And combine with this, and it’s not great bob. Neither of these are Oregon-caused problems, but any regional economy would suffer if two major pillars falter.
04.04.2025 01:34
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And combine with this, and it’s not great bob. Neither of these are Oregon-caused problems, but any regional economy would suffer if two major pillars falter.
Yikes. It’s all speculation right now. But if the R&D shrinks that’s a full fledged regional economic problem.
Plus lots of good navel gazing for those who know Bend, and Oregon and the people working on and advocating for housing policy.
Really enjoying @jonathanmbach.bsky.social new book on Bend housing that’s really about Oregon/Blue states, land use, affordability. But, as good reporters do, he pairs it with the humanity of the housing crisis, including his own.
Portland domestic migration is back to treading water. Urban neighborhoods still negative, but metro region at 0 over past year, implying some positive quarters. Baseline outlook is still for small, positive gains but will see. I was fooled by the head fake 18 mths ago.
Midwestern delicacies #okra #ranch #Tank7 #ChiefsKingdom
What an album! Legendary
Got 👦🏻 a jersey 👕 of his favorite soccer player ⚽️ for Christmas 🎅 He plays as him in video games 🎮 Our shared 👨🏻🍼soccer fantasy team 🧝🏻♂️ is named The Martinezes. But one of them is not like the others 😍😈🤡 Yes this also counts as a United relegation battle tweet 🤣
Can’t wait. I love me some institutionalist work!
Nice! Can’t wait to read it, only had summaries of North before. Read a lot of Veblen and Galbraith in school…
I’m excited about it for sure!
Merry Christmas everyone. Don’t be jealous, but you too can get Nobel prize winner book on institutions as well 📈📊🤓❤️ #econsky
Merry Christmas everyone. Don’t be jealous, but you too can get Nobel prize winner book on institutions as well 📈📊🤓❤️
Not yet. Changes Census made were to include “humanitarian” migrants. I swear I saw chart of the breakdown but can’t find in now. They then allocated national humanitarian migrants to the states. They are working on refining that methodology. But recent migrants are a lot Central/S Amer, & Ukraine
Census with early Xmas present with revised data showing oregon population growing! Gains all international migration, which unlikely to continue, but up is up for now. Need domestic migration to rebound to to see labor force growth.
lol thanks! Definitely taken out a few (permitted) trees over the years
Galaxy are low key not good. Seattle always sucks. But the worst thing I saw today was Merry Gentlemen. 2/10 at best. Premise is good! But considering its strippers and One Tree Hill boy, hard to find a less sexy movie. Zero backstory. Zero chemistry. Just all around bad. Next.
Another successful family Christmas tree hunting trip 🌲🪓l🧑🧑🧒🧒🎄
Thankful for a lot, including my hip that hurts after multiple rounds of footgolf in recent days 👦🏻 ⚽️⛳️ 🦃 🍂 Little man thankful for two 50 yard shots he sank 🔥
Ha! Of course!
Post a perfect album from the 90s that isn’t Nirvana, Pearl Jam, Soundgarden, or Alice In Chains.
Post a picture you took (no description) to bring some zen to the timeline
Is this IRS data? Assume so given it says AGI. 2021 was cap gains boom year so inequality worsened, making it look regressive even as public policy (ui replacement rate, rebates) should be progressive. Unsure if that’s the entire story or not. Can you do components of income by zip code?
🚨 2024 Christmas Movie Thread 🚨
Hot Frosty. Netflix. This movie was so fetch. Perfect ensemble cast! Ted, Boyle, Doug Judy. 9.5/10. Lots of notes and questions. Mostly wtf is wrong with this town? Nobody finds it weird! At all? Also Jesus like vibes/plot? For a snowman?
Higher res chart. Looks like the new, revised data takes 25,000 size of potential labor force (assuming same age structure, don’t have those details yet). It’s not catastrophic, but OR is on a slower, smaller trajectory than previously thought
New Oregon population estimates from Portland State. Big news is ~50k downward revision, in part due to IRS data. Now not much diff b/w PSU & Census. Census ‘24 data in Dec. Impacts: likely none for forecast, expect mediocre growth, but size of potential labor force ~30k smaller
Homes 20-30-40 yrs old are prime remodel candidates. That means homes built when Mr. Brightside, Yeah, and Tipsy were top of the charts need to be remodeled. Given Shaboozey recognizes this speaks to pent up remodel demand.
I’m becoming more optimistic on remodeling. Fundamentals are aging stock, record home equity, and demographics (millennials about to hit remodel yrs), but also lock-in effect. If you can’t sell/trade up you fix up what you have. Similar to post GFC when stuck in place due to LTV.
New state data from BEA. Oregon's overall economy shows solid, middle of the pack growth. However when combined with a stagnant population, Oregon is Top 10 in economic outcomes for residents, things like real GDP per worker & per capita personal income.
Oregonians moving across river to SW WA are increasingly higher income (unlike other migrants moving there). However the increase isn’t about super high income HHs (>$200k) it about the broad upper middle class ($100-200k) movers. (PDX is tricounty, NonPDX is all other OR + other states)