AJF Logo
Ada Jobs Foundation 
 Economic Report
November 2010Issue No. II
Upcoming
 Events

ECU Presidential Inauguration

John R. Hargrave will become the 8th President of ECU

 

East Central University President John R. Hargrave will be formally inaugurated as the eight president of ECU on November 19th at 2:30 pm in the Ataloa Theatre, Hallie Brown Ford Fine Arts Center.

 

The public is invited to the ceremony and reception which follows.

 

For more information, click here...

Shop Ada This Holiday Season

  

The Ada Area Chamber of Commerce Retail Committee has been hard at work organizing the annual Day After Thanksgiving Sale in Ada.

Area merchants will be open early to offer savings and bargains. 

 

On average, for every $100 spend in the Ada an additional $34 will be generated somewhere in the economy.

Remember Shop Ada First!

 

The sales begin at 5 am on Friday, November 26th. For more information visit, the Ada Area Chamber of Commerce

ECU To Rename University Center

 

East Central University will rename the University Center, the Bill S. Cole University Center, in honor of former President Bill S. Cole, Ph.D.

 

The renaming ceremony will be held on Monday, November 29th at 2 pm.

In The
News

Ada Has Highest Per Capita Retail Sales Among Oklahoma Cities 

 

The adjusted retail sales for Ada during the year 2009 totaled over $289.2 million, which ranked Ada 5th in the Oklahoma when compared to cities of similar size.   

 

Read More....

Ada Company Makes Forbes 100

 

Three companies in Oklahoma are among the best in the country in their size category,

according to the November edition of Forbes magazine.

 

The ranking, based on sales and other financial data, was published in the Nov. 8 issue of Forbes.

 

Read More....

Ada Labor Force Continues to Grow

 

The Bureau of Labor Statistics released the September employment number recently and Ada continues to trend positively. The Ada MSA labor force grew while and the unemployment rate declined.

  
Read More...

 Find us on Facebook 

Follow us on Twitter
Economic Indicators
Unemployment Rate (Sept) 
  Ada MSA -  4.9%
  Oklahoma -  6.9%
  United States -  9.6%

Labor Force (Sept) 
  Ada MSA -  20,810
  Oklahoma -  1,756,590
  United States - 154,158,000

Building Permits (Oct) 
  City of Ada - $1,611,300

Sales Tax Collections
 City of Ada - $1,063,221
 Pontotoc County - $234,233

Use Tax Collections
 City of Ada - $52,302

Lodging Tax Collections
 Pontotoc County - $18,604


The Ada Unemployment Rate decreased from August to September, while the state and national rates remained relatively unchanged. Ada's rate also showed a decrease from September 2009.

Sales tax revenue for the City of Ada was relatively flat (0.3% increase) from 2009 to 2010. However, fiscal year totals are up approximately 8% from last fiscal year.

Building permit values for the calendar year are over $24.4 million and indicate a significant increase (100.9%) from last calendar year.

Contact Us

209 West Main
Ada, Oklahoma 74820
(580) 235-0070

 

Join Our Mailing List!