Home Back Issues July 2011 The comeback trail

The comeback trail

| Print |  Email
Articles - July 2011
Wednesday, June 22, 2011

This year's Private 150 list points to some encouraging news about the state’s economy.

The average annual revenue for this year’s group is up 7.7% over last year’s —$213.4 million. Total revenue for the 150 companies was $32.0 billion versus $29.7 billion last year. There were five companies with more than a billion in revenue this year. In 2010 there were just two.

You would think that this positive trend would have companies clamoring to tell their good news growth stories, but that’s not the case. You’ll notice there are some big companies missing from the list. It’s not because they aren’t growing. Our guess is that many of them are. But they decline to state their revenue figures, even though we list companies in a range of revenue, and don’t reveal their exact number. (Come on, the Private 150 shouldn't be that private.)

That’s a shame because if we could calculate the real total revenue growth for the state, that would give us a great barometer of where we are in digging out of our economic hole. It could not only give us hope but give us a good chart of what industries are doing well, where the job growth is and where investment might be wisest.

Here’s what we know from this year’s crop:

  • Nine out of 12 wholesale distribution companies had higher revenues this year over last year.
  • Eight out of 12 forest products companies had higher revenues this year over last year.
  • Six out of 11 professional services companies had higher revenues this year over last year.
  • Seven out of 13 retail and hospitality companies had higher revenues this year over last year.
  • Five out of 15 construction and contracting companies had higher revenues this year over last year.

But growth hasn’t been limited to the largest companies, as our cover story on Bend shows. No area flew higher during the real estate bubble, and arguably no community crashed harder than Bend. It was the canary in the coal mine. In 2007, the real estate markets in Central and Southern Oregon were the first to fall and Bend took one of the nation’s sharpest plunges in its housing market.

We set out to find out how a community recovers from economic meltdown. What we found was surprising. After spending a week in Bend recently, we came away with many examples of small, healthy endeavors that are creating jobs and helping bring the area back to life. Large or small, all of these signs of recovery are welcome news.

robin-BLOG




Robin Doussard
 

More Articles

Powerlist: Colleges and Universities

September 2014
Wednesday, August 27, 2014
BY KIM MOORE

A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.


Read more...

Green Endeavor cleans up

News
Wednesday, August 06, 2014
080614 ULnew greenendeavorBY LINDA BAKER | OB EDITOR

Portland startup Green Endeavor strikes gold, inking a partnership with Underwriters Laboratories, an Illinois-based consulting and certification company with offices in 46 countries.


Read more...

Podcast: Interview with Pete Friedes

Contributed Blogs
Wednesday, August 27, 2014

082714-thumb friedesbookTom Cox interviews Pete Friedes, author of "The 2R Manager," about becoming a Best Boss.


Read more...

Molecular Movies

September 2014
Wednesday, August 27, 2014
BY LINDA BAKER

Dr. Chong Fang isn’t God. But the assistant professor of chemistry at Oregon State University is getting closer to figuring out how he put everything together. 


Read more...

Managing family assets: The importance of planning ahead

News
Friday, August 22, 2014
Unknown-1BY CLIFF HOCKLEY |  OB GUEST CONTRIBUTOR

When business intersects with family, a host of  situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.


Read more...

Who said we should sell in May?

Contributed Blogs
Friday, July 18, 2014
BullMarketBY JASON NORRIS | OB GUEST CONTRIBUTOR

Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”


Read more...

Updated: Disrupting innovation

News
Tuesday, July 08, 2014
070814 thumb disputive-innovationBY LINDA BAKER  | OB EDITOR

The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation  — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment. 

Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.


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