Category Archives: Office of Economic Analysis (OEA)

Oregon job growth to slow in 2020 after ‘bad economic decade’

Slowing hiring is more impacted by labor constraints than economic weakness. Oregon job growth is expected to slow this year, likely only adding about the same amount of jobs as in 2019, the state employment department said. Source: Oregon job growth to slow in 2020 after ‘bad economic decade’ – News – The Register-Guard – […]
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2010s Were a “Disappointment” for Oregon Economically

On the very last day of 2019, the Oregon Office of Economic Analysis released a report identifying the economic trends of the past decade. Source: 2010s Were a “Disappointment” for Oregon Economically – The Corvallis Advocate

Oregon Built an Historically Low Amount of Housing Over the Past Decade, Even as Incomes Made Historic Gains

As the 2010s come to a close, Josh Lehner, an economist in Oregon Office of Economic Analysis, has pulled together an analysis of the big trends that shaped the state over the past decade. Source: Oregon Built an Historically Low Amount of Housing Over the Past Decade, Even as Incomes Made Historic Gains

Oregon Insight: Jobless claims fall amid renewed strength in the labor market

Oregon’s jobless rate fell to a record 3.9% last month and the pace of new jobless claims has slackened. The state’s labor market has slowed this year but these latest indicators suggest that slowing hasn’t changed the fundamental picture, and that Oregon’s economy remains fundamentally solid. Source: Oregon Insight: Jobless claims fall amid renewed strength […]
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Oregon Insight: Residents upbeat about the state’s economy

The state is enjoying one of the longest stretches of economic growth in its history – and Oregonians expect things will get even better before they eventually cool off. That’s the finding of a new poll by Moore Information Group, conducted on behalf of Oregon Business & Industry, the state’s largest business association. Source: Oregon […]
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State says that kicker refunds will be larger than first anticipated

Oregon Office of Economic Analysis says the kicker will grow to $1.6 billion this year. Oregon taxpayers will receive even more in the form of a kicker next year, a state agency announced last week. Source: Pamplin Media Group – State says that kicker refunds will be larger than first anticipated

Oregon retailers see good ho-ho-holiday sales ahead, unless snowpocalypse hits

No recession… yet… but economic indicators have economists, bankers, retailers on the lookout for stockings full of coal. It’s a good time to be a holiday shopper in Oregon. Despite fears of a recession earlier this year, Oregon’s economy remains stronger than much of the country. Source: Pamplin Media Group – Oregon retailers see good […]
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Oregon’s median household income surpasses US median

Oregon’s median household income is higher than the median household in the United States for the first time since at least 1969, according to the state’s newest quarterly economic and revenue forecast. The current median household income in Oregon is around $63,400 according to the Oregon Office of Economic Analysis. For the U.S., it’s around $62,000. Source: […]
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Oregon Insight: housing starts rising – but new arrivals coming faster

Oregon housing construction nearly ground to a halt in the aftermath of the Great Recession, with the number of new homes under construction falling by nearly 80%. The economic slowdown didn’t stop new residents from moving here, though, and the resulting squeeze was one of the main reasons why house and apartment prices soared at […]
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Oregon officials confirm ‘kicker’ rebate on 2019 tax returns

Many Oregonians will receive an extra credit on their taxes this year due to the tax surplus last year. Source: Oregon officials confirm ‘kicker’ rebate on 2019 tax returns