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|Thursday, April 25, 2013|
BY BRANDON SAWYER | OB RESEARCH EDITOR
Oregon prides itself on being a small-business state, but its moms-and-pops and start-ups are not feeling loved. According to a recent survey of small business owners, the state's economy is worse off than the rest of the country.
The 2013 U.S. Bank Small Business Annual Survey of more than 3,000 small business owners in 25 states, primarily in Midwest and West, found that 42% of the 200 Oregon owners polled felt that economic conditions were worse off here than the rest of the country. However, sentiment has actually improved in this, the survey's fourth year: In 2011, 59% of Oregon owners felt the state was worse off than the nation.
In the other states surveyed for 2013 only 28% of respondents felt that their local economies were worse. And Oregon's pessimism can't be blamed on seaonal affective disorder, because only 24% of our northern neighbor, Washington's, small business owners felt that way.
Only 16% in Oregon think the state's better off, compared with 30% in Washington and 35% among all states surveyed. But whereas Washington's business owners str significantly more pessimistic in 2013 than last year, Oregon's owners are a little less depressed. Looking at the bigger picture, an equal number – 45% – thought the U.S. was in either a recession or in a recovery, and just 1% thought it was in expansion mode; 10% were unsure. These were roughly the same percentages for all those surveyed.
Oregon Business' reader input survey late last year found growing confidence in the state's economy, with 42% of more than 500 readers expecting it to improve this year, and 48% of them expecting their own business to improve.
Top challenges cited by small business owners in the U.S. Bank survey are economic uncertainty, government regulations, poor sales, taxes and competition from larger businesses.
Among other queries, 18% of Oregon small businesses expected to hire in the next year; 28% reported higher revenue this year and 43% expect even higher revenue next year; 62% describe the health of their business as 'good to excellent"; and 62% also say it's difficult for their business to borrow money.
In releasing their survey results, Malia Wasson, president of U.S. Bank in Oregon and Southwest Washington, said small businesses across the country are still reluctant to hire or invest in capital expenditures. "They’re waiting for the economy to show more of a recovery before their confidence returns.”
Friday, May 22, 2015
BY KIM MOORE
As momentum grows at the state level to introduce far-reaching environmental regulations, such as carbon pricing and the Clean Fuels Program, Oregon employers continue to go the extra mile to create green workplaces for their employees.
Friday, May 22, 2015
BY JOE CORTRIGHT
How conservation stimulates the local economy.
Tuesday, May 26, 2015
BY JACOB PALMER
Live, Work, Play: CEO of Gorilla Capital.
Wednesday, June 03, 2015
As part of our green workplaces story, Oregon Business checked out a community service project undertaken by Portland Youth Builders, a nonprofit alternative high school. In partnership with Whole Foods, PYB built garden boxes for a Home Forward housing site. Home Forward is a government agency that provides housing for low income residents and people with disabilities.
Thursday, June 18, 2015
Fireworks are a booming industry, even if the pyrotechnics have turned July 4th into a day fire marshals, and many residents, love to hate.
Friday, May 22, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
The recent tragedy in Philadelphia has called attention to Amtrak and the nation's woefully underfunded rail service. Here are six facts about the Amtrak Cascades corridor between Eugene and Vancouver B.C.
Thursday, May 14, 2015
BY JASON E. KAPLAN | STAFF PHOTOGRAPHER
There are more than 160 farmers markets in Oregon, contributing an estimated $50 million in sales, according to the Oregon Farmers Markets Association. We checked in on the Forest Grove market, which for several years has brought local produce and food vendors to Main Street in the center of town.
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Oregon-based Environments helps companies create inspired workspaces. “Simply put, we help companies future-proof their workspaces,” says Chris Corrado, president. Since 1988,Environments has witnessed firsthand the changing landscape of business. Native Portlander and Environments founder Corrado says, “We help our clients navigate the complex realities of the workplace today and plan for their future in a very mindful, strategic way. We think of ourselves as their partners in the process.”
One hundred years ago, the Willamette River might easily have been mistaken for a sewer. Unchecked industrial activity and decades of pollution made it unrecognizable compared to the clean river that now flows north for 187 miles from Eugene through the center of Portland.
3 Degrees Event Celebrates 5th Year Bringing Nonprofit and Business Professionals Together to Benefit Portland.
Bend energy leader brings passion for efficiency and renewable energy to the nonprofit.
Event in Forest Grove marks recognition of Global Food Safety Initiative Certification.