Oregon economy rebounded in April

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Wednesday, June 05, 2013

Both of Oregon's economic measures tracked by the University of Oregon rebounded in April.

The first gauge, the Oregon Measure of Economic Activity, climbed to a three-month moving average of 0.32 -- meaning the economy is growing just faster than its average growth rate since 1990. The quarterly readings help account for any month-to-month volatility.

[Economist Tim] Duy's second measure, the Index of Economic Indicators, improved as jobless claims fell and new home permits rose.

Read more at OregonLive.com.

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