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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“Pepper spraying a senator and everyday Americans at a peaceful protest”, Oregon Sen. Ron Wyden demands accountability for “Trump’s ICE” after claims of protest chaos and mistreatment
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Governor Tina Kotek announces major housing plan targeting older Oregonians with millions in new funding aimed at stabilizing housing conditions
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Oregon1 week ago
Governor Tina Kotek issues statement on second quarter revenue forecast, warns of several challenges affecting Oregon’s financial future and economic outlook
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Oregon1 week ago
Governor Tina Kotek announces major housing plan targeting older Oregonians with millions in new funding aimed at stabilizing housing conditions
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Oregon1 week ago
Governor Tina Kotek advances dozens of board appointments impacting major state agencies for Oregon Senate confirmation, covering health care and education
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Oregon3 days ago
“Pepper spraying a senator and everyday Americans at a peaceful protest”, Oregon Sen. Ron Wyden demands accountability for “Trump’s ICE” after claims of protest chaos and mistreatment
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Oregon3 days ago
Oregon Senate race heats up as GOP candidate calls out Democrats’ “blame game on the President” and says it has been their “over regulating, tax and spend policies” over decades of control
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Oregon3 days ago
Oregon Sen. Ron Wyden claims Trump move creates “$1.7B slush fund for right-wing political violence” and warns of “historic taxpayer theft”
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Eugene1 week ago
Eugene Springfield Fire responds to gas leak report at Santa Clara commercial building on Division Avenue
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Eugene3 days ago
ESF crews respond to single-vehicle crash on I-105 that leaves one dead and one seriously injured after vehicle strikes tree, officials say