Oregon economy rebounded in April

Oregon economy rebounded in April

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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