July 2018 Oregon Regional Indicators Plus a Reminder to Register For This Year’s Forum

First: Don’t forget to register for this year’s Oregon Economic Forum! You won’t want to miss our exciting lineup of speakers this year! For more information, click on link below.

15th Annual Oregon Economic Forum

Reaching for Economic Equity and Inclusion in the Second Gilded Age

October 17, 2018
Portland Waterfront Marriott
7:00–11:00 AM
Breakfast begins at 7:00 AM
Speakers begin at 7:45 AM

Keynote Speaker: Heather Boushey, Executive Director and Chief Economist, Washington Center for Equitable Growth.

Second: Recent media mentions:

KVAL interview on the Oregon economy (state economist Josh Lehner also interviewed).
Macro Musings podcast on the Yield Curve, Inflation Targeting, and the Federal Reserve.
Bloomberg interview on monetary policy.
Washington Post story on the financial crisis of 2008.
New York Times story on new San Francisco Federal Reserve President
Interview with Oregon Business magazine.
And, finally, my Bloomberg column this week.

Third: Below is the University of Oregon Regional Economic Indexes for July 2018.

Link to full report (with charts) here.

Oregon’s major metropolitan areas continued to benefit in July from the nation’s protracted economic expansion. Highlights of this month’s report include: Continue Reading

July 2018 Statewide Indicators Plus a Reminder to Register For This Year’s Forum

First: Don’t forget to register for this year’s Oregon Economic Forum! You won’t want to miss our exciting lineup of speakers this year! For more information, click on link below.

15th Annual Oregon Economic Forum

Reaching for Economic Equity and Inclusion in the Second Gilded Age
October 17, 2018
Portland Waterfront Marriott
7:00–11:00 AM
Breakfast begins at 7:00 AM
Speakers begin at 7:45 AM

Keynote Speaker: Heather Boushey, Executive Director and Chief Economist, Washington Center for Equitable Growth.

Second: For more information on the national economic situation and the Federal Reserve, don’t forget to visit Tim Duy’s Fed Watch.

Third: Below is the University of Oregon State of Oregon Economic Indicators for July 2018. Please be sure to download the full report – now expanded to include additional charts of the economic measures used to construct the UO Index!  

Link to full report (with charts) here.

The Oregon Measure of Economic Activity rose to 0.98 in July from an upwardly revised June reading of 1.06. Highlights of this month’s report include: Continue Reading

June 2018 Oregon Regional Economic Indicators

In case you missed it, registration is now available for:

15th Annual Oregon Economic Forum

Reaching for Economic Equity and Inclusion in the Second Gilded Age
October 17, 2018
Portland Waterfront Marriott
7:00–11:00 AM
Breakfast begins at 7:00 AM
Speakers begin at 7:45 AM


June 2018 Oregon Regional Economic Indicators:

June was another month of solid expansion for Oregon’s major metropolitan areas.

Link to full report (with charts) here.

Highlights of this month’s report include: Continue Reading

June 2018 Oregon Statewide Economic Indicators

First, in case you missed it, registration is now available for:

15th Annual Oregon Economic Forum

Reaching for Economic Equity and Inclusion in the Second Gilded Age

Registration available!

Second, for coverage of the national economy, please visit Tim Duy’s Fed Watch.

Third, for more on the national economy, please visit Tim Duy at Bloomberg Opinion.

Finally, the June 2018 Oregon Statewide Economic Indicators:

Good morning.  Below is the University of Oregon Regional Economic Indexes for June 2018.  The release date is today, August 3, 2018. We thank KeyBank for their generous support of this project.

Link to full report (with charts) here.

The Oregon Measure of Economic Activity slipped to 0.76 in June from an upwardly revised May reading of 0.94. Highlights of this month’s report include: Continue Reading

May 2018 Oregon Regional Economic Indicators

In case you missed it, save the date for this year’s Oregon Economic Forum.

Good morning.  Below is the University of Oregon Regional Economic Indexes for May 2018.  The release date is today, July 13, 2018. We thank KeyBank for their generous support of this project.

Link to full report (with charts) here.

Oregon’s major metropolitan areas continued to post solid economic numbers in May.  Highlights of this month’s report include:

  • For all regions covered by this report, moving average measures (which smooth monthly volatility) were solidly above zero, indicating an above-trend pace of activity (trend activity differs across regions).
  • The Trade, Transportation, and Utilities Employmentcomponents were again generally weak; this appears to be largely a correction from substantial gains earlier this year.
  • A slowdown in multifamily housing permits created a slight negative contribution for the Portland measure; the sector may be pulling back after last year’s gains. In contrast, multifamily housing permits helped boost the Salem measure.
  • Record low unemployment rates are making large positive contributions to the measures.). Low levels of unemployment claims still signal that job growth is likely to continue for the foreseeable future.
  • An acceleration in airport passenger growth provided an unusually large contribution to the Eugene measure (steady growth often holds the contributions near zero, or neutral).

Media Contacts:

Tim Duy – 541.346.4660 (w)