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Oregon’s economic outlook clouded by tariffs and federal spending cuts

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Manage episode 482967859 series 3541037
Content provided by OPB and Oregon Public Broadcasting. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by OPB and Oregon Public Broadcasting or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Oregon lawmakers will have roughly $500 million less to work with for the next two-year budget cycle, according to the state’s latest economic and revenues forecast unveiled Wednesday in Salem. The uncertainty sparked by tariffs, slashed federal spending and immigration issues are clouding the state’s economic outlook, according to Oregon Chief Economist Carl Riccadonna. Also on Wednesday, the state released its latest jobs report. It showed that unemployment in Oregon rose to 4.7% in April, which is higher than the national average and marks a gradual increase over the past year.

Oregon Chief Economist Carl Riccadonna joins us for more details about the state’s economic outlook and the challenges ahead.

  continue reading

1249 episodes

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iconShare
 
Manage episode 482967859 series 3541037
Content provided by OPB and Oregon Public Broadcasting. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by OPB and Oregon Public Broadcasting or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://podcastplayer.com/legal.

Oregon lawmakers will have roughly $500 million less to work with for the next two-year budget cycle, according to the state’s latest economic and revenues forecast unveiled Wednesday in Salem. The uncertainty sparked by tariffs, slashed federal spending and immigration issues are clouding the state’s economic outlook, according to Oregon Chief Economist Carl Riccadonna. Also on Wednesday, the state released its latest jobs report. It showed that unemployment in Oregon rose to 4.7% in April, which is higher than the national average and marks a gradual increase over the past year.

Oregon Chief Economist Carl Riccadonna joins us for more details about the state’s economic outlook and the challenges ahead.

  continue reading

1249 episodes

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