Oregon metro economies still slow

Oregon metro economies still slow

Five Oregon metro areas are still growing at a slower than normal pace, a University of Oregon monthly report shows.

Job gains boosted Portland's economy in January, according to the indexes. New housing permits also ticked up that month. Still, a three-month average of the measure shows the regional economy is expanding just below its typical pace.

Metro-area economies in Salem, Eugene and Bend all remain sluggish, yet near their average rate since 1998.

The Medford-area economy, though, is well below its recent norm, the indexes show.

Read more at OregonLive.com.

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