The anticipated post-COVID-19 recession in Oklahoma is expected to be a minor and short-lived event with minimal job losses. The Federal Reserve is prepared for some economic pain but does not anticipate a severe recession. Labor will remain tight due to the retirement of many baby boomers, and employers are planning to offer raises to retain workers. Consumer discretionary spending is expected to rebound, and the Oklahoma City economy is performing well despite the Federal Reserve's efforts to keep interest rates high. However, there are concerns about the federal government's deficit, political divisiveness, and the potential for another government shutdown. Housing costs in Oklahoma City have increased but are still lower than the national average. The energy sector in the state has weakened, leading to a decrease in the workforce. Overall, the outlook for Oklahoma's economy is relatively positive, with the recession expected to be milder than previous downturns. [46cda848]