Oregon economic gap grows


The gap between Oregon’s metro area economies widened in February.

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The gap between Oregon’s metro area economies widened in February.

Portland’s economy is expanding at a faster than average pace, the UO Regional Economic Indexes show. Central Oregon and Eugene are growing just below their post-1998 norm. But the Rogue Valley and Salem economies are lagging well below that mark.

The measures combine a host of indicators — from home sales to unemployment claims — to track the health of regional economies. UO Economist Tim Duy then averages the data to account for month-month volatility.

Read more at OregonLive.com.

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