Oregon economy

An index of indicators has taken a dip but still points to growth in Oregon's economy. University of Oregon economist Tim Duy says the Index of Economic Indicators shows growth in the state economy near the average rate since 1990. He told the Eugene Register-Guard the index was down slightly in March, the first decline since July. Duy says first-time unemployment claRead More »

State economists expect Oregon to collect slightly more money in the near term than they forecast three months ago.Experts released the quarterly revenue forecast to state lawmakers on Tuesday.Read More »

The monthly Oregon employment numbers show the state lost nearly 8,000 jobs in September, ending a half-year string of monthly job gains. The state Employment Department said Tuesday the unemployment rate is 8.7 percent, essentially unchanged from the previous month.Read More »

The impact of the summer labor dispute at the Port of Portland is showing up in a measure of Oregon's economic growth. But the economist who compiles the index says it's a blip in the numbers.

The Oregon Measure of Economic Activity for July fell. That was influenced heavily by a sag in volume at the port when shippers diverted their vessels.Read More »

About two-thirds of the workers hired by the state of Oregon since the 2008 recession have been temporary.

Figures from the Department of Administrative Services show that about 25,000 of the 40,000 jobs were seasonal workers, as in summer jobs with the Transportation Department, or temporary jobs of limited duration for a special purpose or project.Read More »

State economists are a bit more optimistic about near-term tax collections than they were three months ago, but they say sluggish economic growth poses long-term financial challenges for Oregon.
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Oregon has added jobs, but the unemployment rate has inched upward. The state Employment Department said Tuesday the unemployment rate is at 8.7 percent in July, up from 8.5 percent the month before.
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