Regional News

Oregon’s Economy Creeping Along

Oregon’s economy continues to slowly move out of recession.  Tim Duy, an Economist at the University of Oregon, says the home construction industry is one area where there will be growth, but, he expects the expansion will be broad based.  He has one note of caution that's caused by the debate over the fiscal cliff since Congress hasn't decided what to cut and what taxes to increase, that will likely have some effect on the economy.  The amount of cuts could reduce any economic growth.

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