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UO economic gauge dips slightly.


Byline: Sherri Sherri is a given name, and may refer to:
  • Sherri Baier, former Canadian pairs figure skater
  • Sherri Coale (born 1965), current women's basketball coach for the University of Oklahoma Sooners
 Buri McDonald The Register-Guard

A University of Oregon The University of Oregon is a public university located in Eugene, Oregon. The university was founded in 1876, graduating its first class two years later. The University of Oregon is one of 60 members of the Association of American Universities.  economic index fell slightly in May but continues to forecast slow to moderate growth in the state for the next three to six months.

The index was 103.3 in May, compared with 103.4 in April and a base level of 100 in 1997.

Half of the eight indicators the index tracks improved in May, three deteriorated and one was unchanged from the previous month.

The labor market labor market A place where labor is exchanged for wages; an LM is defined by geography, education and technical expertise, occupation, licensure or certification requirements, and job experience  continued to show strength in May. Employers added 4,600 jobs, excluding farm work, for a gain of 15,100 jobs since the beginning of the year. Initial unemployment claims were virtually unchanged from the previous month.

Help-wanted advertising in The Register-Guard, Bend Bulletin and The Oregonian unexpectedly plunged in May, perhaps indicating a growing influence of online job advertising, said Tim Duy, economist and author of the index.

The job growth was concentrated in construction, government, education and health services health services Managed care The benefits covered under a health contract . Duy questioned whether construction could continue to generate those gains.

Oregon Oregon, city, United States
Oregon, city (1990 pop. 18,334), Lucas co., NW Ohio, a suburb adjacent to Toledo, on Lake Erie; inc. 1958. It is a port with railroad-owned and -operated docks. The city has industries producing oil, chemicals, and metal products.
 residential building permits rebounded after a drop in April, but they are still 30 percent below last year's level, Duy said. That's consistent with the declines in housing nationally, he said.

The Oregon weight distance tax, a measure of trucking activity, declined in May after a surge in April. Consumer confidence and the yield spread - the difference between short- and long-term Long-term

Three or more years. In the context of accounting, more than 1 year.


long-term

1. Of or relating to a gain or loss in the value of a security that has been held over a specific length of time. Compare short-term.
 interest rates - both improved in May.

Manufacturing orders, excluding defense and aircraft, fell in May, following two months of gains.

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Title Annotation:Business; Half the tracking indicators for May rose and three declined, but moderate growth is still predicted for several months
Publication:The Register-Guard (Eugene, OR)
Date:Jul 6, 2007
Words:254
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