Share “Oklahoma Inc.: More sliders than gainers...”

Oklahoma Inc.: More sliders than gainers in service sector

Observers blame slow economic recovery for service sector performance in Oklahoma.
BY PAULA BURKES Published: November 13, 2011

Though Sonic moved up on this year's list, it may have been negatively affected because many of its restaurants are in smaller communities that had job losses, Dollarhide said.

Sonic has added to its menu and stayed creative, but it hasn't gripped the same momentum as McDonald's, which has pulled the right triggers with salad, breakfast and coffee selections, he said.

Despite the lower rankings, services companies are good for Oklahoma, said Lynn Gray, an economist with the state Employment Security Commission.

For the 12 months ending August 2011, the goods-producing area grew by 17,800 jobs or 7.6 percent, while service and government grew by 20,100, or 2.11 percent, and 4,800, 1.43 percent, respectively, Gray said. No major industry of the service area grew as fast as even the slowest in the goods sector, he said.