Oregon's economic growth will outpace most states

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Wednesday, October 31, 2012

Oregon's economic growth through March is expected to outpace most states, according to a new Federal Reserve forecast.

The Philadelphia Fed said today that it expects the Oregon Coincident Index to expand by more than 4.5 percent over the next six months.

Oregon, Idaho and South Carolina are predicted to expand by the widest margins, though every economy but New Mexico's is expected to grow. The U.S. index is forecast to expand 1.4 percent.

Read more at OregonLive.com.

{biztweet}oregon economic{/biztweet}

 

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Guest
0 #1 Intel spurring Oregon growthGuest 2012-10-31 20:32:21
Intel's investment in Oregon,includin g its $3 billion fab now under construction and its plans to build a second comparable fab, plus support buildings, generating thousands of construction jobs, is likely a key element in Oregon's expected recovery.
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