Regional News

Oregons Economic Forecast

Oregon’s economic recovery remains on the slow track.  Economist Mark McMullen told lawmakers that expected revenue remains about the same.  There should be an increase in April as households pay higher taxes on investments taken in 2012, because they're expecting federal taxes to go up this year.  But, the extra revenue will balance out in 2014 when fewer investments are cashed in. The forecast remains in line with the budget that Governor Kitzhaber has put forward.

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