Economy
March 2021 Oregon Economic and Revenue Forecast
By Mark McMullen and Josh LehnerOregon Office of Economic Analysis ECONOMIC OUTLOOK The cycle is different. The nature of the pandemic induced recession lead the economy into a severe shutdown essentially overnight last spring. Since then nearly every economic indicator has looked better than first feared. While the broad contours…
Read More
University of Oregon Central Oregon Business Index®
By Timothy A. Duy Director, Oregon Economic Forum Department of Economics, University of Oregon 541-346-4660 · duy@uoregon.edu Fourth Quarter 2020 Analysis The Central Oregon Business Index continued to rise in the fourth quarter despite the winter wave of the Covid-19 pandemic and the associated restrictions on business activities. While a broad array…
Read More
Not a GameStop Take
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…
Read More
Aspen Dental Expands Access to Dental Care in Bend, OR
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…
Read More
HOW COVID IS CHANGING OUR BUYING HABITS
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…
Read More
Ashland Chamber launches new eCommerce site for all Brick and Mortar stores in Ashland
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…
Read More
Ashland community launches new site to attract the next generation of workers and employers to town
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…
Read More
New Telecommunications Firm Expanding in Klamath Falls
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…
Read More
New Manufacturing Plant to Open in Klamath Falls
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…
Read More
SOREDI Seeks Applications from Rural Entrepreneurs and Companies for its 2020 Southern Oregon Rural Startup Challenge
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…
Read More
Umpqua Bank Releases Nationwide Study gauging the impact of COVID-19
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…
Read More
Lithia Reports Highest Second Quarter Net Income in Company History
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…
Read More