February 2016 State of Oregon Economic Indicators

The February 2016 State of Oregon Economic Indexes of was released today. Full report is available here. We thank KeyBank for their generous support of this project.

The Oregon economy continued to grow in February at a pace consistent with past expansions. Highlights of the report include:

• The Oregon measure of economic activity was a touch softer than the previous month, but the three-month moving average, which smooths month-to-month volatility in the measure, has been hovering in a tight range for the past three months (“zero” indicates average growth over the 1990-present period).
• The manufacturing sector was a net negative in February, largely driven by national factors but also a fall in Oregon employment in the