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Local News

Economic Forecast – Quarterly Report


Economist Bill Watkins comes to Central Oregon every three months to get the area an update on how we're doing. His latest forecasts haven't been terribly optimistic and some Deschutes County leaders feel his analysis is not helping us get back on our feet. Bill Watkins says he's heard the criticism before. “People don't like hearing the gloomy forecast and I’m tired of giving the gloomy forecast, but I have an obligation to tell the truth as I see it. And we have a couple years of challenges ahead of us.” Watkins was at Brasada Ranch last Friday delivering his latest economic forecast. He says the area will continue with 3% percent growth through 2012.

 

 

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