Index confirms Oregon’s slowed economic recovery


Oregon’s slow economic recovery slowed even more this year, due to high fuel and commodity prices.

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Oregon’s slow economic recovery slowed even more this year, due to high fuel and commodity prices, according to the latest University of Oregon Index of Economic Indicators.

“It looked like (the economy) was picking up a little bit at the end of last year, and some of those hopes have been dashed in the first part of this year,” said the index author, UO economist Tim Duy.

But the economy is still in recovery, he said. Compared with six months ago, the index is up 4.3 percent, and almost all of its seven components have improved since then, he said.

Read more at The Register-Guard.

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