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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Topic: Oregon econom

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April 14, 2014 at 10:23 AM

In Oregon, digging out of a deep hole | Jon Talton

The Great Recession hit Oregon harder than any other state in the Northwest. Demand for durable goods plunged. The same happened for the state’s timber sector as housebuilding collapsed. And areas such as Bend were epicenters of overbuilding. Unemployment went from 5.2 percent in early 2008 to a peak of 11.6 percent in 2009. In February,…

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