The necessities — health care, schools — were able to grow in step with the bevy of new residents.
The necessities — health care, schools — were able to grow in step with the bevy of new residents.
The Great Recession reordered the business landscape in and around Bend and in many sectors. About 12 percent of all county retail businesses — the category that includes furniture stores — in 2007 were gone five years later, according to data released earlier this year. Tourism- and recreation-oriented businesses suffered, along with real estate and financial firms. Construction took the worst hit as the housing market ground to a halt.
Conversely, as Central Oregon continued to draw new residents and changes took place in the health care industry, demand for new clinics and schools ensured steady growth in those sectors. And today, even construction and tourism have regained some of the ground lost in the downturn.
Read more at the Bend Bulletin.
