,100
20,100
19,700
5,500
5,500
5,500
1,400
1,400
1,500
5,600
5,600
5,600
13,800
14,100
13,700
22,700
23,300
23,200
14,100
14,300
14,000
5,400
5,400
5,500
25,700
25,900
27,200
EL PASO
Dec '11*
Nov '11
Dec '10
285,300
284,700
282,600
15,700
15,900
15,300
16,700
16,700
16,800
10,100
10,000
9,900
36,900
36,300
35,200
12,800
12,600
12,500
4,800
4,700
5,000
11,900
11,700
11,500
32,700
32,600
31,300
37,500
37,300
36,100
28,600
28,300
27,600
9,700
9,700
9,400
67,900
68,900
72,000
LUBBOCK
Dec '11*
Nov '11
Dec '10
134,700
134,800
130,300
6,100
6,100
5,900
5,100
5,100
5,000
6,200
6,100
6,000
17,200
17,000
16,300
3,800
3,800
3,600
4,400
4,400
4,400
7,200
7,200
7,000
9,800
10,000
9,400
21,300
21,500
20,400
16,300
16,400
15,700
5,300
5,300
5,200
32,000
31,900
31,400
BROWNSVILLE HARLINGEN
Dec '11*
Nov '11
Dec '10
127,400
127,400
127,900
3,200
3,300
3,100
5,400
5,400
5,400
3,000
3,000
3,000
16,700
16,400
16,300
4,800
4,800
5,100
1,800
1,800
2,000
5,300
5,300
5,100
9,000
9,000
8,900
31,900
31,700
32,200
11,600
11,500
11,700
3,600
3,600
3,600
31,100
31,600
31,500
KILLEEN TEMPLE FORT HOOD
Dec '11*
Nov '11
Dec '10
128,600
129,200
129,800
5,700
5,800
5,600
7,400
7,600
7,600
3,700
3,700
3,800
15,300
15,200
15,400
4,800
4,800
4,900
2,200
2,200
2,300
5,500
5,600
5,600
9,900
10,000
10,000
19,000
19,200
19,500
11,800
11,900
12,000
4,700
4,800
5,000
38,400
38,400
38,300
MCALLEN EDINBURG MISSION
Dec '11*
Nov '11
Dec '10
230,900
224,000
230,500
8,800
8,800
8,600
6,100
6,100
5,900
5,800
5,800
6,200
33,700
33,600
33,300
7,300
7,300
7,200
1,800
1,800
1,900
8,200
8,200
8,000
14,400
14,500
13,600
59,900
60,200
57,800
19,600
19,700
19,200
5,900
6,000
5,800
59,000
58,900
56,500
TEXAS WORKFORCE COMMISSION
Estimates for the current month are preliminary. All estimates are subject to revision. The number of nonagricultural jobs in each MSA is without
reference to place of residence of workers. Estimates produced by the Bureau of Labor Statistics, U.S. Department of Labor are disseminated in cooperation
with the TWC.
INDUSTRY
TOTAL
Mining, Logging, & Constr.
Manufacturing
Wholesale Trade
Retail Trade
Trans., Ware., & Util.
Information
Prof. & Business Services
Educ. & Health Services
Leisure & Hospitality
Other Services
Government
INDUSTRY
TOTAL
Manufacturing
Wholesale Trade
Retail Trade
Information
Other Services
Government
INDUSTRY
TOTAL
Manufacturing
Wholesale Trade
Retail Trade
Information
Other Services
Government
T E X A S
Texas Metropolitan Statistical Areas Nonagricultural Wage and Salary Employment (Not Seasonally Adjusted)
JANUARY 2012

