Oregon economy

Marijuana
6:00 am
Fri December 19, 2014

The Economic Impact Of Legal Marijuana In Oregon

Oregon is preparing for the economic impact of legal recreational marijuana, following the passing of Measure 91 by voters. KLCC's Desmond O'Boyle interviews Troy Dayton, CEO of a research group who publishes economic projections for business owners and entrepreneurs.

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Oregon Economy
6:46 pm
Mon December 8, 2014

Oregon Economy On Par With Nationwide Positive Growth Trends

Credit econforum.uoregon.edu

Economic indicators recently released by the University of Oregon show the state are showing improvement. October employment data was stronger in all areas except natural resources and mining sectors.

Manufacturing was particularly strong during the fall, suggesting the State is on par with national growth trends. The household sector is also stabilizing after years of negative data. Tim Duy is Director of the Economic Forum at the U of O. He says employment services, or temp resources are on the rise.

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Oregon Economy
8:43 am
Sun September 14, 2014

Oregon's Workers Compensation Costs To Drop For Second Straight Year

Logo for the Department of Consumer and Business Services
Credit www.oregon.gov/consumer.businessess

Oregon's workers' compensation costs have dropped for a second straight year. The Department of Consumer and Business Services announced last week costs will decrease an average of 5.3% in 2015.

The Department approved the decrease in Oregon's "pure premium," which is the price employers pay insurers to cover anticipated workers compensation costs. Department of Consumer and Businesses Spokeswoman Lisa Morawski says in the last few years the state, private businesses, and insurance companies have focused on improving workplace safety and health.

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Transportation
12:10 pm
Tue July 1, 2014

Lane Transit and ATU Agree on 3-Year Contract

Credit LTD.jpeg

Lane Transit District and the Amalgamated Transit Union reached agreement on a three-year labor pact hours before its existing contract expired. 

The new contract was arrived at just in time to meet the current contract’s July first expiration.  It grants annual cost of living increases of two, two point 75, and 3 point 35 percent respectively through 2017. 

L-T-D’s  Andy Verbora says its labor negotiations have come a long way from 2005, when the union went on strike:

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Oregon Economy
3:01 pm
Mon June 30, 2014

Oregon's Economy Experiencing Average Growth.

U of O Economist
Credit oregonquarterly.com

The state's economy continues to experience average to above average growth. Desmond O'Boyle reports on the latest economic indicators to come out of the University of Oregon.

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Oregon Economy
8:45 am
Mon June 2, 2014

What RAIN Can Bring To The Southern Willamette Valley

Meeting Date: May 30th, 2014
Air Date: June 2, 2014

Last summer, the Oregon legislature approved $3.5 million seed funding for the South Willamette Valley Regional Accelerator and Innovation Network (RAIN). RAIN’s goal is economic development for our area, which is slowly making the transition from a dependence on natural resources to a knowledge-based economy.

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Economy
1:52 pm
Wed May 28, 2014

Governor Kitzhaber Signs Commitment To Support RAIN Business Development

Governor John Kitzhaber pledges support to the RAIN project at the Eugene Chamber of Commerce. Mayors Kitty Piercy (Eugene) and Julie Manning (Corvallis) are at right.
Credit Karen Richards

Governor John Kitzhaber was in Eugene today (Wednesday) to sign a “Declaration of Cooperation” for the new regional business accelerator. The document pledges the state's commitment to the project.

The Regional Accelerator and Innovation Network, or RAIN, is a partnership between local universities, communities and businesses. The acronym is appropriate for the area, and for the growth of new ventures. Governor Kitzhaber remarked that Oregonians embrace rain:

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Coastal Economy
8:24 pm
Tue March 4, 2014

Oregon's Coastal Ports Get Money For Much-Needed Dredging

Port Orford is one of several Oregon ports that will get some much needed dredging and maintenance this year.
Credit DredgingToday.com

Oregon's coastal ports are used for commercial and recreational purposes and are an integral part of the state's economy. Years of federal budget cuts have left the ports in need of maintenance and dredging.

The U.S. Army Corps of Engineers is allocating $20-million in new funding for Oregon ports. Oregon Congressman Peter DeFazio had lobbied for additional money for ports in his Southwest Oregon district, which he said are in dire need of dredging.

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Dungeness Crab
12:09 pm
Tue December 17, 2013

Oregon Dungeness Crab Now In Stores

Credit WA Fish & Wildlife

Oregon crab fishermen are out on their boats bringing in pots brimming with Dungeness crab. The season started at midnight Sunday.

Eugene's Fisherman's Market got its first load of Oregon Dungeness crab Monday afternoon from a boat out of Newport. Owner Ryan Rogers says the crustaceans are plump and tasty. And the shop has been busy.

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