Fourth Quarter 2014 Central Oregon Business Index

The Central Oregon Business Index slipped after several quarters of fairly steady gains. The Central Oregon Business Index was at 124.8 (1998=100) during the final quarter of 2014 compared to a revised 125.1 the previous quarter. Compared to the same quarter last year, the COBI is up 3.5 percent. The COBI’s decline this quarter is attributable to some expected declines in a few indicators with very rapid gains in previous quarters and does not indicate a fundamental change in the underlying economy. The recovery in Central Oregon remains intact; expect continued improvement on the back of ongoing growth in the national and state economies.

The full report is available here.

Special thanks to the Bend Bulletin for sponsoring this project.