George Noorey

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George Noorey

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As the dollar weakens; its turning out to be good news for many Oregon companies.  State Economist Tom Potiowsky says Oregon's a pretty big player in the export market. “There really is quite a cross the gamut of Oregon industries that have their products go overseas, be it agricultural. Log exports are very strong right now and of course the Intels, Nike, Precision Cast Parts, a whole range of different firms operate overseas." Basically he says when the dollar goes down in value, it’s as though the price of our products also drops. Which means demands goes up and  exports increase.  In fact he says 2010 was the second best year ever for Oregon exports.

 

 

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