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|Monday, June 01, 2009|
Local rock climbers in Bend are clinging to their gym membership as if they were hanging off a sheer mountainside. And with an imploded housing market and unemployment at 17%, the city is teetering on a cliff. Yet Bend-based Inclimb Rock Gym is planning to move into a larger building in July, an expansion plan that’s echoed at several Portland gyms.
“It’s kind of a response to the recession,” says manager Bevin Hess. “The building we’re in got bought right before the market crashed. They have plans to demolish it, so we decided to go the opposite route and expand.”
Though some clubs have seen membership remain flat, Inclimb and other fitness clubs around the state are following a national trend. According to trade magazine Fitness Business Pro, the fitness industry will not be as drastically affected by the recession as others. Research company IBISWorld projects 4% growth in the fitness industry this year. IBISWorld ranks the fitness industry fifth in projected growth, behind industries like video games and biotechnology.
In the Portland area, the YMCA of Columbia-Willamette is considering a new gym, though it’s based on need rather than profit. The YMCA and Gresham are discussing plans for a new YMCA in the Rockwood neighborhood. YMCA spokeswoman Tammy Spencer thinks people use fitness to regain control over their lives. “Folks might not be able to do anything about the stock market and economy,” says Spencer, “but they can do something about their health.”
24 Hour Fitness and L.A. Fitness are also expanding in Portland. There are a dozen 24 Hour Fitness clubs in Oregon, almost all in Portland. A 13th will open on Southeast McLaughlin in August. In January, L.A. Fitness opened its fifth location in Portland and plans a sixth this summer.
“People still need to be healthy. It’s something that people still hold high on their value list,” says Tyron Manlove of the L.A. Fitness on Northwest Northup.
Wednesday, October 22, 2014
BY JASON NORRIS
Historically, when the leaves fall, so do the markets. This year, earnings, Europe, energy and Ebola have in common? Beyond alliteration, they are four factors that the investors are pointing to for this year’s seasonal volatility.
Thursday, December 04, 2014
BY DEBRA RINGOLD | OP-ED CONTRIBUTOR
How important are institutional and/or program evaluations provided by third parties in selecting a college or university program?
Thursday, December 11, 2014
BY APRIL STREETER
Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.
Friday, October 24, 2014
A majority of respondents agreed: Local vineyards should remain Oregon-owned and quality is the most important factor when determining where to eat or buy groceries.
Thursday, December 11, 2014
BY OREGON BUSINESS STAFF
An SEC rule targets the disparity between executive and employee compensation, reigniting a long-standing debate about corporate social responsibility.
Friday, October 31, 2014
BY LINDA BAKER | OB EDITOR
Why are there so few transportation startups in Portland? The city’s leadership in bike, transit and pedestrian transportation has been well-documented. But that was then — when government and nonprofits paved the way for a new, less auto centric way of life.
Saturday, December 13, 2014
Checking in with the managing director of Arnerich Massena.
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|Fed stresses 'patience' regarding interest rate|
|Obama to announce end of Cuba isolation|
|Energy prices drop cost of living in US by most since 2008|
|Russia's attempt to slow ruble freefall fails|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
Port of Morrow's business-ready attitude has a surprising global impact.
Through its support of the arts, the Cultural Trust is strengthening the business community.
Heed the morals of these seminal holiday stories in your everyday life.
Amy will practice in the firm's Business, Real Estate, and Tax practice groups.
While the Bend City Council ultimately upheld the approval which enables OSU-Cascades to move forward with the 10 acre site, it did also thoughtfully consider the nature of its code requirements, resident concerns and OSU-Cascade’s efforts and suggestions and crafted conditions of approval to address potential impacts of the site in the area.