Oregon's economy improved in December

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Tuesday, February 12, 2013

Oregon's economy improved slightly in December, nearing its average mark over the last two decades.

The Oregon Measure of Economic Activity rose to a three-month moving average reading of -0.46, up from -0.65 in November.

Manufacturing production hours and service sector jobs boosted the reading, while a housing permit decline and Oregon’s high unemployment rate weighed on growth, said UO economist Tim Duy, who gathers the data.

Read more at OregonLive.com.

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