Portland’s economy grows


Portland’s economy expanded faster than normal in July, topping the rest of the state, according to a University of Oregon index.

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Portland’s economy expanded faster than normal in July, topping the rest of the state, according to a University of Oregon index.

The new data show the metro-area economy is expanding slightly faster than its overall average since 1998. Its growth clip has outpaced the rest of the state for the past year.

The indexes track changes in housing, employment and tourism data in five Oregon metro areas: Portland, Salem, Eugene-Springfield, Central Oregon and the Rogue Valley.

The measures show that every region but Portland is growing more slowly than normal.

Read more at OregonLive.com.

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