Okla treasurer: State economy continues to improve

Published: 06/02/11 - 6:04pm Written by Dick Pryor
OKLAHOMA CITY (AP) - State Treasurer Ken Miller says Oklahoma's gross revenue collections for every major tax category in May have increased over the same time last year, a sign that the state's economy continues to pull out of a recession. An economist who was elected to office last year, Miller presented revenue figures on Thursday that show collections for the past 12 months topped $10 billion for the first time in almost two years. Those numbers include collections beyond those to the state's general revenue fund, which is used to fund state government. He says Oklahoma's unemployment rate also is improving, dropping from 6.1 percent in March to 5.6 percent in April, which shows the private sector continues to add "much-needed jobs as we try to get back to full employment."