Energy Prices, Recession Risk, and What the Latest Economic Forecast Means for Business
Information as of May 20, 2026 Rising energy costs are reshaping the economic outlook — and businesses across the country are feeling it. With oil prices more than doubling from roughly $50 per barrel last quarter to approximately $107 today, the ripple effects on inflation, consumer spending, and recession probability are significant. Economists now estimate […]
Oregon Update April 14, 2020 & Federal CARES Act
At link and attached is the Legislative Policy and Research Office summary of the federal CARES Act. Unemployment Senator Boquist sent me this unemployment by sector chart which I found interesting: Main Street America MSA conducted an online survey last week to assess the impact of COVID-19. More than 5,850 small businesses responded to the […]
Oregon Covid-19 Update
Today Situation Status Report is attached… Though the overall numbers are increasing, our ratio of positive results still remains right around 5%. That’s much lower than the national average (still over 19%). I thought this was an interesting new piece: Figure 1. Reported signs and symptoms for all confirmed COVID‐ 19 cases (n=1099) Rapid testing is […]
Oregon Economic Forecast
From Cindy Robert at Rainmakers Government Strategies Yesterday the Office of Economic Analysis presented its second economic and revenue forecasts of the 2019-2021 biennium. The general outlook is that there has not been any significant changes since the previous forecast for the State of Oregon but at the US level there is still a fear of recession. A […]
Oregon Economic Forecast
Today, the Office of Economic Analysis presented its sixth of eight economic and revenue forecasts of the 2017-2019. This forecast is somewhat critical in that it is used to develop the Governor’s Recommended Budget for the 2019-2021 biennium which will be released in early December. For the current biennium, revenues continue to beat predictions and as a result, the […]
Oregon Election Results
Clearly, the Blue Wave came from the Pacific Ocean with the largest swell crashing onto Oregon. And it was extreme with voter turnout thus far higher than 60% – higher than any previous mid-term election in Oregon. In a close race, Governor Brown was re-elected to serve a second term – the timing of her taking […]
Today’s State Revenue Forecast – Oregon
Today the Office of Economic Analysis presented its third economic and revenue forecasts of the 2017-2019 biennium. Oregon’s economy continues to grow. However, Oregon’s overall growth is slowing with the loss of nearly 9,300 jobs and personal income down nearly a half billion from the December forecast. This forecast is one that is marked with a great […]