Midland
T E X A S
L A B O R
M A R K E T
R E V I E W
- 13 -
Dec '11*
57,900
2,400
4,100
2,600
7,100
3,100
500
2,600
4,300
9,300
5,700
2,100
14,100
Dec '11*
57,200
3,800
5,200
1,700
7,700
1,900
1,000
2,600
3,500
8,800
5,900
2,500
12,600
INDUSTRY
TOTAL
Manufacturing
Wholesale Trade
Retail Trade
Information
Other Services
Government
INDUSTRY
TOTAL
Manufacturing
Wholesale Trade
Retail Trade
Information
Other Services
Government
MIDLAND
Nov '11
70,800
16,800
2,700
3,500
7,800
2,600
1,100
3,400
7,600
7,400
7,100
2,800
8,000
TEXARKANA
Nov '11
57,700
2,400
4,100
2,600
7,000
3,000
500
2,600
4,300
9,300
5,700
2,100
14,100
WICHITA FALLS
Nov '11
57,500
3,900
5,200
1,700
7,600
1,900
1,000
2,600
3,600
8,900
5,900
2,500
12,700
Dec '10
58,500
3,700
5,100
1,800
7,800
1,900
1,100
2,700
3,600
9,400
5,900
2,700
12,800
Dec '10
57,200
2,300
4,000
2,500
7,100
3,000
600
2,500
4,200
9,200
5,500
2,200
14,100
Dec '10
69,700
16,100
2,600
3,500
7,700
2,600
1,100
3,300
7,400
7,200
6,900
2,800
8,500
Dec '11*
96,500
5,900
6,600
3,100
12,400
3,700
2,000
4,100
9,300
21,600
10,100
3,900
13,800
Dec '11*
63,600
12,700
4,400
4,400
6,500
2,200
500
2,700
4,400
6,100
6,300
3,200
10,200
ODESSA
Nov '11
63,500
12,800
4,400
4,400
6,400
2,200
500
2,700
4,400
6,100
6,300
3,200
10,100
TYLER
Nov '11
96,000
5,900
6,600
3,100
12,200
3,700
2,000
4,100
9,300
21,500
10,000
3,800
13,800
Dec '10
94,100
5,700
6,500
3,100
12,000
3,600
2,100
4,000
8,800
21,100
9,600
3,800
13,800
Dec '10
62,300
12,300
4,300
4,600
6,500
2,200
600
2,600
4,200
5,900
6,000
3,100
10,000
Dec '11*
51,200
7,200
5,600
1,800
7,000
1,400
500
2,200
2,900
7,400
4,300
1,800
9,100
Dec '11*
46,100
3,300
3,800
1,600
5,600
1,100
1,100
2,100
3,500
7,700
4,700
1,800
9,800
SAN ANGELO
Nov '11
46,100
3,300
3,800
1,600
5,600
1,100
1,100
2,100
3,500
7,800
4,700
1,800
9,700
VICTORIA
Nov '11
51,500
7,200
5,600
1,800
7,000
1,400
500
2,200
2,900
7,500
4,300
1,800
9,300
Dec '10
49,400
6,800
5,500
1,700
6,500
1,400
500
2,100
2,700
7,400
4,000
1,700
9,100
Dec '10
45,200
3,200
3,700
1,600
5,600
1,000
1,200
2,100
3,400
7,700
4,700
1,800
9,200
SHERMAN DENISON
Dec '11*
Nov '11
43,500
43,300
2,400
2,400
5,200
5,200
1,100
1,100
6,200
6,100
1,100
1,100
400
400
2,700
2,700
2,600
2,600
8,900
8,900
4,800
4,700
1,500
1,500
6,600
6,600
WACO
Dec '11*
Nov '11
107,800
107,600
6,500
6,500
14,700
14,700
3,700
3,700
10,900
10,800
3,000
3,000
1,200
1,200
6,400
6,300
8,400
8,400
20,700
20,800
9,900
9,800
3,900
3,900
18,500
18,500
Dec '10
106,500
6,200
14,400
3,800
10,700
3,100
1,300
6,300
8,300
20,500
9,700
3,800
18,400
Dec '10
42,400
2,300
5,100
1,100
6,000
1,100
500
2,600
2,500
8,700
4,700
1,400
6,400
Estimates for the current month are preliminary. All estimates are subject to revision. The number of nonagricultural jobs in each MSA is without
reference to place of residence of workers. Estimates produced by the Bureau of Labor Statistics, U.S. Department of Labor are disseminated in cooperation
with the TWC.
Dec '11*
71,800
16,700
2,700
3,600
8,200
2,700
1,100
3,400
7,700
7,500
7,200
3,000
8,000
INDUSTRY
TOTAL
Manufacturing
Wholesale Trade
Retail Trade
Information
Other Services
Government
Texas Metropolitan Statistical Areas Nonagricultural Wage and Salary Employment (Not Seasonally Adjusted)
JANUARY 2012

Midland
M A R K E T
- 14 -
197,600
69,500
277,300
191,400
69,100
276,100
269,200
106,800
162,400
1,785,200
1,509,100
119,900
210,300
74,500
64,200
180,400
344,000
255,300
2,054,400
88,300
87,500
38,300
49,200
699,100
529,400
40,500
87,200
13,600
19,300
43,900
108,800
92,300
88,900
34,900
169,700
GOODS PRODUCING
Mining, Logging, & Construction

