Connect with us

Eugene

Area Businesses Hope To Rebound In The Waning Months Of Calamitous 2020

Published

on

With the pandemic and natural disasters taking an economic toll, it’d be an understatement to say 2020 wasn’t a boom time for most business owners.  As the holiday retail season gets underway, hopes still run high in Lane County for the rest of the year.

At the recent annual economic summit presented by the Eugene Chamber of Commerce and Oregon Community Credit Union, managers spoke of layoffs, depressed profits, and postponing expansions.

Destroyed store sign and gas station, Blue River, Oregon.
CREDIT BRIAN BULL / KLCC

Lane County Workforce Analyst Henry Fields explained how many events in 2020 hurt businesses, including Oregon’s summer wildfires.

“When you look at the height of the fires, there were nearly a quarter million workers in Evacuation Zones 1-3. That’s 21,000 businesses,” Fields told the audience via Zoom.

“That’s a tremendous impact and it doesn’t include things like disruption of work through smoke.”

Fields added that while 2020’s economic blowout is comparable to the 2008 Recession, jobs recovery has happened far quicker.  The continued fortunes for area businesses will rely heavily on people buying and supporting local.

You may also like…

Crime & Safety16 minutes ago

Woman deIivered her baby at home, then ignored the chiId’s cries for two days before she and her parent pIaced the infant in a container while stiII aIive and Ieft it aIong the road, causing the chiId’s death: DA

Iowa – An Iowa woman will be sentenced next week after pleading guilty to second-degree murder in the death of...

Eugene17 minutes ago

Downtown Riverfront Plaza grand opening draws strong turnout

Eugene, OR – The City of Eugene hosted the grand opening of the Downtown Riverfront Plaza along with a City...

Eugene32 minutes ago

Police arrest multiple individuals for driving under the influence in separate incidents across the city

Eugene, OR – Eugene Police arrested multiple individuals for driving under the influence in separate incidents across the city. On...

Eugene36 minutes ago

Man arrested on warrant after single-vehicle crash on W. Amazon Drive

Eugene, OR – A man was arrested after a single-vehicle crash early in the morning on September 14 in the...

Crime & Safety1 day ago

Mom cIaims she briefIy Ieft her 2-year-old aIone and, when she returned, found the chiId screaming after her partner, who didn’t get along with the child’s bioIogicaI dad, caused severe injuries with boiIing Iiquid: DA

Texas – A Texas man and woman were taken into custody last week after a thorough investigation revealed that the...

Eugene2 days ago

License plate reader system helps Eugene Police locate missing person

Eugene, OR – Eugene Police used their license plate reader system to help locate a missing person in September. In...

Eugene2 days ago

Daisy Scouts visit Eugene Police Headquarters for behind-the-scenes tour

Eugene, OR – Local Daisy Scouts visited Eugene Police Headquarters last week for a special behind-the-scenes tour. The Scouts met...

Eugene2 days ago

Eugene resident wins bike giveaway at National Night Out

Eugene, OR – A local resident celebrated big smiles and brand-new wheels after winning the National Night Out bike giveaway...

Eugene2 days ago

Recruit class 33 takes on weekly Fire Endurance Activities Test

Eugene, OR – After climbing 110 stories yesterday, the 16 members of Eugene Springfield Fire recruit class 33 returned to...

Crime & Safety4 days ago

Man who became angry when his famiIy member removed him from their parent’s home due to his Iack of support or financiaI contribution to the househoId before he arrived at the woman’s workpIace and kiIIed her, has been indicted

Florida – A grand jury has indicted 57-year-old Florida man on charges of first-degree murder and armed burgIary, for the...

Crime & Safety4 days ago

Man kiIIed the woman he was Iiving with very close to her sIeeping 2-year-old chiId, then attempted to make it look like the fataI injuries were the resuIt of a faII: police

Minnesota – A Minnesota man was taken into custody last week after authorities say he fataIIy assauIted his housemate. He has...

Trending