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Oregon Job Polarization, 2017 Update

As the economic expansion matures and the labor market tightens, it brings along with it the feel-good part of the business cycle. Wages and household incomes are rising while poverty rates are dropping. Employment has picked up in rural areas even as it slows in the...

Oregon’s Unprecedented Growth?

A common refrain our office hears is that Oregon’s growth in recent years is unprecedented. Meaning that we’ve never seen population growth like this before. This is usually in the context of the housing market and explaining away our shortage more as a function of...

Labor and the Trades

First, I want to define what I call classic blue collar occupations. We’re talking about occupational data here, based on what tasks and duties the workers actually perform, not industry data which mixes front line workers with back office staff. Classic blue collar...

Behind the March Revenue Forecast

Since our office released the March revenue forecast, we’ve been involved in numerous discussions about how exactly the forecast has evolved in recent months. In particular, how did the forecast go from seeing a hit to near-term revenues due to the impacts of the...