|| Print ||
|Wednesday, December 09, 2009|
Economist John Mitchell was miked and prowling the audience, a business breakfast's crowd’s Oprah without the free cars or gift baskets. At one point during Mitchell’s detailed but entertaining and humorous summary of the bitter economy, a man whispered to his tablemate: “I could use a glass of wine.”
Mitchell is a well-known war horse on the speaker’s circuit. Now a consultant, he was the chief economist for U.S. Bancorp for years and has been making economic presentations around the country and region for decades. Mitchell was at the Governor Hotel presenting his 2010 economic forecast at a forum hosted by the Portland Business Alliance Wednesday, and as he paced around the room, he went through a painful recounting of where we stand.
Among the litany of woe: every state has year-over-year employment declines; it's longest recession in 78 years; and the federal government is borrowing 40 cents of every dollar spent. Yet, technically the recession is over with third-quarter 2009 seeing a small rise in GDP; housing might have reached its bottom; the global economy is improving; and there has been an uptick in employment over the past few months in 28 states.
|A Complex Portrait: Immigration, Jobs and the Economy|
|Woman of Steel|
|Kill the Meeting|
|Ferguson bakery saved by crowdfunding|
|Obamacare yields more than 1M applicants in first week of open enrollment|
|Price of already-built homes in Seattle area drops|
|Apple hits record-high value|
|Fed's ability to regulate questioned|
|Budweiser to move away from Clydesdales|
|Mergers lucrative for departing CEOs, but not necessarily shareholders|
Is your business ready to join us in the call for action? This opening panel includes Oregon businesses who will discuss why they signed the Oregon Climate Declaration, the investments they are making to reduce carbon emissions, and how their actions are affecting their companies.
Get ready for two days of special events produced with the EPA, Portland Timbers and ISOS before and after the GoGreen Conference on October 16.
Plenty of employers seem “dazed and confused” after the recent vote to legalize marijuana. In light of Measure 91 passing, what are some issues for private-sector Oregon employers to consider?
Rotary’s Oregon Ethics in Business aims to raise consciousness about business ethics by honoring exceptional companies.
Barran Liebman’s annual employment law seminar is an industry classic.
Is my drug-free workplace policy up in smoke?
More than 400 "Change Makers" will gather to invest in a socially sustainable community.