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Portland : Office Snapshot - Q2 2013

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Portland : Office Snapshot - Q2 2013

Portland’s economy continued to improve with each passing month and quarter. Positive sentiment has revived among both business and households as a result of the improving housing market and increased consumer and business spending. Much of the damage done during the recession has been repaired and many businesses are in a position to expand. The baseline outlook for job growth is 2.6%, on an annualized basis, over the next two years, up from 2.0% projected for 2013. Job growth has doubled since 2012. Since the beginning of 2013 Oregon has added 14,400 jobs compared to the same period in 2012, when only 7,100 jobs were added.

Source : Cushman & Wakefield

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