Oregon regions seeing above average growth

December 30, 2015 Comments off

logo-oregoneconomicforumUniversity of Oregon Regional Economic Indexes
By Tim Duy
Oregon Economic Forum
University of  Oregon

Oregon Regional Economic Indicators:

October measures of economic activity were generally solid across all regions in Oregon.  Highlights of the report include:

  • Moving average measures of activity – which smooth monthly volatility – indicate that the Portland Metro, Eugene-Springfield, Salem and Central Oregon regions are growing near or above their average paces of activity, while the Rogue Valley is just somewhat below normal growth.
  • Residential housing sales were strong throughout the state in October, although that activity still is not translating into widespread gains in new residential construction. Residential permits contributed positively to the Portland metro figures, nearly neutral in Central Oregon, and sharply negatively in the Rogue Valley and Salem areas.
  • Employment indicators were generally supportive with most sectors contributing positively. In addition, the unemployment rate and civilian labor force now yield a neutral to positive impact across all measures.
  • Also note that low levels of unemployment claims are adding significant contributions to the measures and are indicative of continued strong job growth. In general, conditions across the state continue to improve as the recovery broadens and deepens throughout more sectors of the economy.

Reminder:  The regional measures are prone to potentially large swings due to the volatility of some of the underlying data, particularly measures of employment.  The moving average measures smooth out much of that volatility.

Big 25th Birthday Party for Measure 5

December 19, 2015 Comments off

Nearly 200 people showed up to the Portland Airport Shilo Inn to celebrate the 25th Birthday of Measure 5 on December 2nd.   The cake read “You saved our home” Without Measure 5 your property taxes would be 40% higher!

mez5photo-cake Read more…

Protect the legacy of Measure 5

December 18, 2015 Comments off

You can protect the legacy of Measure 5 with a donation to the Taxpayer Foundation of Oregon.
Make a donation of cash, stock, vehicles or other items here.

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It almost didn’t happen… Read more…

Taxpayer Foundation in the news exposing $100,000 wasted on city hall TV

December 11, 2015 Comments off

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Taxpayer Foundation researcher Richard Leonetti was on KATU-TV over Hillsboro paying $100,000 for a jumbo-tron TV.

KATU-TV News transcript — Dec. 10 2015:  The City of Hillsboro spent more than $110,000 on a large television display used during city council meetings at the Shirley Huffman Auditorium at the Hillsboro Civic Center.”If you ‘re attending the city council meeting, you’re going to be able to look up here and see the document that is going to be discussed or an historic photo,” City of Hillsboro spokesperson Patrick Preston said. “If you ‘re attending the city council meeting, you’re going to be able to look up here and see the document that is going to be discussed or an historic photo.”  Richard Leonetti with the Taxpayer Foundation of Oregon believes the city should have gone with a much less expensive tool. Read more…

Oregon shocker: State painfully lags behind nation

November 20, 2015 Comments off

Last year, Oregon was ranking among the worst states in several important categories. The Taxpayer Foundation helped to raise awareness and solicit ideas from Oregon taxpayers on how we could do better.

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Much of Oregon hurt by housing sales

October 5, 2015 Comments off

University of Oregon Regional Economic Indexes
By Tim Duy
Oregon Economic Forum

chart-duy-reg-oct15

July was another solid month for regional economies in Oregon. Highlights of the report include: Read more…

Common Kicker questions answered

September 21, 2015 Comments off

taxesCommon Kicker questions:
By Oregon Department of Revenue,

Kicker credit: Can I claim the full kicker credit if my spouse recently died and the income was included in our 2014 joint return?

​Yes, you may claim the entire credit on your 2015 return even though you may be filing using the single status.

Kicker credit: Can I claim the kicker credit if I filed late?

​Once your return is processed, provided you don’t fall into one of the categories of individuals who aren’t eligible for the credit, you can claim the credit.

Read more…

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