Friday, January 31, 2014

Economic Growth Across (Most of) Oregon

This week's release of the University of Oregon Regional Economic Indexes brought more positive economic news. Well, at least for most areas across the state.

The Regional Indexes for November -- which track a set of economic indicators, such as hiring, home sales, and building permits -- show above-average growth in Eugene, Central Oregon, Salem, and Portland. The indexes' three-month moving averages show economic growth at or above the norm in Eugene and Central Oregon.

The Rogue Valley continues to struggle though. As noted in The Oregonian, high unemployment and weak construction activity are among the contributing factors for Southern Oregon's lower-than-average economic growth.

More information can be found in The Oregonian's complete article, or in the UO Regional Indexes summary.

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