July 2016 Oregon Regional Indicators

The July 2016 Oregon Regional Economic Indicators was released today. Full report is available here. We thank KeyBank for their generous support of this project.

Oregon’s regional economies maintained solid growth in July. Highlights of this month’s report include:

• The measures for all regions continue to indicate above average growth (both the “raw” May numbers and the moving average measures of activity, which smooth monthly volatility). Recall that “zero” for these measures indicates relative average growth; each region has its own underlying growth rate.
• The Portland-Metro region continues its streak of solid performance, albeit the pace of activity looks to have moderated a bit compared to the end of 2015. New housing permits made a significant