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The latest economic forecast shows Oregon will continue to see slow growth until the end of 2012. Bill Watkins with Cal Lutheran University Center for Economic Research is at Brasada Ranch delivering his 3rd quarter Economic Forecast today. He says job growth will be anemic and the real estate market will remain soft for a while. “There’s been some output growth. Output is about what it was before the recession. Jobs have come back much weaker. We have not seen job creation and all these things are necessary to have a robust recovery.” Watkins says home foreclosures in Oregon are declining, but they still remain at high levels and probably will for the foreseeable future.

 

 

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  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)