Local News

Economy Showing Good Signs of Waking Up

If business at the local credit unions is any indication, the local economy is starting to wake up again. Kyle Frick with Mid Oregon Credit Union says they are seeing more deposits and more people borrowing money:  "From what we see at the credit union, we are seeing a lot more people making offers on houses; 2 and 3 offers on houses when people are out looking. Car sales are definitely up, so people are feeling more comfortable about borrowing.” Frick says car sales are a very healthy local indicator because that makes up about one-fifth of the local retail market.

 

 

 
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