June 2016 Oregon Regional Economic Indicators

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

Oregon regional economies experienced strong growth in June. 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.
• New housing permits continues to be the weak spot in the numbers. While the pace of new housing construction rebounded in the Portland and Central Oregon regions to a near-neutral contribution to