Manufacturing
SERVICE PROVIDING
Private Service Providing
Wholesale Trade
Retail Trade
Transportation, Warehousing, and Utilities
Information
Other Services
Government
JANUARY 2012
684,500
513,700
39,900
84,100
13,300
19,600
42,200
108,600
89,300
82,700
34,000
170,800
38,300
47,700
86,000
770,500
726,500
605,400
39,000
107,000
64,300
12,900
53,500
95,400
107,100
94,700
31,500
121,100
55,200
87,900
143,100
869,600
727,300
606,000
38,800
105,200
63,900
12,900
53,100
97,100
108,400
95,100
31,500
121,300
55,100
86,500
141,600
868,900
716,400
5 90,000
38,700
101,800
63,200
13,700
51,300
91,900
108,500
89,600
31,300
126,400
53,100
85,900
139,000
855,400
Dec '10
245,300
98,100
382,100
243,200
98,400
381,300
758,500
599,500
28,400
101,100
20,400
17,100
63,500
97,500
138,200
101,300
32,000
159,000
45,500
46,300
91,800
850,300
Dec '11*
Nov '11
758,900
599,400
28,400
100,000
20,200
17,200
65,300
96,000
138,500
101,600
32,200
159,500
47,900
46,300
94,200
853,100
Dec '10
757,600
593,500
28,300
96,500
20,200
17,900
65,600
101,900
131,200
100,400
31,500
164,100
45,000
44,800
89,800
847,400
Dec '10
234,500
92,400
385,000
475,800
257,100
218,700
2,091,400
1,706,400
132,400
273,400
127,700
31,300
135,400
366,200
313,100
2,567,200
SAN ANTONIO NEW BRAUNFELS
501,400
271,000
230,400
2,142,100
1,760,000
136,600
279,000
124,000
29,600
137,300
385,600
324,500
2,643,500
499,000
268,800
230,200
2,144,000
1,762,700
136,800
280,200
126,300
29,500
137,700
385,900
324,700
2,643,000
Nov '11
HOUSTON SUGAR LAND BAYTOWN

Dec '11*
*Estimates for the current month are preliminary. All estimates are subject to revision. The number of nonagricultural jobs in Texas is without reference to place of residence of workers. Estimates
produced by the Bureau of Labor Statistics, U.S. Department of Labor are disseminated in cooperation with the TWC.
**Metropolitan Division (MD). The Dallas-Fort Worth-Arlington MSA is comprised of the Dallas-Plano-Irving MD and the Fort Worth-Arlington MD.
697,200
525,100
40,300
86,600
13,500
19,300
44,000
107,300
92,400
86,800
34,900
172,100
39,200
49,100
785,500
786,600
Nov '11
FORT WORTH ARLINGTON MD**
199,900
69,500
278,600
268,900
104,400
164,500
1,820,800
1,543,500
122,700
209,700
77,700
61,300
188,300
358,100
258,600
2,089,700
Dec '10
Dec '11*
Nov '11
Dec '10
281,000
100,400
402,500
265,500
102,300
163,200
1,820,400
1,541,800
123,400
211,400
78,500
61,200
188,600
354,500
254,800
2,085,900
Nov '11
DALLAS PLANO IRVING MD**

Dec '11*
AUSTIN ROUND ROCK SAN MARCOS
292,700
101,000
398,600
294,600
101,000
399,700
408,200
159,900
248,300
2,501,600
2,099,100
158,600
312,100
137,700
77,900
231,700
435,900
363,800
2,909,800
Dec '10
Dec '11*
410,500
159,500
251,000
2,548,100
2,149,500
161,500
314,900
141,600
74,200
241,400
455,200
367,000
408,600
157,500
251,100
2,546,900
2,147,200
162,400
318,400
142,800
74,100
242,100
449,900
361,900
GOODS PRODUCING
Mining, Logging, & Construction
Manufacturing
SERVICE PROVIDING
Private Service Providing
Wholesale Trade
Retail Trade
Transportation, Warehousing, and Utilities
Information
Other Services
Government
2,958,600
Nov '11
DALLAS FORT WORTH ARLINGTON

Dec '11*
2,955,500
TOTAL NONFARM
R E V I E W
Largest Four MSAs Nonagricultural Wage and Salary Employment (Not Seasonally Adjusted)
L A B O R
TOTAL NONFARM
T E X A S

Midland
- 15 -
CLF
56,245
44,390
103,650
209,029
437,604
34,207
56,444
30,917
9,565
68,594
40,695
18,991
72,750
24,036
33,619
13,552
47,406
29,111
20,631
13,689
158,226
11,078
609,820
17,380
16,513
65,604
25,846
18,622
13,771
34,154
276,634
31,961
14,054
36,588
342,699
18,531
55,031
26,584
M A R K E T
R E V I E W
Emp. Unemp Rate

