Oregon Economy
Oregon has one of the fastest growing economies in the nation. With important and growing industries in manufacturing, apparel, and green technologies, Oregon has a solid base in vital markets that will continue to enrich the economy moving forward.

Per capita GDP

Oregonís per capita GDP, adjusted for inflation, has been growing fairly consistentlyóand more quickly than both Washington and the U.S.-- over the past 15 years. If this trend continues, Oregon may even pass Washingtonís per capita GDP in the future.
GDP Growth

Real GDP growth in Oregon has been quite volatile, but, in all but the worst of the 2009 recession, GDP growth has remained positive. It has also generally exceeded Washington and the U.S.ís GDP growth rates. Ensuring a strong Oregon economy in the future is crucial to continuing this remarkable pattern of growth.
Household income

Oregonís median household income, adjusted for inflation, has remained relatively steady over the past 15 years and has only recently exceeded the USís real median household income. However, Oregon still trails Washington in this statistic.
Oregon Employment
Oregon's unemployment rate is one of the highest in the country; one of Oregonís biggest problems right now is that so many of its workers are out of work. However, overall unemployment has been slowly decreasing, and it is important to see where jobs are located in the economy and what industries have the highest potential for employment growth.

Unemployment

Oregonís unemployment rate has been consistently higher than both the U.S. and Washingtonís unemployment rates over the past decade. Helping businesses create new jobs is a crucial goal to decrease Oregonís unemployment.
Top 5 Industries for Oregon Employment

Oregon has many different industries driving its vibrant economy. Many Oregon jobs are within the healthcare and retail industries, but manufacturing, government, and food and lodging are also crucial for keeping Oregonians employed. Beyond these top-5 industries, many Oregonians are also employed in the production and distribution of durable goods as well as with financial-related occupations.
Oregon employment by business size

More than half of Oregonís workers are employed by companies with fewer than 100 employees, and over a quarter are employed by companies with fewer than 20 employees. As policymakers continue to adjust employment regulations, it is important to consider the many small businesses that employ the majority of Oregonians.
Oregon Exports
Exports have always been a crucial sector of the Oregon economy. Although recently major exports have shifted from logging and forestry to high tech manufacturing and related industries, exports still remain an important component of the Oregon economy and play an important role in both Oregonís GDP and its employment.

Export Employment

Oregonís employment is helped by its stronger-than-average export market. While Washington exports account for a larger percentage of jobs than in Oregonís exports do, Oregon still has a larger portion of jobs associated with exports than California and the US as a whole.
Oregon Exports by Sector

Oregonís export industry is particularly strong in computers and electronics manufacturing, and agriculture also plays an important role.
Key Sectors


Game On—Presidential Candidates Seem To Be All Set

With the closing of polls in six state primaries last night, it looks like the major political parties have their presumptive nominees firmly in place.  Donald Trump, the last contender in the Republican primaries, raked in his votes, gave his victory speech, and called it a night.  But there was more drama on the other side of the aisle.

Let’s Talk About Democrats

On Monday, Hillary Clinton became the presumptive Democratic nominee when an Associated Press poll showed that 571 superdelegates planned to support her.  Adding those superdelegates to Clinton’s 1812 pledged delegates, which she had won in primaries and caucuses, got her to the 2,383 total that she needed to be the Democratic party’s one and only.  But since superdelegates can, at least hypothetically, change their votes up until the last minute, Bernie Sanders wasn’t buying it.  Until, dum dee dee dum, last night.

Let’s Talk About Last Night

Six states had primaries yesterday.  CA, NJ, NM, and SD went to Clinton.  Sanders took ND and MT.  By the time all the votes were counted, Clinton had 2184 pledged delegates to Sanders 1852.  Add to that the 571 superdelegates who say they’re voting for Clinton, and she’s at 2,755.  Again, those superdelegates could change their minds at the last minute, but almost all of them would have to switch horses, er, candidates for Bernie to get the nomination

Let’s talk about Delegates and Superdelegates

Remember:  pledged delegates are Democratic party VIPs who are bound to vote according to how their state voted in the primary or caucuses. Superdelegates are Democratic party extra-VIPs who are like free agents—they can vote for whoever they want. 

Let’s talk about Bernie Sanders

Sanders has some thinking to do.  Up until last night, he had a legitimate argument to make when he pointed out that Clinton couldn’t be nominated without, like, ¾ of the superdelegates.  But with her decisive wins last night, Clinton doesn’t need as many superdelegates to vote for her now—she just needs enough to get her over the top of the magic number, which is 2383.  Sanders needs to decide whether to bank on enough delegates switching sides to make it worth battling on, or whether it’s time to make other plans for the summer.

 


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