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|Articles - January 2010|
|Thursday, December 17, 2009|
The city of Astoria is bracing for a substantial hit to its local economy because it is losing half its cruise ship business.
Between 2007 and 2009, Astoria averaged more than 18 ships a year, but the port lists only nine expected for 2010. Industry averages mean that this picturesque city of nearly 10,000 people can expect to lose $2.1 million in retail sales. The Port of Astoria estimates it will lose up to $180,000 in revenue.
“It’s a blow,” says MacAndrew Burns, executive director of the Clatsop County Historical Society. Burns says he estimates he will lose about 5% of revenue without the ships.
Pete Gimre, owner of Gimre’s Shoes, says his store does up to 50% more business on days the ships are in port, requiring him to add eight to 12 employee hours each day. “[The ships] boost so many businesses downtown, it’s just gravy,” he says. “But when you lose that gravy, things aren’t as good.”
Jill Harding, chief of visitor services at Lewis and Clark National Historical Park, says the park doesn’t see as many visitors from the ships as other area attractions, but she agrees the declining numbers of passengers coming to town will definitely affect admissions.
Judy Niland, managing director of the Astor Street Opry Company, says she has already lowered her ticket prices by about $3 to attract locals who might be tightening their belts. “When they’re feeling the pinch, we feel it the most.”
“Nobody wants to hear there will be half as many ships,” says Paula Bue, manager of the Astoria Column visitor center. But like many Astoria residents, she stays positive and looks to the future — particularly the city’s bicentennial this year. “If 20,000 people aren’t coming [from the ships], we’ll just have to go find another 20,000.”
“We need to think ahead and do things to increase traffic without them,” says Blue Anderson, head of visitor services at the Columbia River Maritime Museum. She says her museum will have extra exhibits and special events to mitigate any loss of revenue.
Skip Hauke, of the Astoria-Warrenton Chamber of Commerce, says the visits declined because of “extreme taxes” from the state of Alaska, a destination for many of the ships. Johanna Bales, deputy director of Alaska’s tax division, says her state levies a 33% tax on gambling revenues on top of a 9.4% corporate tax and $50 in passenger fees.
City leaders count their blessings Astoria didn’t lose all their cruise ship visits. “I like to think we have nine ships coming in next year,” says Hauke. “That’s more than most places. If we treat them right they’ll return when the economy improves.”
WILLIAM E. CRAWFORD
Thursday, July 24, 2014
BY LINDA BAKER | OB EDITOR
Remember the naysayers? Those who called the South Waterfront aerial tram a boondoggle? Those who rejoiced at the massive sell off of luxury condos at the John Ross and Atwater Place?
Friday, July 18, 2014
BY 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?”
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
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BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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BY MONICA ENAND | GUEST CONTRIBUTOR
Nine tips for building habits among employees to respond when needed.
Tuesday, July 01, 2014
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Demand for organic food continues to soar: Last year, sales of organic food rose to $32.3 billion — up 10% from 2012. In Oregon, organic produce wholesaler Organically Grown Co. has been championing organic growing methods for four decades.
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BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
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