52,854
3,391 6.0
41,663
2,727 6.1
98,566
5,084 4.9
195,016 14,013 6.7
412,519 25,085 5.7
30,349
3,858 11.3
51,031
5,413 9.6
29,125
1,792 5.8
8,911
654 6.8
60,928
7,666 11.2
38,511
2,184 5.4
17,827
1,164 6.1
68,207
4,543 6.2
22,169
1,867 7.8
31,803
1,816 5.4
12,645
907 6.7
44,946
2,460 5.2
27,428
1,683 5.8
19,425
1,206 5.8
12,702
987 7.2
148,175 10,051 6.4
10,201
877 7.9
562,113 47,707 7.8
16,082
1,298 7.5
15,238
1,275 7.7
61,889
3,715 5.7
23,581
2,265 8.8
17,025
1,597 8.6
11,965
1,806 13.1
31,553
2,601 7.6
253,316 23,318 8.4
29,947
2,014 6.3
13,064
990 7.0
34,611
1,977 5.4
317,744 24,955 7.3
17,279
1,252 6.8
51,913
3,118 5.7
24,373
2,211 8.3
City
Garland
Georgetown
Grand Prairie
Grapevine
Greenville
Haltom City
Harker Heights City
Harlingen
Houston
Huntsville
Hurst
Irving
Keller
Killeen
Kingsville
Kyle City
Lake Jackson
Lancaster
La Porte
Laredo
League City
Leander City
Lewisville
Little Elm
Longview
Lubbock
Lufkin
McAllen
McKinney
Manseld
Mesquite
Midland
Mission
Missouri City
Nacogdoches
New Braunfels
North Richland Hills
Odessa
December 2011
JANUARY 2012
CLF
Emp. Unemp Rate City
CLF
Emp. Unemp Rate
110,539
102,284
8,255 7.5 Paris
11,803
10,555
1,248 10.6
22,895
21,462
1,433 6.3 Pasadena
68,914
62,385
6,529 9.5
80,091
73,930
6,161 7.7 Pearland
48,246
45,198
3,048 6.3
29,568
27,978
1,590 5.4 Pugerville
23,903
22,584
1,319 5.5
11,376
10,456
920 8.1 Pharr
27,389
24,711
2,678 9.8
21,248
19,773
1,475 6.9 Plano
149,299 140,283
9,016 6.0
12,446
11,618
828 6.7 Port Arthur
25,151
21,441
3,710 14.8
27,133
24,553
2,580 9.5 Richardson
55,749
52,284
3,465 6.2
1,106,150 1,028,242 77,908 7.0 Rockwall
19,236
18,096
1,140 5.9
16,134
15,039
1,095 6.8 Rosenberg
16,569
15,424
1,145 6.9
21,078
19,719
1,359 6.4 Round Rock
54,845
51,605
3,240 5.9
112,424
104,801
7,623 6.8 Rowlett
29,484 27,399
2,085 7.1
20,881
19,753
1,128 5.4 San Angelo
46,020
43,542
2,478 5.4
50,779
46,504
4,275 8.4 San Antonio
649,341 607,078 42,263 6.5
13,904
13,104
800 5.8 San Benito
9,874
8,908
966 9.8
13,401
12,726
675 5.0 San Juan
14,297
12,693
1,604 11.2
14,811
13,639
1,172 7.9 San Marcos
28,643
27,210
1,433 5.0
17,276
15,569
1,707 9.9 Schertz
16,462
15,542
920 5.6
19,061
17,468
1,593 8.4 Seguin
12,089
11,332
757 6.3
94,391
88,166
6,225 6.6 Sherman
17,967
16,628
1,339 7.5
40,651
37,812
2,839 7.0 Socorro
12,541
11,237
1,304 10.4
13,173
12,489
684 5.2 Southlake
12,672
12,004
668 5.3
61,700
58,124
3,576 5.8 Sugar Land
43,593
41,338
2,255 5.2
13,490
12,806
684 5.1 Temple
31,789
29,856
1,933 6.1
43,814
41,228
2,586 5.9 Texarkana
17,555
16,231
1,324 7.5
124,274
117,805
6,469 5.2 Texas City
20,972
18,686
2,286 10.9
16,376
15,214
1,162 7.1 The Colony
24,419
22,874
1,545 6.3
65,112
60,556
4,556 7.0 Tyler
50,967
47,328
3,639 7.1
63,124
58,819
4,305 6.8 University Park 10,815
10,187
628 5.8
25,754
24,074
1,680 6.5 Victoria
33,739
31,768
1,971 5.8
69,941
64,576
5,365 7.7 Waco
58,277
53,994
4,283 7.3
65,500
62,935
2,565 3.9 Waxahachie
13,818
12,833
985 7.1
29,719
27,070
2,649 8.9 Weatherford
12,966
12,153
813 6.3
42,198
39,521
2,677 6.3 Weslaco
15,249
13,383
1,866 12.2
17,029
15,976
1,053 6.2 Wichita Falls
45,446
42,319
3,127 6.9
28,479
26,877
1,602 5.6 Wylie
20,733
19,357
1,376 6.6
36,969
34,776
2,193 5.9
55,984
53,289
2,695 4.8
Employment and Unemployment Estimates for Texas Cities
L A B O R
Estimates reect actual (not seasonally adjusted) data. All estimates are subject to revision. Estimates of the TWC are in cooperation with the Bureau of Labor Statistics, U.S. Department of Labor.
City
Abilene
Allen
Amarillo
Arlington
Austin
Baytown
Beaumont
Bedford
Big Spring
Brownsville
Bryan
Burleson
Carrollton
Cedar Hill
Cedar Park
Cleburne
College Station
Conroe
Coppell
Copperas Cove
Corpus Christi
Corsicana
Dallas
Deer Park
Del Rio
Denton
DeSoto
Duncanville
Eagle Pass
Edinburg
El Paso
Euless
Farmers Branch
Flower Mound
Fort Worth
Friendswood
Frisco
Galveston
T E X A S

