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|Wednesday, June 24, 2009|
More than 70,000 visitors travel to Josephine County each year to tour the Oregon Caves, a series of marble caverns several miles long that open at an elevation of 4,000 feet. According to the monument’s superintendent, the caves attract $2.6 million a year in direct spending and $4.6 million in indirect spending, supporting about 84 jobs. Last month, Rep. Peter DeFazio and Sen. Ron Wyden introduced legislation to expand the Oregon Caves National Monument by more than 4,000 acres to protect natural resources and increase recreational and economic development opportunities.
“The caves impact the county; there’s no question about it,” says Steve Dahl, Grants Pass economic development coordinator. “Tourists come for the caves and then take a jet boat ride on the Rogue River or visit one of the local wineries.” Some of these tourists also spend their vacation money at the Chateau. The lodge hires 40 seasonal employees, buys local produce and wine for its restaurant and has sold $150,000 worth of local art since 2002.
Scott Taylor, owner of Taylor’s Country Store and Restaurant in Cave Junction, says the Oregon Caves improve his business. “If people are traveling from afar trying to see the redwoods, the caves are a side trip,” says Taylor.
In Josephine County, tourism dollars are an important aspect of the economy. The leisure and hospitality industry is one of the largest employers. But revenue from top employers isn’t enough to replace the timber industry. The county closed all public libraries two years ago and has the fifth-highest unemployment in the state.
“I don’t think tourism has totally replaced timber revenues,” says Bob Schumacher, executive director of the Illinois Valley Community Development Organization, the lodge’s nonprofit concessionaire. “But the Chateau has brought a flow of outside money into the community.”
Even if that flow doesn’t surge like the Rogue River, on hot summer days it refreshes the local economy.
Tuesday, August 18, 2015
BY JASON NORRIS | CFA
Earlier this month, the People’s Bank of China (PBoC) announced they were going to devalue their currency, the Renminbi. While the amount of the targeted change was to be roughly 2 percent, investors read a lot more into the move. The Renminbi had been gradually appreciating against the U.S. dollar (see chart) as to attempt to alleviate concerns of being labeled a currency manipulator.
Wednesday, July 15, 2015
Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.
Monday, August 03, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
You may have noticed the photos of our rural health innovators departed from the typical Oregon Business aesthetic.
Monday, July 13, 2015
BY KIM MOORE
Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.
Thursday, August 27, 2015
BY LINDA BAKER
How do you put a baby on the cover of a business magazine without it looking too cutesy?
Tuesday, July 28, 2015
BY JASON NORRIS
Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.
Tuesday, July 14, 2015
The Big One serves as an allegory for Portland, a city that earns plaudits for lifestyle and amenities but whose infrastructure is, literally, crumbling.
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|University of Oregon plans facility named after Marcus Mariota|
|Facebook doesn't need to know everything about you|
|Hackers access more than 225k Apple accounts|
|Companies offer wearables for your dog|
|Umatilla targets homeless camps|
|Obama has votes for Iran deal|
|A Bouquet of Beer in Bend|
For good or ill, gay marriage inspires many people. They have strong feelings about it. Sometimes those strong feelings are grounded in religion and sometimes they are not. When the workplace is added to the mix, emotions tend to run high. After giving an overview of two current situations, The Bullard Edge is going to outline three key points for consideration and clarity.
Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
Attendance, breakfast buffet, materials, certificate of attendance and parking are all complimentary on behalf of the firm.
New regulations are in effect and more updates are on the horizon, are you prepared?
The Oregon Entrepreneurs Network (OEN) is pleased to announce 16 finalists — from over 60 nominees — for the 2015 OEN Tom Holce Entrepreneurship Awards.