By Oregon Employment Department Release, In Oregon, nonfarm payroll employment grew by 6,900 in May, following monthly gains averaging 11,400 in the prior four months. Monthly gains in May were largest in private education (+3,400 jobs); professional and business services (+2,900); construction (+900); and financial activities (+900). Only one major […]

By Oregon Small Business Association, Oregon small business owners are outraged that Oregon will be among the few states that will be raising taxes on small businesses in the pandemic thanks to SB 139 which passed the Senate. Despite record level budget surplus and opposition from both Democrat and Republican […]

US Senator Ron Wyden Press Release, U.S. Sen. Ron Wyden co-sponsored legislation that would require the U.S. Soccer Federation to agree to providing equitable pay to both the women’s and men’s national teams in order to receive federal funds related to the 2026 World Cup. “The U.S. Women’s National Soccer […]

The National Retail Federation, The National Retail Federation issued its revised annual forecast for 2021, anticipating that retail sales will now grow between 10.5 percent and 13.5 percent to more than $4.44 trillion this year as the economy accelerates its pace of recovery. The announcement was made during NRF’s inaugural […]

Tim Duy University of Oregon State of Oregon Economic Indicators Below is the University of Oregon State of Oregon Economic Indicators for March 2021. The release date is June 8, 2021. Special thanks to our sponsor, KeyBank. Link to full report (with charts!) here. The Oregon Measure of Economic Activity, […]

By Anthony K. Smith NFIB, Lawmakers are characterizing the latest state revenue forecast as “stunning” and “unbelievable.” State economists are now predicting a $1.4 billion kicker refund for Oregon taxpayers and more than $1 billion in additional revenue for the Legislature to spend in each of the next several biennia, […]

By Oregon Small Business Association, On Monday June 14th, The Oregon Senate Finance and Revenue Committee debated and voted to pass SB 139 which raises tax rates on family owned small businesses.   It raises the tax rate for pass through entities like LLCs and partnerships.  This tax only hist these […]

By Josh Lehner, Office of Economic Analysis, Economic growth is surging as the pandemic wanes. Thanks to federal fiscal policy, consumers have higher incomes today than before COVID-19 hit. Now they are increasingly allowed to and feel comfortable resuming pandemic-restricted activities like going out to eat, on vacations, getting haircuts […]

By Oregon Restaurant and Lodging Association, Reopening Oregon – According to the latest information on the Oregon Health Authority website and today’s press conference with Governor Brown, we are at 67.2% of Oregonians having received their first vaccine. Approximately 90,000 more Oregonians need to get in line to trigger the […]

By NFIB, The NFIB Small Business Optimism Index fell 0.2 points in May to 99.6. May saw a slight pause in the recovery of small business optimism after steadily increasing each month in 2021. As reported in NFIB’s monthly jobs report, a record-high 48% of owners reported unfilled job openings. […]