Hood River economy holds steady

| Print |  Email
Sunday, March 01, 2009

hoodriver.jpg Hood River has seen dozens of new businesses open and the county has the third-lowest jobless rate.

HOOD RIVER The recent closings of five Hood River businesses, including the historic Columbia Gorge Hotel, has created concern about the town’s overall economy. Yes, the hotel is in trouble and several businesses — Hood River Chrysler Jeep Dodge, Hood River Ford Mercury, Abruzzo Italian Grill, and the Panzanella bakery — have shut down. But local business officials say that the city of around 7,000, which relies heavily on its agriculture, sports recreation and tourism industries, is doing fine.

The weakened economy hasn’t deterred local entrepreneurs from bringing a variety of new businesses to the area. Over the past year, Hood River has seen the addition of 29 businesses, most of which center around the town’s tourism industry, says the local chamber. New businesses include several restaurants, retail shops, art galleries, a museum and a salon. And the county has the third-lowest unemployment in the state at 6.6%.

“Business has slowed,” says Stu Watson, coordinator for the Hood River Downtown Business Association. “But we are optimistic that in this economy, there are still people with steady incomes that are going to want to vacation, dine out and shop here.”

During the winter months, the town’s economy depends mainly on tourists drawn to the area by Mt. Hood Meadows Ski Resort. Although hazardous winter weather conditions limited early-winter travel, the area saw business increase during January, says Greg Colt, president of the business group. Bill Fashing, the county’s economic development coordinator, adds that there is no indication that the bottom of the tourism market has fallen out.   

“In a town this size, you know almost everyone. But when I go out to a restaurant or a coffee shop, I’m still seeing quite a few faces I don’t recognize,” says Colt. “When I stop seeing those faces, then I’ll worry.”

Fashing also notes that there are a number of other business sectors that are doing well, and have not yet faced major layoffs. Although based across the river in Bingen, Wash., unmanned aircraft systems manufacturer Insitu has boosted the town’s economy.  

But Fashing warns that while business in the area is holding steady and unemployment is fairly low, that could change quickly as consumer spending patterns change.

“Any industry that depends on the leisure discretionary dollar is struggling,” says Watson. “Businesses need to look long and hard at staffing and cost factors, and adjust to changing times. If they don’t, they might not survive.”      
NICOLE STORMBERG


Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

More Articles

No Boundaries

June 2015
Friday, May 22, 2015
BY AMY MILSHTEIN

Floor plans embrace the great wide open.


Read more...

Hall of Flame

June 2015
Friday, May 22, 2015
BY JACOB PALMER

A Power Lunch at Oswego Grill.


Read more...

An uncertain future

Guest Blog
Thursday, May 21, 2015
norristhumbBY JASON NORRIS | GUEST BLOGGER

Uncertainty is a part of doing business, whether in through the lens of investment opportunities and risks or the business of running an enterprise.


Read more...

100 Best Green Workplaces announced

News
Wednesday, May 27, 2015
OBM-100-best-Green-logo-2015-1000pxwBY LINDA BAKER | EDITOR

More than 250 people turned out today for Oregon Business magazine’s seventh annual celebration of the 100 Best Green Companies to Work For in Oregon.


Read more...

Oregon needs a Grand Bargain energy plan

Linda Baker
Monday, June 22, 2015
0622-gastaxblogthumbBY LINDA BAKER

The Clean Fuels/gas tax trade off will go down in history as another disjointed, on-again off-again approach to city and state lawmaking.


Read more...

Photo Log: The 2015 100 Best Green Workplaces in Oregon

The Latest
Wednesday, May 27, 2015
greenthumbPHOTOS BY JASON E. KAPLAN

Oregon Business celebrated the 100 Best Green Workplaces with an awards luncheon yesterday at the Nines Hotel in downtown Portland.


Read more...

Sun set

June 2015
Friday, May 22, 2015
BY CHRIS NOBLE

The right sunglasses can protect your eyes and look cool at the same time. This being the 21st century, select shades are socially conscious, too. Portland brand Shwood uses wood and other natural materials and manufactures locally. Founded by Ann Sacks, the brand Fetch dedicates a portion of its profits to animal welfare. But whether you choose classic tortiseshell or aviator chic, please, shed the sunglasses when you walk in the door — and, of course, at night. 


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS