Oregon Economy
Oregon has one of the fastest growing economies in the nation. With important and growing industries in manufacturing, apparel, and green technologies, Oregon has a solid base in vital markets that will continue to enrich the economy moving forward.

Per capita GDP

Oregon’s per capita GDP, adjusted for inflation, has been growing fairly consistently—and more quickly than both Washington and the U.S.-- over the past 15 years. If this trend continues, Oregon may even pass Washington’s per capita GDP in the future.
GDP Growth

Real GDP growth in Oregon has been quite volatile, but, in all but the worst of the 2009 recession, GDP growth has remained positive. It has also generally exceeded Washington and the U.S.’s GDP growth rates. Ensuring a strong Oregon economy in the future is crucial to continuing this remarkable pattern of growth.
Household income

Oregon’s median household income, adjusted for inflation, has remained relatively steady over the past 15 years and has only recently exceeded the US’s real median household income. However, Oregon still trails Washington in this statistic.
Oregon Employment
One of the biggest problems facing Oregon right now is that so many of its workers are currently out of work. Oregon's unemployment rate is one of the highest in the country, however it is important to see where the jobs are located in the economy and what industries have the highest potential for growth in terms of employment.

Unemployment

At 8.9 as of August 2012, Oregon's unemployment has lagged behind most states since the recession hit. This could be caused by a decline in housing and other related industries, or by an ineffective government response to the recession. This is one of the biggest challenges for the Oregon economy moving forward and must be discussed by our legislature in the near future in order to turn this number around, and put Oregonians back to work.
Household Income

Household Income has been one of the indicators in Oregon that has made the best improvements since the recession hit, almost back to pre-recession levels. However, ranked as 23rd in the nation, Oregon has a lot of improvements it could make to increase these numbers and give middle income families more financial security and purchasing power. This starts with increasing the number of high skill jobs available in Oregon, and moving towards our 40-40-20 goal for education which would create a more skilled workforce to fill these job vacancies.
Employment by Business Size

Due to Oregon's high levels of manufacturing companies, our employment is largely reliant on big businesses. With over 3/4 of our private sector employment coming from businesses with over 20 employees it is important for us to attract these types of companies to Oregon and to implement legislation that is friendly to businesses that are such a large part of our economy.
Oregon Exports
The Oregon economy has always had a very important export industry. Although recently the trend has shifted from logging and forestry exports to being mainly dominated by the high tech manufacturing industry, exports remain an important component of the Oregon economy.

Exports as % of GSP

The Oregon Economy is closely tied with its exports. Almost 10% of all GSP comes from Oregon exports. Although this lags significantly behind Washington's 18%, it remains a significant portion of our total GSP and should be considered an important factor when discussing Oregon's policy towards bringing in and keeping businesses with large export potential.
Export Employment

Export employment shows how much of Oregon's employment is being employed directly by the export market. This percentage does not, however, include all of the employees that work for companies that export from Oregon. If this percentage were to include all employees of companies that export it would be significantly higher. Although Oregon is below Washington in this figure, more employees are employed by exports here than in most of our geographically competitive states, and also the United States as a whole.
Oregon Exports by Sector

Oregon's export market is dominated by the manufacturing sector. Led by the high technology sector which manufactures computer and electronic products, the future of the Oregon export economy will have a large emphasis on the manufacturing sector. Besides agricultural products, that consist of all farming and forestry exports, manufacturing in chemical, machinery, and transportation make up the other large export sectors in the Oregon economy.
Key Sectors


2009-2010 Oregon Senate - Prosperity Voting Record


View by: Legislator's Name    District    Legislator's Party
Style: Tally Only    Preferred Position    Show Score


Symbol Key:
Voted with the preferred position Voted against the preferred position
Y Voted YES N Voted NO
- Did Not Vote A Absent
T Paired Vote Z Presiding
P Voted PRESENT    

  1 2 3 4 5 6 7 8 9  
Preferred Position: Y N N N N N N N N Score
Bates, Alan (D)
Oregon Senate District 3
22%
Bonamici, Suzanne (D)
Oregon Congressional District 1
11%
Boquist, Brian (R)
Oregon Senate District 12
66%
Burdick, Ginny (D)
Oregon Senate District 18
44%
Courtney, Peter (D)
Oregon Senate District 11
11%
Devlin, Richard (D)
Oregon Senate District 19
11%
Dingfelder, Jackie (D)
Oregon Senate District 23
11%
Edwards, Chris (D)
Oregon Senate District 7
11%
Ferrioli, Ted (R)
Oregon Senate District 30
88%
George, Larry (R)
Oregon Senate District 13
100%
Girod, Fred (R)
Oregon Senate District 9
77%
Hass, Mark (D)
Oregon Senate District 14
11%
Johnson, Betsy (D)
Oregon Senate District 16
22%
Knopp, Tim (R)
Oregon Senate District 27
100%
  1 2 3 4 5 6 7 8 9  
Preferred Position: Y N N N N N N N N Score
Kruse, Jeff (R)
Oregon Senate District 1
88%
Monnes Anderson, Laurie (D)
Oregon Senate District 25
11%
Monroe, Rod (D)
Oregon Senate District 24
11%
Prozanski, Floyd (D)
Oregon Senate District 4
11%
Rosenbaum, Diane (D)
Oregon Senate District 21
11%
Shields, Chip (D)
Oregon Senate District 22
11%
Starr, Bruce (R)
Oregon Senate District 15
100%
Whitsett, Doug (R)
Oregon Senate District 28
88%
Winters, Jackie (R)
Oregon Senate District 10
88%

Symbol Key:
Voted with the preferred position Voted against the preferred position
Y Voted YES N Voted NO
- Did Not Vote A Absent
T Paired Vote Z Presiding
P Voted PRESENT    

Key:

1 OR 2009: HB 2001, Transportation funding.

2 OR 2009: HB 2116, New healthcare tax.

3 OR 2009: HB 2157, Eliminates job creating tax incentives.

4 OR 2009: HB 2649, Increased income taxes.

5 OR 2009: HB 3405, Increased business taxes.

6 OR 2009: SB 284, New lawsuits against Oregon manufacturers.

7 OR 2009: SB 519, Employer gag bill.

8 OR 2010: HB 3706, New lawsuits for banks.

9 OR 2010: SB 1059, Local planning to curb business growth.