March 2009

Bankruptcies erupt again

IndicatorsChart1.pngOregon bankruptcies ratcheted up in 2008 with business filings spiking in December and increasing 67% versus 2007 to 405.

Vestas’ last promise of 1,000 jobs didn’t happen

V90_Solano.jpgGreen jobs were the toast of Oregon in April 2002 when Gov. John Kitzhaber, Sen. Gordon Smith and Portland Mayor Vera Katz joined executives from Vestas, the world’s largest wind power manufacturer, to announce the construction of a new factory in Portland  that would create more than 1,000 jobs by 2004.

Rail problems east, south have few answers, many obstacles

ATSfloods.jpgRural rail lines in Oregon are the best hope some counties have to support industry, either what little forest products manufacturing that remains, or the potential for something greater in the future.

There’s room at the inn as lodging industry feels drop

TheNines.jpgOregon’s lodging industry is taking a significant financial hit as consumers and businesses cut out unnecessary expenditures such as travel from their budgets.

Bet on it: Lottery says it will deliver its $1.324 billion

LotteryButton.jpgDespite what the state predicts, the Oregon Lottery still plans to provide the budgeted $1.324 billion to support state schools, parks and natural resources, job creation, and gambling treatment programs.

Cities delay fees to boost building

In an attempt to boost residential building, the Springfield City Council in January approved a new program that authorizes it to defer all planning, building and systems development fees for builders until final occupancy permits are secure.