economy

The Inflation Deception - Lowell Ponte

By admin Wed 18th July FocusTodayeconomyPolitics
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Author of "The Inflation Deception," Lowell Ponte, explains how President Obama quietly changed unemployment statistics to falsely portray an imminent jobs boom.
 
Lowell offers his book free to viewers of the video. Watch the video for details on how to obtain a free copy of his book.

Little Change In State Employment Picture

By Jim McCoy Tue 17th July Newseconomyjobs

Oregon employers created 1,700 new jobs in June, but the unemployment rate ticked up slightly to 8.5 percent. That's according to new figures released on Tuesday. The unemployment rate was 8.4 percent in May. Hiring was strong in the manufacturing sector as well as transportation and utilities, but those gains were partially offset by declines in government and service jobs.Read More »

Report: Oregon Timber Harvest Increases in 2011

By Jim McCoy Tue 10th July Newseconomyforestrytimber industry

State officials say log exports helped boost Oregon's timber harvest to increase for the second year in a row.
Read More »

Coos County Surviving With Money From Own Timber Lands

By Jim McCoy Tue 19th June NewseconomyOregon Coast newstimber industry

One of the Oregon timber counties facing a cutoff of federal money is dipping into a savings account built from its own logging receipts and expects to avoid big reductions and tax increases in the next budget.
Read More »

High Tech Fueling Oregon Economic Growth

By Jim McCoy Thu 7th June Newseconomy

An important measure of Oregon's economy showed robust growth in 2011, but economists say it was lopsided.The Oregonian reports the state's gross domestic product grew 4.7 percent in a year-over-year comparison, second among the 50 states.
Read More »

Specifics Released On Cutbacks at Josephine County Sheriff's Department

The Josephine County Sheriff’s Department is starting its scale backs. At 4 p.m. today, their major crimes unit and the records divisions will conclude their work at 11 p.m. tonight.Read More »

Economists: Oregon Economy Stable, Though Revenue Short

By Jim McCoy Tue 22nd May NewseconomyOregon newsrevenuetaxes

Oregon's budget appears stable for now.

     Economists said Tuesday that tax and lottery collections are
down slightly from their earlier projections. But the declines were
offset by legal settlements and accounting maneuvers approved
earlier this year to rebalance the state budget.Read More »

AAA Report: Gas Prices Spike In Oregon

By Jim McCoy Mon 21st May NewsAAAeconomygas pricestravel

The AAA auto club reports the average price of a gallon of gasoline in Oregon is $4.23. That's up 6 cents in a week and 17 cents in a month. It's 54
cents higher than the national average, which dropped 4 cents in
the past week to $3.69.
    Read More »

Oregon Gains 2,300 Jobs In April

By Jim McCoy Tue 15th May Newseconomyjobs
Oregon's unemployment rate has dropped a full percentage point over the past year and now is down about three percentage po​ints since its peak during the Great Recession.

Wood Products Industry Making A Comeback?

By Jim McCoy Mon 7th May Newseconomytimber industry

The Great Recession has been hard on Oregon's wood products industries, and construction of single-family homes remains sluggish.
     But industry observers tell The Oregonian  there are signs of a slow comeback: Wood products are increasingly used in multifamily projects and multistory commercial buildings,Read More »

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