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|Archives - October 2008|
|Wednesday, October 01, 2008|
The past few months have been marked by surging gas and food prices, plummeting auto sales, a continued housing implosion and Russia acting like the old days. With apologies to Barbra Streisand, I can’t help thinking that this period might signal the end of the way we were.
The surge in gasoline prices leaped to the top of voters concerns, displacing matters of war, other economic issues and where Brett Favre would play. The factors cited in that price run-up cover the gamut from spiking consumption in nations such as China and India, where people with rising incomes are emulating some of the things we do; increasing demand in the Middle East; declining output in Russia; Nigerian unrest; and speculators (always popular when prices go up). Whatever the supply and demand factors involved, crude prices approached $150 per barrel.
Economic theory tells us that when relative prices change, it sends signals for people to alter their behavior. Hundreds of millions Americans got a new set of signals this past summer. Ridership on TriMet and other transit systems across the nation surged. Bicycle sales boomed along with sales of scooters. Amtrak ridership grew, while airlines hemorrhaged and dropped service to some small Oregon towns and began charging for peanuts. Miles driven began to drop, with the sharpest declines taking place in rural areas. Asset prices changed with large SUVs plummeting in value, while year-old hybrids sold for more than new ones, which were not available. Our real income decreased.
Saturday, December 13, 2014
A look-in on the life of Norris & Stevens' president, plus an abridged Powerlist for the best commercial real estate firms.
Friday, December 12, 2014
BY LINDA BAKER
A conversation with Oregon state economist Josh Lehner.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
Friday, January 23, 2015
BY DAN COOK | PHOTOS BY JASON E. KAPLAN
A real-estate developer and a Lithia Motors executive aim to revamp the city's forlorn downtown.
Thursday, December 18, 2014
BY JASON NORRIS | OB CONTRIBUTOR
The implosion of the energy complex: The best thing for low oil prices is low oil prices.
Friday, January 23, 2015
BY LINDA BAKER | OB EDITOR
The Northwest Environmental Business Council previews the 2015 legislative agenda as Hatch Oregon celebrates Oregon's new community crowdfunding rules.
Sunday, December 07, 2014
BY LINDA BAKER
On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.
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Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
How sports tourism is driving economic growth and making cities across Oregon a better place to live.
Port of Morrow's business-ready attitude has a surprising global impact.
Through its support of the arts, the Cultural Trust is strengthening the business community.
If you have given a former employee access to your company’s electronic information by virtue of assigning a desktop or laptop computer and you suspect he or she of having taken electronically stored data, there are several steps to follow to preserve electronic forensic evidence from spoliation.
The official launch will be Jan. 14.
In a switch on the traditional trade show, representatives from UO departments and local and state agencies will host tables to connect with businesses and vendors. The fourth Reverse Vendor Fair will take place Wednesday, Feb. 25, in Eugene.