Midland
T E X A S
L A B O R
M A R K E T
Midland
JANUARY 2012
R E V I E W
TEXAS NONAGRICULTURAL WAGE AND SALARY EMPLOYMENT

SEASONALLY ADJUSTED
INDUSTRY TITLE
Total Nonagricultural
Total Nongovernment**
Goods Producing
Mining and Logging
Construction
Manufacturing
Service Providing
Information
Other Services
Government
Nov. '11 to Dec. '11

Absolute
Percent
Change
Change
20,200
0.2
10,100
0.1
Dec. '10 to Dec. '11

Absolute
Percent
Change
Change
204,500
2.0
260,000
3.0
Dec. 2011*
Nov. 2011
Dec. 2010
10,649,200
8,843,900
10,629,000
8,833,800
10,444,700
8,583,900
257,900
590,800
837,400
255,900
590,500
835,200
217,200
597,100
812,200
2,000
300
2,200
0.8
0.1
0.3
40,700
6,300
25,200
18.7
1.1
3.1
2,108,000
184,900
638,800
1,343,700
1,443,500
1,060,200
378,700
1,805,300
2,107,800
186,400
636,700
1,342,100
1,444,300
1,056,100
378,800
1,795,200
2,062,200
192,800
620,800
1,290,600
1,406,600
1,019,000
365,400
1,860,800
200
1,500
2,100
1,600
800
4,100
100
10,100
0.0
0.8
0.3
0.1
0.1
0.4
0.0
0.6
45,800
7,900
18,000
53,100
36,900
41,200
13,300
55,500
2.2
4.1
2.9
4.1
2.6
4.0
3.6
3.0
Note: The number of nonagricultural jobs in Texas is without reference to place of residence of workers. Total Nonagricultural employment is additive by summing the individual sectors.
*Estimates for the current month are preliminary. All estimates are subject to revision. Estimates produced by the Bureau of Labor Statistics, U.S. Department of Labor are disseminated in
cooperation with the TWC.
**Total Nongovernment number is derived by subtracting the M
Government
the Total Nonagricultural
A Restimate
K from
E T
R E V Iestimate.
E W
T E X A S
L A B O R
M A R K E T
R E V I E W
Texas Nonagricultural Wage and Salary Employment (Not Seasonally Adjusted)

Annual Growth Rates
- 16 -
Jan 11
Jan 10
Jan 09
Jan 08
Jan 07
Jan 06
Jan 05
Jan 04
Jan 03
Jan 02
Jan 01
Jan 00
Jan 99
Jan 98
Jan 97
Jan 96
Jan 95
Jan 94
Jan 93
Jan 92
Jan 91
6.0%
4.0%
2.0%
0.0%
2.0%
4.0%
6.0%
Midland
2010 Average Hourly Wage ($)

by MSA
Midland
Texas
Odessa
Amarillo
Longview
Texarkana, Tex.-Texarkana, Ark.
Tyler
Waco
Victoria
Sherman-Denison
Lubbock
Corpus Christi
San Angelo
El Paso
Abilene
Wichita Falls
Laredo
19.10
18.95
18.91
18.89
18.14
17.83
17.80
17.74
17.72
17.64
17.50
17.48
17.38
17.35
17.05
16.88
16.72
16.66
16.14
15.61
15.25
10.00
12.00
14.00
16.00
Note: Data reflect most recent year surveyed

