Newspaper article THE JOURNAL RECORD

State Population Estimated at 3.2 Million during 1989

Newspaper article THE JOURNAL RECORD

State Population Estimated at 3.2 Million during 1989

Article excerpt

Oklahoma's 3,224,000 population in 1989, reported by the U.S. Census Bureau, was up 6.6 percent from 1980 and ranked the state 28th in the nation in population.

The ranking was down from 25th in 1980, according to the 1990 Statistical Abstract of the United States published by the U.S. Commerce Department's Census Bureau.

The Census Bureau estimates that the state's largest population came from mid-1983 through 1984 when there were 3,312,000 people in the state.

As might be expected, census figures were not exactly bright for a variety of business indicators. They told the story of Oklahoma's struggle through the economic hardships of the 1980s decade.

- Some 59.6 percent of Oklahoma's civilian population in 1988 were employed, ranking the state 40th in that category. The average unemployment rate of 6.7 percent ranked the state 13th highest in the country.

Non-agricultural employment dipped 0.4 percent between 1980 and 1988, ranking the state 46th for this category.

- Oklahoma's disposable personal income per capita in 1988 was $10,875, ranking the state 45th in the nation. In constant dollars, the figure dropped 4.5 percent for the period from 1980 to 1988.

- Insured commercial bank deposits of $7,122 per capita in Oklahoma in 1988 ranked the state 35th for deposit size among all states.

Oklahoma ranked sixth-highest for the percentage of mortgage loans foreclosed in 1988 with 6.53 percent. Return on assets for savings and loan associations dipped 2.42 percent in 1988, ranking the state 43rd. Texas savings institutions saw their return on assets plummet 11.32 percent, putting that state 49th.

- Oklahoma was 19th in the nation for business failures in 1988, with an average of 99 failed businesses per 10,000 concerns. …

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