My theory is a strong tech economy (see San Jose). Portlands' tech field has been really booming. Of course, it's entirely possible my perspective is skewed because that the field I work in, but I do know that we are having trouble finding good people to hire, as are many other folks around town.
GDP growth was driven largely by manufacturing ($4.2 billon in growth, a 14.9% increase).Construction saw a 8% decrease in output.Biggest increases in employment were:Administrative and Support Services (3,300, +6.7%)Construction (2,900, +6.7%) - Curious given the output drop.Accommodation and Food Services (2,700, +3.4%)Biggest loser in employment was local government, down 11%.
The relatively good performance in 2010 looks like a bounce back from a relatively bad 2009.
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