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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Eugene1 week ago
Senate candidate Drazan takes aim at Democrat opponent, says Gov. Kotek should ‘spend less time obsessing over Trump’ and more time fixing Oregon after heated debate
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Eugene1 week ago
Oregon Sen. Jeff Merkley speaks out after Democrats block Republican stock trading bill, says ‘the bill Republicans are pushing is a sham’
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Eugene1 week ago
Elderly woman arrested for DUII after rear-ending vehicle, nearly crashing into victim again with little child in car before refusing to take a breath test
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Eugene3 days ago
Oregon gubernatorial candidate Drazan accuses Gov. Kotek of making homelessness “chronic and permanent” as governor says crisis “wasn’t created overnight and won’t be solved overnight”
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Eugene3 days ago
Oregon Sen. Merkley says getting anything done in the Senate is like “wading through tar” as he joins Montana Republican Sen. Daines in proposing sweeping rules overhaul
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Eugene3 days ago
Large fire involving palletized wood shavings breaks out at Coastal Farm & Ranch in Eugene, prompting early morning response from ESF
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Eugene3 days ago
Eugene woman arrested for DUII after allegedly speeding, swerving and refusing to exit vehicle, police say her blood alcohol level was .25%
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Eugene1 week ago
Eugene man arrested after allegedly pistol-whipping unhoused man in the head, attacking another victim and leaving firearm in dumpster downtown