Job growth is expected to recover slowly beginning in 2010 and continue building into 2011 and 2012.
Job growth slowed in 2009 but didn't stop
Statistics show some expenses declined from 2008 levels
The cost of living in the Portland-Vancouver-Salem metropolitan area remained tame in the second half of 2009, according to a report Friday from the U.S. Bureau of Labor Statistics.
Rate inched up 0.5 percent
The Vancouver Clinic has wasted little time getting construction started for its new $12 million medical office building in Battle Ground.
Companies refocus energies as they work to recover from toughest year in decades
Despite the “cash for clunkers” trade-in incentive program last summer, 2009 turned out to be the worst year for Clark County auto dealers in … well, a long time. “You’d have to go back to the early 1980s to see sales as low as last year,” said Jon Creedon, owner-manager of Vancouver Ford off state Highway 500. “But we think that was the bottom. We’ve already seen some improvement in bank lending, loan delinquencies are down and repos are down. We’re seeing a significant increase in online inquiries, a precursor to buying.”
Publishing company emerges from Chapter 11 process
The Columbian Publishing Co. today emerged from Chapter 11 bankruptcy and returns to a positive financial footing.
Recovering demand for electronics gives jolt to chipmaker, which forecasts growth for 2010
Chipmaker Taiwan Semiconductor Manufacturing Co., which owns and operates the WaferTech semiconductor foundry in Camas, said Thursday that its fourth-quarter profit more than doubled after a rebound in global demand for computers. According an Associated Press report, TSMC net income for October-December 2009 surged 162 percent from a year earlier to $1 billion on revenue of $2.9 billion. Fourth-quarter sales jumped 43 percent from a year earlier, the company said. It forecast a double-digit expansion in sales this year as the global economy recovers.
County likely to see new businesses, residents, experts say
When Bart Phillips looked out his downtown Vancouver office window on Wednesday morning, he did not see a traffic jam of Oregonians trying to escape their state’s newly voter-approved tax measures. But that doesn’t mean the yes votes on Measures 66 and 67 Tuesday won’t have a positive impact on economic development in Clark County and Southwest Washington.
Air Canada plans new daily nonstop service between Portland and Toronto beginning June 17. Portland is among seven U.S. cities that will see new Air Canada flights into Toronto, where the carrier expects to add four international connecting destinations this summer. The airline has announced it will begin flying to Athens, Barcelona, and Copenhagen, and offer same-plane, direct service to Brussels through Montreal.