Source: Bureau of Labor Statistics
- 17 -
18.00
20.00
20.76
20.30
22.26
22.18
21.89
22.00
24.00
Midland
Economy
2010 Gross Retail Sales Per Capita ($)
Odessa
Midland
Dallas-Plano-Irving MD
Lubbock
Amarillo
Longview
Texas
Tyler
Victoria
Fort Worth-Arlington MD
Waco
Abilene
San Angelo
Laredo
Sherman-Denison
Corpus Christi
Wichita Falls
El Paso
Texarkana
5,000
7,000
9,000
11,000
13,000
15,000
17,000
19,000
21,000
Note: Data reflect most recent year surveyed; MD=subset of an MSA

Source: Texas Comptroller's Office
Gross Retail Sales

Midland MSA
Year
Total Sales*
Sales per Capita
2000
$1,573,441,439
$13,563
2001
$1,721,809,010
$14,838
2002
$1,415,189,767
$12,054
2003
$1,627,446,850
$13,704
2004
$1,962,060,511
$16,349
2005
$2,229,918,479
$18,373
2006
$2,421,121,203
$19,466
2007
$2,276,246,756
$18,007
2008
$2,577,750,460
$19,906
2009
$2,042,351,267
$15,435
2010
$2,325,914,501
$16,993
State Average 2010:
$15,110
*Update current year only. See Texas Comptroller site for

updated data in previous years: https://ourcpa.cpa.state.tx.us/
allocation/HistSales.jsp
Source: Texas Comptrollers Office
- 18 -
Midland
Infrastructure
Midland Airport Passengers
Airport
2007
2008
2009
2010
2011
Enplaned
491,321
487,403
420,845
442,543
466,353
Deplaned
486,010
481,961
417,695
438,286
459,224
Total
977,331
969,364
838,540
880,829
925,577
Midland International Airport
Source: Midland International Airport
Midland Airport Cargo Statistics

(in pounds)
Airport
2007
2008
2009
2010
2011
3,181,692
3,194,802
2,303,193
2,658,204
2,264,388
Deplaned
4,596,756
4,616,503
3,607,316
4,271,470
3,312,750
Total
7,778,448
7,811,305
5,910,509
6,929,674
5,577,138
Midland International Airport

Enplaned
- 19 -
Midland
Midland Airline Boardings and Cargo Statistics Totals
1,000,000
977,331
9,000,000
969,364
8,000,000
950,000
925,577
7,000,000
900,000
5,000,000
880,829
4,000,000
850,000
838,540
3,000,000
2,000,000
800,000
1,000,000
750,000
2007
2008
2009
Passengers
- 20 -
2010
Cargo
2011
Cargo (in pounds)
Passengers
6,000,000
- 21 -
Midland
Midland
Multifamily
Midland Apartment Statistics 2011
Midland
Average rent per square foot
$0.87
Average rent for units built since 2000
Texas Metro
Average
$0.88
$0.97
$0.98
Average occupancy
97.1%
93.7%
Average occupancy for units built since 2000
98.1%
95.8%
Total units*
9,794
1,631,425
Total units built since 2000*
1,445
388,352
*As of December 2011

Source: Apartment MarketData Research
- 22 -
Midland
Housing
Home Price Index (HPI)
Midland MSA
The HPI for each geographic area is estimated using repeated observations of housing values for individual single-family residential
properties on which at least two mortgages were originated and subsequently purchased by either Freddie Mac or Fannie Mae.
25.0%
Change from Previous Year
20.0%
15.0%
10.0%
5.0%
0.0%
Midland
Texas
4Q-11
4Q-10
4Q-09
4Q-08
4Q-07
4Q-06
4Q-05
4Q-04
4Q-03
4Q-02
4Q-01
-10.0%
4Q-00
-5.0%
USA
Source: Federal Housing Finance Agency
National Home Price Index (HPI)
The HPI for each geographic area is estimated using repeated observations of housing values for individual single-family residential
properties on which at least two mortgages were originated and subsequently purchased by either Freddie Mac or Fannie Mae.
40.0%
20.0%
10.0%
0.0%
-10.0%
Florida
Source: Federal Housing Finance Agency
- 23 -
4Q-11
USA
4Q-10
Texas
4Q-09
4Q-08
California
4Q-07
4Q-06
4Q-05
4Q-04
4Q-03
-30.0%
4Q-02
-20.0%
4Q-01
Change from Previous Year
30.0%
Midland
Price Distribution of MLS Homes Sold, Midland*

