OREGON UPDATES
Oregon’s Economic Competitiveness: A Positive Outlook for 2024 Oregon Business & Industry’s 2024 Oregon Competitiveness Book highlights several positive
Oregon’s Economic Competitiveness: A Positive Outlook for 2024
aspects of the state’s economy and potential growth areas. Here are some key highlights:
1
2 3
STRONG TECHNOLOGY & INNOVATION SECTORS: Oregon’s tech industry is a major economic driver, contributing significantly to growth and innovation.
HIGH QUALITY OF LIFE: The state attracts and retains a skilled workforce due to its desirable living conditions, making it a competitive place for businesses and professionals alike.
LOW ENERGY COSTS: Both businesses and residents benefit from some of the lowest energy costs in the nation, providing a cost advantage.
4 5 6
ROBUST EXPORT MARKET:
SKILLED WORKFORCE: The state’s highly skilled workforce is a key asset, enhancing its competitive edge in various industries.
CHALLENGES & OPPORTUNITIES:
Oregon’s export market continues to support economic growth, with strong performance in various sectors.
While high taxes and regulatory burdens present challenges, they also highlight areas for potential improvement to further enhance economic competitiveness.
32
The Business Review | July 2024
Made with FlippingBook - professional solution for displaying marketing and sales documents online