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Economist Says Area Moving Into Recessionary Mode

BEND, OR -- The Bend Chamber held another COVID-19 Webinar Friday. The event was titled Unemployed to Employed – Returning To Work. State Economist Damon Runberg says a survey of Oregon businesses asked "How long will it take for you to recover to where you were a year ago"…with 41-per cent saying  6 months or less. Runberg says that sounds great. However he also noted that 13-per cent of businesses say they will never recover to where they were a year ago. Runberg says it appears we are moving into a more recessionary mode now.

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