EUGENE, Ore. (AP) — State Economist Tom Potiowsky (puh-TOW-skee) says the Oregon economy is showing signs of improvement but he warns that recovery is expected to be slow.
The Register-Guard reports that Potiowsky told an economic conference in Eugene that statewide job growth this year should be about 1.4 percent, rising to 2 percent next year and just over 2 percent in 2013.
He said Oregon showed year-over-year job growth of 0.7 percent in the fourth quarter of last year, first growth in that category since the first quarter of 2008.
Based on those numbers and other factors, Potiowsky says the chances of a double-dip recession are fading.
