Tag Archives: Office of Economic Analysis (OEA)

On the Rise: Single-Person Households | Oregon Office of Economic Analysis

The other week The Wall Street Journal had a fascinating article on the rise of single-person households and how companies are offering and redesigning products to better meet the needs of individuals rather than those of, say, a family of four. State Library Ed. Note: If you cannot access directly from the Wall Street Journal, […]
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Eugene-Springfield Economic and Housing Outlook | Oregon Office of Economic Analysis

Like Oregon overall, job growth in Lane County has slowed in recent years as the regional economy begins to approach full employment. However, as we have discussed before, Eugene-Springfield underwent major structural changes during the Great Recession. In particular the manufacturing losses of the RV industry and the chip plant still weigh on economic data […]
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Oregon Births and Deaths, Part 3 | Oregon Office of Economic Analysis

Previously in Part 1 we looked at the big picture for Oregon births and deaths and across counties. In Part 2 we explored the declining birthrate. Today in Part 3 we will look at the rise in Oregon deaths, which are expected to outnumber births by the middle of next decade. As with the low […]
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Oregon Births and Deaths, Part 2 | Oregon Office of Economic Analysis

Part 1 looked at the natural increase in Oregon’s population, how it is expected to turn negative next decade and how half of Oregon counties already see deaths outnumber births. Today in Part 2 we will examine Oregon’s relatively stable, or stagnant, total number of births which is expected to continue in the decade ahead. Source: […]
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Oregon sees huge windfall in tax revenue

Economist warns the surge in revenue is only temporary. As Oregon continues to rake in historic amounts of revenue, state economists warned Wednesday that budgeters should plan wisely as a recession could be over the horizon. The state will take in nearly $870 million more than what was initially forecast just three months ago, according […]
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Labor Supply Update and Thoughts on the Outlook

As Oregon’s labor market continues to transition down to more sustainable rates of growth, our office and our advisors keep coming back to the question of where the labor will come from. Obviously there are two main sources: current residents who are not working today and new residents moving into Oregon. The real question is […]
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Lifting the Hood on Oregon’s Transfer Payments | Oregon Office of Economic Analysis

Over the past decade or two, transfer payments have become a larger source of personal income here in Oregon and across the country. Transfer payments are basically benefits paid for by the government for citizens who are generally either older (Social Security) or low-income (SNAP, Medicaid, Unemployment Insurance, etc). As such, this rise in transfer […]
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Estate Tax Update

Here is a quick, updated look at estate taxes in Oregon. This is a follow-up, as promised, to our recent work looking at the income distribution and wealth. Recent years have brought record-breaking estate tax collections that have been significantly stronger than our office’s forecasts. Along with our friends at the Department of Revenue and […]
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Middle-Wage Jobs Are Almost Back (2018 Job Polarization Update)

Job polarization is the academic term for when high-wage and low-wage jobs grow quickly while good-paying, family-wage jobs bear the brunt of recessions and don’t tend to come all the way back in expansions. Now, some of these changes in the labor market are good news, like the growth in high-wage jobs which has lead […]
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Future Economic Growth in Oregon | Oregon Office of Economic Analysis

Economic growth over the long run is determined by the number of workers and how productive they are. The main reason Oregon outperforms the typical state over the entire business cycle is our stronger population growth. In particular, the influx of young, skilled households boosts our economic potential as our working-age population increases faster than […]
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