MARCH 2009: INDICATORS, THE STATE WE’RE IN All “latest” numbers are for December 2008 unless otherwise noted. Latest Month Previous Month Previous Year Annual Change REAL ESTATE/CONSTRUCTION PERMITS Portland-area homes New listings 1,880 2,687 2,276 -17.4% Willamette Valley Multiple listing sales, millions $77.1 $93.5 $116.8 -34.0% Central Oregon Multiple listing sales, millions $50.8 $53.5 $98.5 … Read more
Oregon is dominated by small daily and weekly papers. While they haven’t dodged the recession’s wrath, in today’s declining newspaper market smaller is turning out to be better.
Oregon’s unemployment rate is among the highest in the country and is heading toward double digits. If employment does not improve, one out of every 10 Oregonians will be looking for work by the middle of the year.
It’s no surprise given the state’s alarming employment trends that one can hardly throw a shoe these days without hitting a politician who claims to be creating jobs.
It was one of the most important days of the season for Mt. Bachelor Ski Resort, midway between Christmas and New Year’s, and the conditions were not pretty.
You know times are hard when you can count on one hand the public companies that gained over the past year.
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In 2008, wheat prices soared to a whopping $16 per bushel and then plummeted to $5.50 by the end of the year.
“If anyone in business is under 40, they haven’t been through this stuff. When you’re an old guy, you have a model of how to get through it.”
In the race to cure malaria, the devastating disease that claims 1 million lives each year, every development is critical. The deadliest strain has grown increasingly resistant to chloroquine, the safest and cheapest anti-malarial drug available.