Wednesday, August 5, 2009

Oregon's Economy About to Turn the Corner?

Tim Duy of the Oregon Economic Forum thinks it will happen this year - but it hasn't happened yet. The leading indicators he complies are still negative but this is due to the two usual suspects: residential construction and employment. These will lag the recovery and as the other sectors are up, it is likely we'll see a return to growth by the end of the year. I am still sticking with my Q4 prediction.

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