economy

Economy
1:16 pm
Wed February 12, 2014

Snowstorms And Freezing Rain Affect Local Economy

A snowy downtown Eugene Friday.
Credit Rachael McDonald

It will take time to determine the long-term economic impacts of the extreme weather that hit the region this past week. But there are some immediate effects we can observe.

Monday was the first day many area residents were able to emerge from their homes after two snowstorms and freezing rain caused downed trees, power outages and treacherous road conditions. Dave Hauser, President of the Eugene Area Chamber of Commerce, says a lot of people waited out the storm and businesses and events lost revenue.

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Economy
1:03 pm
Wed February 12, 2014

Two Local Manufacturing Plants Announce Closures

Two local manufacturing plants have announced they're closing. Allied Specialty Vehicles Inc. closed its plant at the former Monaco site in Harrisburg Monday. The plant employed 120 people.

Springfield based Sierra-Pine told the Register Guard it will close its particle board plant in April. That company has 87 employees. Eugene Area Chamber of Commerce President Dave Hauser says the closures are a blow to the local economy.

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Land Use
1:52 pm
Tue February 11, 2014

Proposed Fertilizer Mixing Plant Triggers Opposition From Linn County Neighbors

A group of land owners in Linn County are mobilizing to fight a proposed fertilizer mixing plant near their homes and farms.  

Salem-based Pratum Co-op wants Linn County to grant a conditional use permit that will allow it to build a fertilizer mixing plant on land zoned Exclusive Farm Use.  The nearly 70-old cooperative provides fuel, fertilizer, and other services to farmers in the Willamette Valley.   

Some neighbors of the proposed plant are not happy

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Employment
11:46 am
Tue January 28, 2014

Unemployment Rate Drops Slightly in Lane And Douglas Counties

Lane and Douglas County saw some improvement in their jobless rates last month.  In Lane unemployment dropped to 6.9 percent while Douglas County dropped to 10 percent.

Brian Rooney is a regional Labor Economist with the State Employment Department. He says December saw modest job growth, mainly in the service industry.

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City Club of Eugene
6:44 am
Mon December 16, 2013

Managing O&C Forestlands: Perspectives Of A Conservationist & An Economist

Recorded on December 13, 2013

Air Date: December 16, 2013

O&C forestlands make up only about 13 percent of all federal forestlands in Oregon and about 8 percent of all Oregon forestlands. The O&C forestlands are interspersed checkerboard fashion among parcels of privately owned forestlands. Under these circumstances, does it really matter whether some of the O&C lands are opened to industrial harvesting of timber?

In the City Club’s final program on the O&C issues, Greg Haller and Ernie Niemi will present their perspectives on the issues involved.

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Winter Weather
7:22 pm
Tue December 10, 2013

Some Eugene-Springfield Businesses Hurting Because Of Cold Weather

The weeks leading up to Christmas are the biggest retail shopping time of the year.  But this month’s unusually cold weather is keeping people indoors – hurting some businesses in the Eugene-Springfield area. Other businesses, though, are seeing a boost.

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Small Business
6:42 am
Fri November 29, 2013

Small Businesses Target Saturday Shoppers

Noisette Pastry Kitchen in downtown Eugene.
Credit Rachael McDonald

The big box stores and malls are hoping you'll go shopping on Black Friday. Some even pushed their sales back to Thanksgiving night. Small local businesses are doing their own marketing for this Saturday.

Small Business Saturday is a national event with businesses participating throughout Oregon. In downtown Eugene, Toby Sovak, owner of Noisette Pastry Kitchen has joined with neighboring businesses to encourage people to join in.

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Utility Rates
4:19 pm
Tue November 5, 2013

EWEB Proposes Rate Increases

Come February, Eugene Water and Electric Board customers will be paying more for their utilities, if the board approves proposed rate increases.

EWEB’s management has recommended increases of 4.5% for electricity and 3% for water. For a single-family home, that’s about $6 more per month for electricity and $1 more for water. Spokesman Joe Harwood explains one reason for the rate hike:

Harwood: “EWEB continues to face diminishing revenues due to the continuing low prices that we receive for selling surplus power to other utilities.”

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Oregon Ports
9:59 am
Thu October 24, 2013

US House Approves Small Port Dredging

Tug boat in Coos Bay, Oregon.
Credit City of Coos Bay

The US House of Representative has passed legislation that would provide harbor maintenance for small ports along Oregon’s coast.  A lack of federal funds has led to a major backlog on dredging and maintenance projects, threatening the economy of several cities.

Representative Peter DeFazio is one of 47 co-sponsors of the Water Resources Reform and Development Act of 2013.  He spoke on the House floor Wednesday.

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University of Oregon
11:09 am
Wed October 9, 2013

University of Oregon Faculty Union Ratifies First Contract

Credit Jes Burns

The University of Oregon's new faculty union has ratified its contract with administration. 

The two-year contract is the result of 10 months of negotiations. Susan Anderson is a German Professor at the University of Oregon.  She says tenured faculty and instructors formed United Academics, a union of more than 18-hundred members. All were working toward a common goal.

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