I recently attended a luncheon where the featured speaker was Tom Potiowsky, Economist for the State of Oregon. Here are a few links to stay up to date on the state economy and also the highlights of the presentation:
Inflation? Because we won’t see major employment and income increases we shouldn’t see inflation until 2012
Unemployment in Oregon? It’s going to stay around 10.5% even through much of the recovery because employers will add hours and take off furlough days before hiring new workers
Recovery? Technically we’re in the early stage of recovery but this might be one of the slowest recoveries on record, maybe 5 years.