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.
-
Oregon1 week ago“Trump is single-handedly holding it up,” Oregon Sen. Merkley urges President Trump to sign bill he says delivers the “biggest investment in housing in 30 years” ← Best
-
Oregon2 days ago“Trump can’t accept that he lost his case, so now he’s asking the Supreme Court for a re-do until he wins,” Oregon Sen. Merkley responds after Trump seeks rehearing in birthright citizenship case
-
Oregon5 days agoOregon Sen. Wyden accuses Trump of “another desperate attempt to make it harder for Oregonians to vote this November” after administration threat against election officials
-
Oregon1 week agoSen. Merkley says “GOP’s agenda is families lose, billionaires win” a year after Republicans “forced through” bill he claims slashed programs for working families while giving tax breaks to billionaires
-
Oregon1 week ago“Trump continues to profit off of his presidency,” Oregon Sen. Wyden responds after reports show President Trump made at least $1.2 billion from crypto last year
-
Oregon2 days agoOregon Sen. Wyden joins Senate Democrats demanding answers over whether Trump family-linked companies could benefit from DOJ settlement
-
Oregon5 days ago“No President can use their office to profit from corrupt crypto schemes,” Oregon Sen. Merkley responds after report raises questions over Trump’s crypto ventures
-
Eugene1 week agoDriver cited more than $1,600 after allegedly driving 80 mph in 35 mph zone in Eugene
