Oregon economic indicators as of March 2011

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Articles - May 2011
Wednesday, April 20, 2011

All "latest" numbers are for March 2011 unless otherwise noted. Latest Month Previous Month Previous Year Annual Change
EMPLOYMENT/BUSINESS LISTINGS
Total employment State of Oregon, thousands 1,782.5 1,768.4 1,740.5 2.4%
Total unemployment State of Oregon, thousands 208.4 216.2 238.3 -12.6%
Unemployment rate Ore. civilian labor force, seasonally adjusted 10.0% 10.2% 11.0% -1.0
Portland/Vancouver MSA; Employed Seven counties, thousands 1,079.5 1,073.7 1,051.7 2.6%
Portland/Vancouver MSA; Unemployment rate, seasonally adjusted 9.1% 9.7% 10.7% -1.6
Bend MSA; Employed Deschutes County, thousands 68.5 67.1 67.2 1.9%
Bend MSA; Unemployment rate, seasonally adjusted 12.3% 13.2% 14.2% -1.9
Corvallis MSA; Employed Benton County, thousands 42.1 41.8 40.8 3.2%
Corvallis MSA; Unemployment rate, seasonally adjusted 6.3% 6.5% 7.2% -0.9
Eugene/Springfield MSA; Employed Lane County, thousands 163.7 163.5 161.5 1.3%
Eugene/Springfield MSA; Unemployment rate, seasonally adjusted 9.5% 10.1% 11.1% -1.6
Medford/Ashland MSA; Employed Jackson County, thousands 89.9 89.1 87.8 2.4%
Medford/Ashland MSA; Unemployment rate, seasonally adjusted 11.3% 11.8% 12.3% -1.0
Salem MSA; Employed Marion and Polk counties, thousands 176.7 175.0 174.1 1.5%
Salem MSA; Unemployment rate, seasonally adjusted 9.7% 10.3% 10.6% -0.9
The Coast; Employed Five counties, thousands 85.0 84.0 83.0 2.4%
The Coast; Unemployment rate, not seasonally adjusted 11.0% 11.6% 12.6% -1.6
Central Oregon; Employed Eight counties, thousands 111.5 109.5 109.7 1.6%
Central Oregon; Unemployment rate, not seasonally adjusted 13.2% 14.3% 15.1% -1.9
Eastern Oregon; Employed Nine counties, thousands 82.6 81.3 81.0 2.0%
Eastern Oregon; Unemployment rate, not seasonally adjusted 11.3% 12.3% 12.7% -1.4
Help wanted ad count The Oregonian, Portland 1,485 1,301 1,528 -2.8%
Help wanted ad count The Bulletin, Bend 771 610 1,135 -32.1%
Oregon online job vacancies, total ads in thousands 55.0 52.6 46.5 18.3%
Portland online job vacancies, total ads in thousands 33.2 32.5 27.0 23.0%
New business corporations New filings 930 770 884 5.2%
Limited liability companies New filings 2,283 1,890 2,082 9.7%
Business bankruptcies New filings 56 38 58 -3.4%
Non-business bankruptcies New filings 1,725 1,230 1,874 -8.0%
TRANSPORTATION
Trucking Weight-mile tax receipts, millions (February) $20.9 $22.1 $16.6 25.9%
Shipping Port of Portland, total containers load and discharge (February) 14,457 17,891 12,524 15.4%
Shipping Port of Portland, number of calls by oceangoing vessels (February) 42 43 50 -16.0%
Airline travel, PDX Passengers, thousands (February) 887.7 962.3 843.8 5.2%
Airline travel, Eugene Passengers, thousands (February) 52.3 62.2 47.2 10.9%
Airline travel, Medford Passengers, thousands (February) 40.2 44.1 40.5 -0.7%
Airline travel, Redmond Passengers, thousands 40.7 34.1 38.3 6.5%
REAL ESTATE/CONSTRUCTION PERMITS
Portland-area homes New listings 3,056 2,883 4,987 -38.7%
Willamette Valley Multiple listing sales, millions (February) $61.2 $72.4 $69.2 -11.6%
Central Oregon Multiple listing sales, millions (February) $64.1 $69.4 $68.0 -5.7%
New Oregon single-family home permits (February) 330 440 516 -36.0%
New Oregon multiple-housing unit permits (February) 151 26 34 344.1%
FARMING/NATURAL RESOURCES/ENERGY
Wheat price No.1 soft white, at Portland, per bushel $7.44 $8.31 $4.64 60.3%
All farm products Farm price index (1990-1992=100%) (February) 170 163 161 5.6%
All crops Farm price index (1990-1992=100%) (February) 172 166 170 1.2%
Livestock Farm price index (1990-1992=100%) (February) 162 153 126 28.6%
Lumber price from Random Lengths Publications, framing composite $292 $296 $314 -7.0%
Lumber production Coast, inland and California redwood regions, Western softwood, million board feet (February) 923 950 915 0.9%
Power PGE, weather-adjusted, million kilowatt-hours 1,675.3 1,775.1 1,614.7 3.8%

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