I need a few grains for this report: Oregon's economy is "recovering."
Comments (5)
I think it's probably just the usual journalistic confusion -- they heard that Oregon's economy needed a 12-Step program for its addiction to growth and would spend years in recovery, but they wrote that it was "Recovering," by which they meant a return to feeding the addiction.
OK they say: "Oregon is beginning to recover as labor market conditions have improved considerably in recent months."
So I look deeper:
"How Does Portland Rank?
EMPLOYMENT GROWTH RANK
Best=1 Worst=392
2009-11
199
3rd quintile"
Huh? That is improvement? I guess I need to pay the $360.00 for the complete Portland economic outlook and profile to understand!
PS: "However, the delayed housing correction will pose a threat to recovery over the next year."
Comments (5)
I think it's probably just the usual journalistic confusion -- they heard that Oregon's economy needed a 12-Step program for its addiction to growth and would spend years in recovery, but they wrote that it was "Recovering," by which they meant a return to feeding the addiction.
Posted by George Anonymuncule Seldes | August 31, 2010 5:12 PM
JOURNALISTIC!?
It's from Moody's...wanna' buy some CDOs? They're weffer thin!
Posted by Old Zeb | August 31, 2010 7:31 PM
Don't use sea salt as this smells fishy enough.
Posted by Abe | August 31, 2010 8:17 PM
OK they say: "Oregon is beginning to recover as labor market conditions have improved considerably in recent months."
So I look deeper:
"How Does Portland Rank?
EMPLOYMENT GROWTH RANK
Best=1 Worst=392
2009-11
199
3rd quintile"
Huh? That is improvement? I guess I need to pay the $360.00 for the complete Portland economic outlook and profile to understand!
PS: "However, the delayed housing correction will pose a threat to recovery over the next year."
Posted by dman | August 31, 2010 8:48 PM
Confusing choice of colors.
Posted by David E Gilmore | September 1, 2010 6:28 AM