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Business filings remain sluggish

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Wednesday, October 21, 2009

New Oregon corporations and limited liability companies (LLCs) declined 11% and 6% respectively in the first eight months of 2009 compared to 2008. LLC filings continue to outpace corporations by more than two to one, yet corporations still account for slightly more of the active filings (32%) than LLCs (30%), which have grown 89% in the five years since August 2004. Assumed business names and LLPs/LPs have eroded 3% and 7% during the same period.

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