Tuesday, August 31, 2004

Oregon Economy.
Things are looking up for Oregon.
Oregon should benefit from continued solid job growth through at least 2006, state economists told legislators Tuesday.

Employment increased by 2.2 percent in the second quarter this year compared to the same period of 2003, chief economist Tom Potiowsky said in his quarterly economic and state revenue forecast. He said that was the strongest rise in four years.

Budget crises? What budget crises?
Economists predict the budget period will end next June 30 with $137 million left over. That's up by $80 million from estimates made when the 2003 Legislature wrapped up the budget a year ago.

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