Business index drops slightly, but ends year on positive note

The blue line indicates a steady, continuous rise of underlying components of the Central Oregon economy in employment, air passenger traffic and lodging revenue over the past several years, indicating the region's economy has rebounded from the recession. The Bulletin has partnered with the University of Oregon's College of Arts and Sciences and Department of Economics to produce the Central Oregon Business Index. The index provides a regular snapshot of the region's economy using economic models consistent with national standards. (Submitted chart)

Judging by the fourth quarter of last year, Central Oregon should not experience a recession anytime soon, according to data released in the Central Oregon Business Index.

The index rose 1.9% in the final three months of 2019, compared to the same period the year before.

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Reporter: 541-633-2117,

sroig@bendbulletin.com

Reporter

Suzanne Roig has been a reporter with The Bulletin since 2018 covering business and health in the region. When she's not working she enjoys taking her dog Pono out on hikes.

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