Bloomberg: Oregon has nation’s ‘best-performing’ economy


The state showed improvement in six business, financial and industrial categories.

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The 27th-largest state, with almost 4 million people, had the best-performing economy in the nation measured by employment, home prices, personal income, tax revenues, mortgage delinquency and the publicly traded equity of its companies, according to data compiled by Bloomberg.

Only California and Utah exceeded Oregon’s 4.35 percent increase in personal income in the nine months ended Sept. 30. Colorado and Nevada alone matched the 9.12 percent increase in Oregon home prices. Oregon benefited from an 11 percent increase in tax revenues, better than 41 other states. Oregon created more jobs than 44 states, with employment growth of 2.73 percent. Mortgage delinquency fell 25 percent during the first three quarters of 2015, better than 45 states, according to Bloomberg data.
 
(READ MORE: Bloomberg)
 
Read the OB article “Is Oregon Good For Business?” for a more in-depth look at the state’s business climate.