Oregon’s second-quarter exports rise 6 percent, compared to the 2 percent national figure.
Exports from Oregon rose from $3.2 billion to $3.4 billion in the second quarter. However, the current figure is still down from the same period last year.
“It’s not much of a bounce back, but it arrests the free-fall feeling,” said Tom Potiowsky, state government’s chief economist. “The recession is starting to bottom out. We’re seeing an end to this thing, and China’s economy has marginally picked up.”
Along the West Coast, trade graphs showed the same ski-jump pattern. California exports bounced up during the second quarter, by 4 percent, after an extended descent. Mexico, Canada and China led the turnaround, which was also fueled by high-tech sales.
Read the full story at OregonLive.com.
