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|Articles - December 2010|
|Wednesday, November 17, 2010|
As 2010 comes to an end, there seems to be no joy in Mudville. In our online survey of readers this month, the mood is considerably dark. We asked readers what signs they were seeing that the economy is improving and almost half of the 808 respondents said, “None, the economy still stinks.”
Business confidence in the state has steadily declined since we started tracking it in 2004. In August 2005, 45% of readers thought things were going in the right direction, and that has slid to only 21% this month.
That mirrors what is happening nationally. According to an October survey of small-business owners from Discover Financial Services, only 28% expect business to get better in the next six months; 46% plan to decrease spending; and 61% rate the economy as poor. On the job front, 78% said they have no plans to hire.
In our survey, jobs and hiring is just as weak. In May 2004, 38% of respondents anticipated hiring. Now, only 26% say they will be hiring. Some small shred of good news is that only 17% anticipated eliminating more jobs over the next year.
Business confidence is key to any recovery, so these results are disheartening and ominous. Of course, they don’t reflect the attitudes of every business in the state. The tech sector is strong, with Intel, for example, showing enormous confidence in the economy and in Oregon when it announced recently that it would invest billions to build a new fab plant in Hillsboro (see Dealwatch). And our cover story features how even in a downturn those savvy enough (and possessing some cash) can find some sweet deals in technology, real estate and acquisitions.
But the gloom cannot be easily dismissed. The Oregon Business Council’s leadership summit returns this year after last year’s event was canceled in the face of a growing rift between business and political leaders, but OBC president Duncan Wyse sees a long road ahead. “This summit feels to me a lot like the first one,” Wyse says in our story. “We have a new governor and we are still, as we were then, in a very deep hole that we’ve got to find our way out of.”
I’m glad we’re putting 2010 to rest. I know I’m not the only one looking forward to a new and hopefully better year. We’re going to start it off with a bang. Oregon Business turns 30 in January and we’ll take the opportunity to look back at 30 years of business in the state and to also look forward by asking 30 of its leaders to tell us what the next 30 years will bring. Sometimes all you need is a little perspective to realize that despite rough times, we’re all pretty darn resilient.
Wednesday, October 28, 2015
BY AMY MILSHTEIN
As CEO and owner of five different cannabis-related businesses generating a total net revenue of $2 million, Alex Rogers could sit back and ride the lucrative wave of Oregon’s burgeoning pot industry.
Friday, November 20, 2015
BY JASON NORRIS AND MARY FAULKNER
It’s been a volatile year in equities and heading into the holiday season, it doesn’t look like these market extremes will dissipate.
Wednesday, November 11, 2015
BY LINDA BAKER
“What we’ve seen traditionally over the past few decades is a reduction of short line railroads. This is a rare opportunity to see a line being opened.”
Wednesday, October 28, 2015
BY CHRIS NOBLE
’Tis the season of giving — and that goes far beyond trees drowning in Lego sets and ironic knitwear. Santa Claus knows corporations are people too, in need of gifts to warm the hearts (and stomachs) of even the most Grinch-like CFOs.
Monday, September 28, 2015
BY KIM MOORE
A conversation with Jonathan Bennett, managing partner at law firm Dunn Carney Allen Higgins & Tongue.
Wednesday, September 30, 2015
BY LINDA BAKER | EDITOR
The media coverage about Pope Francis must have put me in a Biblical frame of mind. Because after touring the latest phase of the South Waterfront development, a mind boggling 1.5 million square feet of office and retail space that will spring up north of the aerial tram over the next few years, I couldn’t stop thinking about the massive project as a modern day creation story.
Tuesday, November 03, 2015
PHOTOS BY JASON E. KAPLAN
|The Love Boat|
|The Food Pod Grows Up|
|The High Road|
|Tinker, Tailor, Portland Maker|
|The Shift to Community Health Care|
|The Harder They Fall|
|Another chapter to the Bezos/Musk space race story|
|Thanksgiving travel: Fuel costs low, terrorism anxiety high|
|Costco chicken salad linked to E. coli case in Washington|
|Nestle comes clean about benefitting from slave labor|
|Enormous drugmaker emerges from Pfizer, Allergan deal|
|Startups joining lobbying game|
|Merchants complain as Square goes public|
Economic diversity has proven a smart strategy for the Port of Hood River. How can other Oregon communities replicate the model?
Phone, Internet needs of small community school districts earn attention of top-five telecom provider.
Farmland LP grows its vision for organic farming in Oregon.
The Salem Convention Center has capped its tenth anniversary year by earning the prestigious “Best of the Best 2015” award from NW Meetings & Events magazine. Selected as the Best Convention/Conference Venue in Oregon by meeting and event planners from Alaska, British Columbia, Idaho, Oregon and Washington, the Salem Convention Center ranked above the Oregon Convention Center and the Portland Art Museum.
The Oregon Cooperative Hall of Fame honors individuals for their outstanding contributions to the successful building and operation of Oregon agricultural cooperatives.
Health insurer reports $10.2 million in net income after taxes through the first nine months of 2015.