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A new report shows Oregon’s GDP last year grew nearly three times faster than the U.S. economy, and Oregon is ranked as the 2nd fastest growing economy in the nation in 2011.  Some of the growth Oregon is seeing is from the reverse off shoring trend: manufacturing jobs are being brought back to the U.S.  Business economic development experts say companies who operate overseas are finding that its making better business sense to bring some jobs back home.  Nathan Buehler is with Business Oregon:  "That's where we're doing a lot of opportunity right now.  This idea of on-shoring; manufacturers bringing back their manufacturing processes and jobs back here to the states, and particularly back here to Oregon.  In the issues of quality, issues of costs- costs are rising in Asia as well, and we’re also seeing opportunities, where not just labor costs, but energy costs particularly wit the tragic events in Japans, they’re having an energy crisis right now.” The state's durable goods manufacturing industry was the second-fastest growing sector in the nation with a 3.94% growth rate, that accounts for almost 20% of Oregon’s economic expansion.  And another very strong sector,  high tech companies like Intel, which employs about 16,000 people in Portland.  North Dakota had the fastest growing economy last year.

 

Traffic & Weather

 

 

 

 

Jones Road, full road closure between Bennington Lane and NE Butler Market Road. May 18 – August 18, local access only.
 

 

Orion Drive closed in two locations for sewer work; at the intersection with Avery Lane and between Desert Woods Drive and King Hezekiah Way.  From July 11 to Sept. 6. Detours marked.

 

Valhalla Sewer Relocation Project, Mt. Washington Drive at Shevlin Park Road intersection and North to Regency Street. Nighttime closures with detours marked during roundabout construction. Daytime closures for construction towards Regency Street.    7 p.m. – 7 a.m., July 11 – November.

 
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