Business Immo, the real estate website
Market Beat

Portland, Or : Industrial Snapshot - Q1 2014

Published on

A research produced by

Portland, Or : Industrial Snapshot - Q1 2014

Portland’s economy continues to make positive strides. The unemployment rate has consistently improved each year since 2010, standing at 6.4% as of the end of March, a 150 basis point (bp) improvement from the March 2013 unemployment rate of 7.9%, according to the State of Oregon Employment Department. Area employment grew by 2.5% over the last 12 months, significantly better than the US growth rate of 1.6%. Manufacturing, exports and housing are expected to continue at a healthy pace throughout 2014 according to Moody’s Economy.

Source : Cushman & Wakefield

This research is available only to BI or BIE subscribers

Please log in, or contact us to find out how to subscribe

Keywords : Cushman & Wakefield