December 2020 Washington County Economic Indicators

This week in Strong Local Economy, Brandon Schrader, Workforce Analyst with Oregon Employment Department, shares an economic update on our local unemployment rate and employment gains.

The news is relatively positive with a mix of improving unemployment rates across the state and stagnating job gains.

We also assess consumer confidence and spending through an article published by the National Bureau of Economic Research.

The takeaway? How the average consumer feels can give us an idea of where the economy is and where it’s headed as we enter 2021.