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

Oregons per capita GDP, adjusted for inflation, has been growing fairly consistentlyand more quickly than both Washington and the U.S.-- over the past 15 years. If this trend continues, Oregon may even pass Washingtons 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

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

Unemployment

Oregons unemployment rate has been consistently higher than both the U.S. and Washingtons unemployment rates over the past decade. Helping businesses create new jobs is a crucial goal to decrease Oregons unemployment.
Top 5 Industries for Oregon Employment

Oregon has many different industries driving its vibrant economy. Many Oregon jobs are within the healthcare and retail industries, but manufacturing, government, and food and lodging are also crucial for keeping Oregonians employed. Beyond these top-5 industries, many Oregonians are also employed in the production and distribution of durable goods as well as with financial-related occupations.
Oregon employment by business size

More than half of Oregons workers are employed by companies with fewer than 100 employees, and over a quarter are employed by companies with fewer than 20 employees. As policymakers continue to adjust employment regulations, it is important to consider the many small businesses that employ the majority of Oregonians.
Oregon Exports
Exports have always been a crucial sector of the Oregon economy. Although recently major exports have shifted from logging and forestry to high tech manufacturing and related industries, exports still remain an important component of the Oregon economy and play an important role in both Oregons GDP and its employment.

Export Employment

Oregons employment is helped by its stronger-than-average export market. While Washington exports account for a larger percentage of jobs than in Oregons exports do, Oregon still has a larger portion of jobs associated with exports than California and the US as a whole.
Oregon Exports by Sector

Oregons export industry is particularly strong in computers and electronics manufacturing, and agriculture also plays an important role.
Key Sectors


Who We Are

The Oregon Prosperity Project is representative of numerous organizations in Oregon that share a set of common goals: to provide 25,000 net new jobs each year, to raise Oregon’s per capita income above the national average by 2020, and to reduce Oregon’s poverty rate to less than 10% by 2020. Achieving these goals requires bipartisan support and commitment toward enriching Oregon’s education system, natural resources, business climate, and infrastructure.

A variety of organizations across Oregon are committed to meeting these goals. Together, we have partnered to promote the Oregon Prosperity Project as a venue for information about issues surrounding Oregon’s economy and government.

These partners include:

Associated Oregon Industries

Portland Business Alliance

Associated Oregon Loggers

Medford Chamber of Commerce

Salem Chamber of Commerce

Seaside Chamber of Commerce

Gresham Chamber of Commerce

Dallas Chamber of Commerce

North Clackamas Chamber of Commerce

Oregon Business Council

Tualatin Chamber of Commerce

Wilsonville Chamber of Commerce

 

The Oregon Prosperity Project is also part of a broader nationwide movement to increase political awareness of issues important to creating jobs and improving our economy. Use the link below to find and contact a national partner:

National Partners