Oregon’s economy improved slightly in December, nearing its average mark over the last two decades.
Oregon’s economy improved slightly in December, nearing its average mark over the last two decades.
The Oregon Measure of Economic Activity rose to a three-month moving average reading of -0.46, up from -0.65 in November.
Manufacturing production hours and service sector jobs boosted the reading, while a housing permit decline and Oregon’s high unemployment rate weighed on growth, said UO economist Tim Duy, who gathers the data.
Read more at OregonLive.com.
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