Business Conditions Got Better Last Month

The Register Guard (Eugene, OR), December 19, 2007 | Go to article overview

Business Conditions Got Better Last Month


Byline: Randi Bjornstad The Register-Guard

Small businesses in Oregon may have difficulty planning for the coming year because of an increasingly "clouded outlook" for 2008, the recently released Oregon Small Business Index for November says.

Kendall Oliphant, senior vice president for Thredgold Economic Associates in Salt Lake City, which publishes the monthly index, said the atmosphere for small businesses in Oregon "is roughly on par - just slightly below - the United States as a whole."

In the coming year, "our call for the U.S. economy is to slow, but we don't think it will hit recession," Oliphant said.

Some forecasters are loudly predicting a recession, but Thredgold's latest report sees a 30 percent to 40 percent chance of a U.S. recession during the next 12 months.

Despite the uncertainties, the index - Thredgold prepares it for LibertyBank, which has its headquarters in Eugene - shows that business conditions for small business owners and managers in the state actually improved slightly in November, to 89.6 on a scale of 100, up from 88.2 in October. The baseline of 100 was set in 1997; since then, the index has averaged 88.5 annually for the state, compared with 91.8 for the nation as a whole.

In Oregon, the highest "score" since 1997 came in 2005, when it reached 99.2, compared with the low of 74.5 in 2001. Comparable national figures were 104.3 in 2004 and 71.8 in 2002.

The small business index in Oregon declined slowly during the past year until October, when it ticked up to 88.2, followed by its continued rise last month.

The main reason for the recent improvement is an increase in the state's jobless rate, which indicates that small businesses have access to a larger pool of available workers. Last month, Oregon's unemployment rate stood at 5.5 percent, compared with 5.3 percent in October. The small business index evaluates business conditions from the point of view of owners, not employees or customers.

Nationwide, the unemployment rate has remained constant, at 4. …

The rest of this article is only available to active members of Questia

Already a member? Log in now.

Notes for this article

Add a new note
If you are trying to select text to create highlights or citations, remember that you must now click or tap on the first word, and then click or tap on the last word.
One moment ...
Default project is now your active project.
Project items

Items saved from this article

This article has been saved
Highlights (0)
Some of your highlights are legacy items.

Highlights saved before July 30, 2012 will not be displayed on their respective source pages.

You can easily re-create the highlights by opening the book page or article, selecting the text, and clicking “Highlight.”

Citations (0)
Some of your citations are legacy items.

Any citation created before July 30, 2012 will labeled as a “Cited page.” New citations will be saved as cited passages, pages or articles.

We also added the ability to view new citations from your projects or the book or article where you created them.

Notes (0)
Bookmarks (0)

You have no saved items from this article

Project items include:
  • Saved book/article
  • Highlights
  • Quotes/citations
  • Notes
  • Bookmarks
Notes
Cite this article

Cited article

Style
Citations are available only to our active members.
Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

(Einhorn, 1992, p. 25)

(Einhorn 25)

1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

Cited article

Business Conditions Got Better Last Month
Settings

Settings

Typeface
Text size Smaller Larger Reset View mode
Search within

Search within this article

Look up

Look up a word

  • Dictionary
  • Thesaurus
Please submit a word or phrase above.
Print this page

Print this page

Why can't I print more than one page at a time?

Help
Full screen

matching results for page

    Questia reader help

    How to highlight and cite specific passages

    1. Click or tap the first word you want to select.
    2. Click or tap the last word you want to select, and you’ll see everything in between get selected.
    3. You’ll then get a menu of options like creating a highlight or a citation from that passage of text.

    OK, got it!

    Cited passage

    Style
    Citations are available only to our active members.
    Buy instant access to cite pages or passages in MLA, APA and Chicago citation styles.

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn, 1992, p. 25).

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences." (Einhorn 25)

    "Portraying himself as an honest, ordinary person helped Lincoln identify with his audiences."1

    1. Lois J. Einhorn, Abraham Lincoln, the Orator: Penetrating the Lincoln Legend (Westport, CT: Greenwood Press, 1992), 25, http://www.questia.com/read/27419298.

    Cited passage

    Thanks for trying Questia!

    Please continue trying out our research tools, but please note, full functionality is available only to our active members.

    Your work will be lost once you leave this Web page.

    Buy instant access to save your work.

    Already a member? Log in now.

    Author Advanced search

    Oops!

    An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.