(in percent)
Price Range
2005
2006
2007
2008
2009
2010
2011
$29,999 or less
5.4
2.4
0.3
1.0
0.7
0.9
$30,00039,999
1.5
0.8
1.1
0.8
0.7
0.7
$40,00049,999
2.3
1.4
1.0
0.7
0.9
1.2
$50,00059,999
3.2
1.6
0.8
1.2
1.2
1.4
$60,00069,999
3.7
2.4
2.0
1.5
1.4
2.0
$70,00079,999
4.6
2.8
2.2
1.6
1.3
1.8
$80,00089,999
6.3
4.5
2.3
2.1
2.8
2.6
$90,00099,999
6.1
3.9
3.5
2.0
2.6
2.7
$100,000119,999
9.6
8.5
6.6
8.4
7.5
7.0
$120,000139,999
12.4
10.3
11.0
11.8
10.8
8.2
$140,000159,999
10.3
12.5
11.9
12.3
12.4
8.5
$160,000179,999
6.8
9.6
11.3
12.7
10.6
11.7
$180,000199,999
6.2
7.1
10.9
8.3
8.5
7.5
$200,000249,999
8.8
11.3
12.3
13.5
14.4
16.3
$250,000299,999
6.1
8.6
9.1
10.9
11.1
11.8
$300,000399,999
5.2
8.8
9.2
7.8
9.2
10.3
$400,000499,999
0.6
2.0
3.3
2.2
2.0
2.6
$500,000 and more
0.9
1.5
1.1
1.2
2.0
2.9
- represents unreported data or nonparticipation in Real Estate Centers survey.

*2011 data current as of February 1, 2012.
Source: Real Estate Center at Texas A&M University
- 24 -
18.0
Midland
Price Distribution of MLS Homes Sold

Midland
16.0
14.0
Percent
12.0
10.0
8.0
6.0
4.0
2.0
0.0
2009
2010
2011
2011 data current as of February 1, 2012.
Property Tax Rates 2011

Taxing Entity
Tax Rate per $100

Valuation
City of Midland
$0.471
Midland ISD
1.141
Midland County
0.198
Total*
$1.810
*Only the typical taxing entities are included in the total. However,
there are numerous taxing entities that need to be taken into account
for an actual tax rate calculation. http://www.midcad.org/
Source: Midland County Appraisal District
- 25 -
Midland
Average Sales Price

Midland MLS
$250,000
$210,500
$195,000
$200,000
$182,600
$193,500
$201,400
$149,200
$150,000
$100,000
$50,000
Data not available through 2005
$0
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
Yearly Home Sales and Months Inventory

Midland MLS
2,500
2,000
Sales
3
1,000
2
500
Months Inventory measures the current

absorption rate and how long it would take for
current supply to be depleted if no other listings
came on the market. Data not available through
2005.
2002
2003
2004
2005
Months Inventory
1,500
2006
Sales
2007
2008
2009
2010
2011
Supply
- 26 -
Midland
Single-Family Home Sales Volume

Midland MLS
250
200
Units
150
100
50
Jan.
Feb.
Mar.
Apr.
May
June
2009
July
2010
Aug.
Sept.
Oct.
Single-Family Building Permits and Average Value

Midland MSA
$200,000
539
514
483
500
$180,000
$160,000
$140,000
394
400
$100,000
300
$80,000
200
Average Value
$120,000
330
Units
Dec.
2011
600
Nov.
$60,000
$40,000
100
$20,000
0
2007
2008
2009
Units
2010
2011
$0
Average Value
2011 numbers current as of February 1, 2012.
Significant revisions are likely.
- 27 -
9.00
Mortgage Rates
15-Year Fixed
2.0
1.8
8.00
1.6
7.00
1.4
6.00
1.2
5.00
1.0
4.00
Points
Rate
Midland
0.8
3.00
0.6
2.00
0.4
1.00
0.2
0.00
0.0
Annual Average Rate
Annual Average Points
Source: Federal Home Loan Mortgage Corporation
18.00
Mortgage Rates
30-Year Fixed
3.0
16.00
2.5
14.00
2.0
10.00
1.5
8.00
6.00
1.0
4.00
0.5
2.00
0.00
0.0
Annual Average Rate

