The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Friday, June 2, 2017
Oregon and Washington Have Fastest Growing GDP in the US
Washington and Oregon ranked #1 and #2 in GDP growth among US states for 2016, with 3.7% and 3.3% growth respectively. According to Amy Vander Vliet of the Oregon Employment Department, this is the eighth time in 18 years that Oregon has cracked the top five. Durable goods manufacturing and construction were top contributors to Oregon's growth in 2016. Other states with at least 3% GDP growth include New Hampshire, Utah, Georgia, and Florida. Read more.