Economy
Timothy A. Duy Senior Director, Oregon Economic Forum Professor of Practice Department of Economics University of Oregon Eugene, OR 97403-1285 541.346.4660 duy@uoregon.edu I don’t have a take on GameStop. Instead, I have a take on a GameStop take. This kind of commentary (via Axios) is floating around: The current state of financial markets “is a…
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Aspen Dental has officially opened its doors in Bend, Oregon with the opening of a brand-new office, bringing a new local dentist to their community. This is the 15th Aspen Dental practice in the state of Oregon, as Aspen Dental continues to break down barriers and bring comprehensive, affordable care to patients across the country.…
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By Josh Lehner, Oregon Office of Economic Analysis OK, this was fun. Willamette Week is out with a set of articles highlighting some of the sectors of the economy that are doing quite well this year, despite the pandemic and recession. My hat’s off the Aaron Mesh and company for their ability to turn my…
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Like the rest of us, the Ashland Chamber of Commerce has been hard at work pivoting to stay alive while continuing to reach out and help Ashland’s small business economy in every way it can, since the shutdowns started in March. Thanks to a Grant from Business Oregon, and a passionate and experienced online expert…
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When the pandemic sent us all working from home, many of the high tech workers in the big cities realized that they could work from anywhere and many started looking. A group of folks came together in Ashland to create a video series that told the story of living and working remotely in Ashland with…
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Klamath Falls, OR (November 5th, 2020) – Today, the Klamath County Economic Development Association (KCEDA) publicly announced that the KRTelecom Group has started new operations in Klamath Falls and is expected to expand substantially in the next few months. Working with partners such as Verizon, Spectrum, and AT&T, KRTelecom offers consulting services to help businesses…
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An international company announced Wednesday that it will build a multi-million dollar manufacturing plant in Klamath Falls that will employ about 50 people. Wilsonart Engineered Services, based in Temple, Tex., manufactures and distributes materials used in furniture, office spaces, countertops and more. It will construct a 95,000-square-foot building located on 19 acres of private WESGO…
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SOREDI is pleased to announce it is now accepting applications for its inaugural Southern Oregon Rural Startup Challenge, providing up to $60,000 in capital investments by December 31 to rural startups and companies seeking expansion capital. SOREDI, which has facilitated the Southern Oregon Angel Investment Network for numerous years, has created a seed fund for…
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Umpqua Bank | DHM Research Business Resiliency Survey – August 2020 Umpqua Bank released its “Business Resiliency” survey, a nationwide study gauging the impact of the COVID-19 pandemic on the confidence and future of U.S.-based small and mid-size businesses. More than 1,200 leaders at companies across all industries and geographic regions were surveyed on how…
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Declares Dividend of $0.31 Per Share for Second Quarter by Press Release Lithia Motors, Inc. www.lithia.com Lithia Motors, Inc. (NYSE: LAD) today reported second quarter 2020 revenue of $2.8 billion. Second quarter 2020 net income per diluted share was $3.38, a 29% increase from $2.63 per diluted share reported in the second quarter of 2019. Adjusted…
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By Tim Duy, Senior Director, Oregon Economic Forum, Professor of Practice Department of Economics, University of Oregon duy@uoregon.edu Federal Reserve Chair Jerome Powell delivered his much-awaited speech in which he unveiled the outcome of the Fed’s strategy and communications review. As expected, the Fed adopted a policy of average inflation targeting. There, however, was a twist. Powell…
Read MoreThe pandemic will continue to weigh on the economy but ongoing fiscal support matched by Fed easing will help ease the pain and support markets. By Tim Duy, Senior Director, Oregon Economic Forum, Professor of PracticeDepartment of Economics, University of Oregonduy@uoregon.edu Bloomberg Opinion My Bloomberg column last week: For the Federal Reserve, this time really…
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