Eugene
Area Businesses Hope To Rebound In The Waning Months Of Calamitous 2020
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.
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.
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Oregon7 days ago
Governor Kotek vetoes House Bill 4177, citing concerns the legislation could unintentionally weaken transparency while attempting to clarify Oregon’s public meetings law
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Oregon1 week ago
Governor Tina Kotek signs eight bills to limit impacts of federal immigration enforcement and ensure immigration status can no longer be used as evidence in civil court cases
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Oregon1 week ago
Governor Tina Kotek considers veto of public meetings bill, raised concerns that certain provisions may undermine transparency in how public business is conducted
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Eugene7 days ago
Eugene Springfield Fire responds to gas leak after construction work strikes line, reminds residents to call 811 before digging
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Eugene7 days ago
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Crime & Safety1 week ago
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