An image of the coronavirus from the federal Centers for Disease Control and Prevention. The emergence of the coronavirus could put a damper on the unprecedented expansion of the Oregon economy. A full-blown recession could be on the horizon if the virus disrupts supply chains, keeps workers from their jobs[Read More…]
Tag: OREGON ECONOMY
Housing affordability worsened in Oregon in last decade with low construction rates
Capital Manor’s original tower in Salem stands in the distance while construction crews build 17 new duplexes to the west. (Troy Brynelson/Salem Reporter) Despite Oregon’s widespread housing shortage, the amount of housing built in the state during the last decade reached a record low. That was one of the unexpected[Read More…]
Oregon’s economy remains strong heading into the holiday season
Jim Whitbeck, right, discusses a display Friday with Carolyn Brandt and Eric Lincolnat his business Blue Mountain Outfitters in La Grande. The business is going on 5 1/2 years of growth. (Ronald Bond/La Grande Observer) It’s a good time to be a holiday shopper in Oregon. Despite fears of a[Read More…]
Oregon’s ag industry ‘caught in the crossfire’ of U.S. trade war with China
Hazelnuts are just one Oregon export impacted by increased tariffs from a trade war with China. (Oregon Department of Agriculture Flickr) As the U.S. and China go tit-for-tat in an escalating trade war started by President Donald Trump, Oregon companies are caught in the fray. Farmers who could previously depend[Read More…]