Friday on The Chad Hasty Show, James Arnold, President of Lubbock's American Bank of Commerce joined the program to talk about the condition of the local area economy.

Arnold and Hasty discussed the housing and construction markets, hotels, interest rates, the effect the Permian Basin and it's oil industry has on the South Plains economy, and more.

When asked by Hasty about stance of the overall economy in the Lubbock area, Arnold said,

The economy continues to build on itself, and we continue to break records around here on construction, home values, home sales, any metric we look at it's better than it was the month before, it's better if you compare it to a year before...We're in unprecedented territory right now with our economy.

Listen to the entire interview with James Arnold in the video above.

For more information on American Bank of Commerce, visit their website here.

The Chad Hasty Show airs weekday mornings live, from 8:30 AM to 11:00 AM on News/Talk 95.1 FM and 790 AM KFYO, online at KFYO.comon the fantastic & free KFYO app, as well as on all Alexa-enabled devices using the KFYO Skill. Follow Chad on Twitter via @ChadHastyRadio & KFYO Radio at @KFYO