Oregon’s economy fell in June as hiring slowed in construction, transportation, finance and private education.
Oregon’s economy fell in June as hiring slowed in construction, transportation, finance and private education.
The Oregon Measure of Economic Activity dropped to a reading of -0.19 in June, from an updated 0.39 in May. Zero is an estimate of Oregon’s average growth rate since 1990.
June’s sluggish job gains, continued labor force issues and slowing activity at the Port of Portland all were a drag. Residential permits also edged down.
Read more at OregonLive.com.