Source: Federal Home Loan Mortgage Corporation
- 28 -
Annual Average Points
Points
Rate
12.00
Midland
Hotel
Hotel* Occupancy and Rental Rates
2010
Midland MSA
Number of Rooms (in thousands)
Average Daily Rate**
Occupancy Rate (in percent)***
2011
Texas
Midland MSA
Texas
2.7
387.4
2.8
396.6
$71.66
$83.44
$79.68
$86.14
56.4
55.4
78.3
59.1
*Only properties exceeding $25,000 in the current quarter are included; those units below $25,000 only result in 1.5
percent of the total state revenues and have been excluded from the Source Strategies database.
**Estimated with the aid of financial reports, appraisers, private SSI surveys, chain and AAA directories and another
reliable industry database.
***Occupancy: nights sold divided by nights available (x 100). Room-nights sold are calculated from estimated rate
and actual rooms revenues.
Sources: Office of the GovernorEconomic Development and Tourism, and Source Strategies Inc. of San Antonio
- 29 -
Midland
Office
Midland Office Space
2010
Rentable Area
(SF)
Available
SF
1,747,825
14,931
273,708
1,098,895
160,406
Class-B-
280,772
51,961
Class-C
131,200
9,000
Unclassified Vacant or Owner-Occupied
551,320
Class-B Vacant or Owner-Occupied
59,747
2,390
Class-C/D Vacant or Owner-Occupied
68,000
Class-A+
440,000
2,788
Class-A
125,790
8,000
Class-B+
691,596
146,785
Class-B
570,633
104,269
CBD
Class-A
Class-B+
Class-B
Suburban
Overall
Occupancy
90.96%
Sources: Midland Development Corporation, http://www.midlandtxedc.com
- 30 -
snter
Real Estate Center Market Reports
The Center strives to provide the most accurate and up-to-date data to paint a detailed picture of Texas Metropolitan Statistical
Areas. However, links contained in this report may change or become obsolete. The Center advises contacting the original
source regarding broken links.
The Center also offers numerous other publications, resources and data.
Tierra Grande
Market Reports
Our flagship periodical

recenter.tamu.edu/tgrande
Reports like this on other Texas MSAs

recenter.tamu.edu/mreports
Twitter
Red Zone Podcast
Daily updates
twitter.com/TexRec
Hottest happenings in Texas real estate

recenter.tamu.edu/podcast
Publications
Facebook
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recenter.tamu.edu/pubs
Connect with us
facebook.com/recenter
NewsTalk Texas
the BLOG
Up-to-the-minute
news on all Texas MSAs
recenter.tamu.edu/mnews
Center researchers
personal perspectives
on current news
Midland Area News
RECON
Use the QR code reader on your

smartphone to access the latest news
from the Midland MSA.
Twice-weekly electronic news

recenter.tamu.edu/recon
REPORT COMPILED BY:
Edith Craig
Kory Merten
Katie Barker
Taylor Fitzner
Cody Price
Administrative Coordinator
Market Research Assistant/Design Assistant
Real Estate Center 2115 TAMU College Station, TX 77843-2115
979.845.2031 979.845.0460 FAX

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MARKET REPORT 2012

2012 Texas Metro Market Overview

For the latest Midland news, visit NewsTalk Texas.

2012 Texas Metro Market Overview

901.97 square miles

2010 Population Density

151.7 people per square mile

2012 Texas Metro Market Overview

Metropolitan Statistical Areas (MSAs)

Prepared by the Labor Market and Career Information Department, TWC

2012 Texas Metro Market Overview

Select Area Cities

Source: U.S. Census Bureau

*July 1 population estimates, except 2000 and

Households with individuals under 18 years

Households with individuals 65 years and over

Source: U.S. Census Bureau

Source: U.S. Census Bureau

Distribution by Race and Hispanic or Latino Origin

Black or African American

American Indian and Alaska Native

2012 Texas Metro Market Overview

Texas Metropolitan Statistical Area

Source: Texas Water Development Board (April 2011 projection)

Midland MSA Projected Population

Texas State Data Center

2012 Texas Metro Market Overview

Texas Metropolitan Area Population Change

San Antonio-New Braunfels

Source: U.S. Census Bureau

2012 Texas Metro Market Overview

2010 Geographic Mobility

1 year and over

75 years and over

Source: American Community Survey 2010

2012 Texas Metro Market Overview

2010 Texas Metropolitan Area Geographic Mobility

San Antonio-New Braunfels

Texarkana, Tex.-Texarkana, Ark.

Austin-Round Rock-San Marcos

*Population includes one year and over

2012 Texas Metro Market Overview

Interstate and Cross-Border

2011 Migration Patterns traffic flow by state/province

e than 55% of total shipments

2012 Texas Metro Market Overview

High school graduate or higher

Bachelors degree or higher

Source: American Community Survey 2010

Local College and University Enrollment, Fall Semester

Source: Texas Higher Education Coordinating Board

2012 Texas Metro Market Overview

Midland Memorial Hospital

Pioneer Natural Gas Resources USA

Oil and Gas

Texas Health & Human Services

Key Energy Services Inc.

Oil and Gas

Basic Energy Services

Oil and Gas

Warren Equipment Companies

Source: Midland Economic Development Corporation, October 2010

Top Ten Private Employers

Midland Memorial Hospital