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Oregon's Economy Slows Amid Rising Income Inequality

12/1/2025

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Summary

Story summary

Oregon's economy is slowing as median household income rose to nearly $90,000 last year, up 1.1% and behind national growth.
Over 14,000 layoffs were announced in 2024, pushing the unemployment rate to 5%.
Manufacturing and construction have lost thousands of jobs.
State economists maintain a positive outlook due to high corporate income taxes, but warn that rising income inequality could slow overall economic growth.

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Story summary

Oregon's economy is slowing as median household income rose to nearly $90,000 last year, up 1.1% and behind national growth.
Over 14,000 layoffs were announced in 2024, pushing the unemployment rate to 5%.
Manufacturing and construction have lost thousands of jobs.
State economists maintain a positive outlook due to high corporate income taxes, but warn that rising income inequality could slow overall economic growth.