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|Articles - September 2011|
|Wednesday, August 24, 2011|
We enter the fall with renewed worry over the economy, losing business optimism locally, nationally and globally. Our readers, who were surveyed in late July for this month’s Input, were asked if they thought things in their region were on the right track or headed in the wrong direction. By a large majority, they said they thought things were headed in the wrong direction, with the gap between the optimists and the pessimists widening since 2008.
At the same time, small-business owners were being surveyed nationally by the National Federation of Independent Business and the results were no less disheartening. According to the NFIB survey, only 10% of small-business owners planned to hire. This is a group that has in the past led the hiring rebound post recession, so if this trend continues, it could signal another recession. “Expectations for growth are low and uncertainty is great,” NFIB chief economist Bill Dunkelberg told Portfolio.com.
A survey of more than 1,500 executives worldwide, taken between June 22 and July 29, showed the corporate world was losing faith in the future early on. Conducted by the Economist Intelligence Unit, it found that almost 34% of respondents expected business conditions in the global economy to worsen over the next six months. Three months earlier, there were twice as many optimists as pessimists.
All three of these surveys were conducted before the stock market began it debt-ceiling gyrations after weeks of political gridlock, and the subsequent downgrading of U.S. debt by Standard & Poor’s. One can imagine how confidence has further dropped since then.
In 2008 and 2009, the business press was flooded with stories making the case for optimism. It’s late 2011 and they’re back. A recent report titled “Why It’s Smart to be Optimistic” by Bloomberg Businessweek reminds again that when the going gets rough it’s time to open your mind to optimism so you can seize opportunities.
I have to agree. I know it is almost impossible not to pull the covers over your head or run for the hills when the bad news flows. But I agree with the Oscar Wilde quip, "The basis of optimism is sheer terror." So take in in the bad news — and try to feel better.
Tuesday, June 09, 2015
The technology at the center of Oregon’s road usage fee reform.
Monday, July 13, 2015
BY SAM BLACKMAN
Storyteller-in-chief with the CEO and co-founder of Elemental Technologies.
Wednesday, June 24, 2015
One year after he was appointed chair of the Portland Development Commission, Tom Kelly talks about PDC's longevity, Neil Kelly's comeback and his new role as Portlandia's landlord.
Wednesday, June 17, 2015
Wednesday, July 15, 2015
We asked readers to weigh in on the fossil fuel-green energy equation.
Tuesday, June 23, 2015
Oregon’s new marijuana law is expected to lead to a bevy of new business opportunities for the state. And not just for growers. Law firms, HR consultants, energy efficiency companies and many others are expected to benefit from the decriminalization of pot, according to panelists at an Oregon Business breakfast meeting on Tuesday.
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.
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One of the many reasons why businesses fail is due to the lack of attention to analytics. Sure, you can go on running your business, but mastering the science of analytics will translate into a business advantage.
Court experience helps legal firm anticipate potential problems for clients and prevent expensive litigation.
When Garmin AT needed to consolidate operations for its 550 employees, it scanned its entire corporate map for possible sites.
Professional and Continuing Education (PACE) and the College of Business at Oregon State University is offering “Business Analytics for Competitive Advantage”, a two-day intensive workshop.
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Robert S. Wiggins has joined Lane Powell as a Shareholder in the Corporate/M&A Practice Group. Wiggins is a well-known lawyer, entrepreneur, and investor with more than 30 years of experience leading and advising established and emerging companies in the Pacific Northwest. Wiggins will focus his practice on offering outside general counsel services, including general corporate and board representation, business transactions and capital events.