Oregon's economy slows further

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Tuesday, November 06, 2012

Oregon's economy fell in September, thanks to one of the sharpest monthly jobs losses since the recession.

A University of Oregon gauge that tracks the state’s economic activity edged down to a reading of –0.66, meaning the state is expanding slower than its normal pace since 1990.

A labor dispute at the Port of Portland hampered growth in July and August, while an estimated 7,900 job cuts weighed on the economy in September, according to the measure.

Read more at OregonLive.com.

{biztweet}oregon economy{/biztweet}

 

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