Monday, March 6, 2023

Portland Business Taxes Have Increased 32% Since 2019

The Portland Business Alliance and Downtown Portland Clean and Safe released the "2023 State of the Economy" report with research from ECONorthwest in late February. The report found:

  • There has been a 32% increase in local business taxes in the City of Portland since 2019
  • Portland metro employment grew faster than U.S. employment in 2022
  • Jobs were recovered nearly or fully across the state by December 2022 but were down 4.5% compared to pre-pandemic levels in Multnomah County
  • Construction and leisure/hospitality industries added the most jobs in the last year, but trade, transportation and utilities are lagging
  • Census data estimates show sizable Multnomah County out-migration but Clark County growth

Read more and download the full report at

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