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Oregon Economic and Revenue Forecast, December 2022
This morning the Oregon Office of Economic Analysis released the latest quarterly economic and revenue forecast. For the full document, slides and forecast data please see our main website. Below is...
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Oregon’s Income Distribution
At times data can be confusing, or at least our interpretation can be confusing when there are seemingly different messages about the same subject. Look no further than Oregon incomes. On one hand our...
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Social Security’s Macro Impact (Maps of the Week)
Starting in January, Social Security benefits will increase by 8.7 percent, the largest cost-of-living-adjustment in the past 40 years. Of course the large COLA is a direct result of the high...
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Oregon Population Growth 2022
Last week the Census Bureau gave Oregon a lump of coal*, I mean they released the 2022 population estimates for the nation and states. We need to talk about it. Consider this post a down payment, with...
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Working from Home During the Pandemic
There has been no bigger economic shift in the past three years than working from home (WFH), primarily for white collar type employees, and the impact on urban cores nationwide. While our traditional...
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Upcoming 2022 County Population Estimates from Census
On Thursday (March 30th) Census will release nationwide population estimates at the county level. We already have Portland State’s county estimates for Oregon, and state estimates from Census. We know...
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5 Things about the 2022 County Population Estimates
No, I’m not trying to be clickbaity, or bump our SEO here, but I have now had a few days to begin to digest the 2022 county population estimates that Census released last week. Here are a few things...
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Oregon’s Marijuana Outlook
Today is April 20th and there has likely never been a better time to be a cannabis consumer in Oregon. Prices are at record lows, having fallen significantly in the past couple of years. Given the...
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Oregon’s Shifting Composition of Growth
If we step back and look at the economic cycle to date, it is clearly different than others in recent decades. Typically, Oregon is more volatile than the nation and the typical state. While...
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Homeownership in Oregon, a Simpson’s Paradox Example
The racial homeownership gap is real. It impacts economic opportunities, embeds city and neighborhood segregation, and is a big contributor to wealth inequality. In Oregon, Black, Indigenous, and...
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Outdoor Recreation in Oregon
Summer is just around the corner. And if you’re anything like me, you are looking forward to getting outside and enjoying many of the scenic and recreation opportunities around the state. Oregon Parks...
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Economic Recovery by Geography, an Update
The nation’s largest metro areas are adding jobs at a faster pace than the rest of the country in the past year. That sentence was true for the entirety of the 2010s, but it is also true today. At...
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Oregon’s Age Distribution
I hope everyone had a good Fourth of July. We have been digging into state and regional comparisons a bit more recently — and I have a couple more in the works — but one item we may not always think...
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Public Sector Balances and Interest Earnings
I really need to stop it with the clickbait headlines, but sometimes things are as simple as they seem, at least in retrospect. One outcome from the inflationary economic boom in recent years has been...
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Downtown Recoveries, 2023 Update
We know there have been structural changes as a result of the pandemic. Chief among them is working-from-home is much more common, which impacts urban cores in terms of daily activity and property...
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Scenic Areas, Wealth, and Industrial Structure
Scenic areas around the country have local economies with a larger travel and tourism component. If people from outside the area come to visit, they are going to need places to stay, food to eat,...
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Update on Population Growth in 2023
Unfortunately standard demographic and population data lags considerably. If you want to talk migration details we are still primarily working with 2020 IRS tax return data, and 2021 ACS estimates...
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State Productivity and Labor Growth (Graph of the Week)
Our office’s next forecast is coming out next Wednesday, August 30th. We spent time last forecast talking about how this current cycle is different. Oregon is growing faster due to capital investment...
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Oregon and the Chips and Science Act
Included in the recent federal legislation was a big incentive program to increase domestic semiconductor manufacturing. In recent years there have been a handful of large, semiconductor announcements...
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2022 Migration: Who Left?
This morning Census released the published tables for the 2022 American Community Survey. This is the key data source for all socio-economic characteristics. It gives us detailed information on income...
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