|| Print ||
|Articles - December 2011|
|Tuesday, November 15, 2011|
By Abby Christopher
The annual holiday shopping marathon is upon us, and in the face of a still-fragile economy, retailers around the country and locally are collectively holding their breaths.
In Oregon, overall consumer holiday purchases are expected to increase 2.6%, less than the national average, according to Associated Oregon Industries. On average this year, consumers in Oregon and Washington are expected to spend $640.03 compared to $704.18 last year, according to Ohio-based BIGresearch. The National Retail Federation predicts that spending nationally will be a little higher than 2010, up 2.8% to $465 billion.
Forecasting year-end holiday sales in Oregon is more of an art than a science because Oregon doesn’t tax most retail items, so it’s more difficult for economists and analysts to gather and aggregate sales data. But the state can track monthly employment figures that can provide signs of momentum, particularly starting in the back-to-school months, August and September. Holiday hiring in Oregon is expected to hover around 11,617, 2010’s final figure, or increase slightly, according to Nick Beleiciks, a state economist with Oregon’s employment division. Harry & David in Medford is expected to make up many of these seasonal hires with roughly 9,000 enlisted to field phone orders and pack gifts.
To gauge consumer buying trends, lobbying organizations, such as the National Retail Federation, as well as independent researchers conduct or commission consumer surveys that track responses by region and state.
In October, BIGresearch conducted a nationwide consumer holiday spending survey. Overall, consumers are planning to limit themselves to buying “one nice great gift” for each person on their shopping list this year, according to Pam Goodfellow of BIGresearch. Consumers will invest a lot of time looking for the best deals and are expected to buy online and flock to discount stores and outlets, Goodfellow adds.
In Oregon and Washington, BIGresearch found that consumers plan to spend less than average this year. Consumers in these states are more budget-oriented, likely to shop in non-traditional places such as crafts and fabric stores thrift shops, online and from catalogs.
“Our baseline forecast calls for a continuation of slow growth in terms of economic activity, jobs, incomes and sales,” says Oregon state economist Josh Lehner. “We expect [holiday] sales and hiring this year to be slightly better than last year.”
Thursday, April 03, 2014
BY OB STAFF
Learn how to green your workplace and lower your environmental footprint at the office. Oregon Business presents a two-hour "Greening Your Workplace" seminar on May 28th, 2014 at the Nines Hotel in Portland.
Tuesday, March 25, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Oregon is home not only to many fine writers but also several accomplished small publishers.
Thursday, April 17, 2014
BY JASON NORRIS | OB BLOGGER
The “polar vortex” of 2014 seems to have finally thawed and we believe this change in weather will bring more sunshine to the U.S. economy as well.
Friday, March 21, 2014
TOM COX | OB BLOGGER
During a recent talk to HR Directors, I asked if they saw leaders trying to solve every problem, instead of delegating to and empowering staff. Every head nodded. Every single one.
Tuesday, February 25, 2014
BY BRANDON SAWYER
The 100 Best Companies get more creative with perks and more generous with benefits; employees seek empowering relations with management and coworkers.
Thursday, March 20, 2014
BY JASON NORRIS | GUEST BLOGGER
I don’t think anyone can (or should) remember what it was like to get things done without the internet. This milestone in technology has certainly benefited brick-and-mortar companies and subsequently launched a new era of businesses.
Friday, March 14, 2014
BY TOM COX | OB BLOGGER
Five books that will make you a better leader.
|How Doug Badger spends his downtime|
|Port at a crossroads|
|Our man in Congress|
|100 Best awards 2014|
|McDonald's U.S. Q1 profits decline|
|Americans question Big Bang theory |
|Skin cancer rates 'surge' since 1970s|
|Teen survives 5-hour flight in jet wheel well|
|NASA discovers first potentially habitable planet|
|Effects of childhood bullying last a lifetime|
|Scientists make first embryo clones from adults|
Marketing the state brings new business, new jobs and a better quality of life for everyone.
Living in the beautiful Pacific Northwest means enjoying our wonderful surroundings, while remaining aware of the multiple types of natural disaster threats that we face: winter storms, windstorms, floods, landslides, earthquakes, volcanoes and tsunamis.“
Oregon State University's hospitality degree program invests in next-generation leaders.
On Saturday, April 26, more than 1,900 local Comcast employees and their families, friends and community partners will “make change happen” as they volunteer to improve schools and nonprofits in Oregon and Southwest Washington as part of Comcast’s 13th Comcast Cares Day.
NAI Norris, Beggs & Simpson just completed their newly rebranded First Quarter Market Reports. Not only does it feature a brand new format, but the report ensures accuracy due to the annual truing up of their database.
Samuel Hernandez, an Associate at Barran Liebman, is the recipient of a 2014 Oregon State Bar Litigation Section Rising Litigator Award.