2021 Value of Jobs State of the Economy
Home // The Highs & Lows of 2020 // Peer Region Comparisons // Why This Matters // Household Tax Burden
This annual update on the state of our economy, led by the Portland Business Alliance and the Value of Jobs coalition, marks yet again an unprecedented moment.
在2020年初，波特兰地区以超过 126 months of economic expansion.
几天后，COVID-19大流行关闭了我们的经济，大规模衰退随之而来.
今年的经济状况报告将更深入地关注2020年发生的事情, using trusted economic indicators and measures Portland compared to other U.S. “peer” regions using the latest data available. 以下信息旨在帮助我们社区更好地了解这一流行病的影响, 衰退和我们经济的真实状态，因为我们共同绘制了经济复苏的路线图.
你错过了本报告发布的2021年2月17日视频论坛吗. Watch the event below.
the highs and lows of 2020
2020年初标志着波特兰地区成功十年的结束. A record U.S. 经济扩张和强劲的地方经济增长提高了家庭收入，降低了贫困率. 包括英特尔(Intel)和耐克(Nike)在内的亚洲贸易部门大举投资，并扩大了业务. 优越生活质量的声誉吸引人们迁往该地区, many in early and late-career stages. However, 这十年的经济增长包括两个关键的失败:扩大的种族/民族收入差距和由在建工程导致的高房价.
A YEAR OF MANY CRISES
波特兰地区对公共卫生危机的反应是全国最好的. Elected officials, healthcare leaders, 和社区共同努力，使COVID-19的感染率和死亡率远低于美国.S. average. Those collective efforts have saved 2,000 additional lives.But 2020 offered more than just the challenges of a pandemic. 今年5月，乔治·弗洛伊德(George Floyd)被谋杀，引发了世界各地城市的种族正义抗议活动. 也许没有比波特兰更持久的了，在那里，和平抗议和言论自由的表达越来越多地被政治暴力所取代.
In September, 山火从喀斯喀特山脉席卷而下，该地区东南部社区被迫疏散，由于有毒烟雾，该地区被迫关闭. The damage was historically Oregon’s most costly.
2020 JOB LOSS AND ECONOMIC RESTRUCTURING
As 2020 came to a close, 波特兰留下了一堆指向不同方向的令人困惑的指标.成千上万的人失去了工作，但该地区的失业率仍然低于美国.S. average.
Workers in the hospitality, food service and accommodation industries remain the most impacted, 由于更严格地遵守公共卫生建议，失业率仍接近峰值水平. Consumer spending has returned but it is different.
更为谨慎的消费者和更严格的政府监管相结合，导致了该行业更大规模的失业.
At the end of 2020, the unemployment rate of women (7.9%) in Oregon exceeded men (5.9%). During COVID-19, women exited the workforce 33% more, compared to men. Across the U.S. 在2020年初COVID-19政府关闭期间，失业对低收入者造成了不成比例的影响，并没有随着经济缓慢重新开放而反弹.
The 2009-2020 economic expansion took too long to reach Black, Indigenous, Hispanic/Latinx and Asian households.Racial and ethnic income gaps grew.
In 2020, the pandemic-driven recession, with significant impacts to the leisure and hospitality sector, 加剧了种族/民族不平等，28%的黑人家庭表示难以支付每月的日常开支.
PEER REGION COMPARISONS
At the start of 2021, regional unemployment rates are below the US average, 哪一个比最近两次衰退的复苏表现更好. 尽管如此，波特兰的失业率仍然略高于其他地区.REPUTATION AND HOUSING GROWTH
在2020年期间，波特兰地区遭受了严重的声誉损害. 目前还不清楚破坏会持续多久，也不清楚它会如何减缓经济活动.The real estate market—whether measured by rents, prices, 或者搜索活动——还没有反映出一般认知调查所显示的可怕情况. Real estate searches for 2020 suggest continued in-migration, home prices are up, and rents are relatively stable. 但全国范围内的内乱和财产破坏已经对基础资本和保险市场造成了损失.
A lot of residential and commercial construction is near completion, but the pipeline for new projects is weak. 根据波特兰市发展局的领先指标, 2020年5月至10月收到的建筑许可证申请总数下降了27%，而2020年8月至10月收到的土地使用申请数量下降了35%. 2020年8月至10月，波特兰市收到的土地使用最终平台申请下降了71%.
在建的新公寓数量似乎在直线下降，下降了37%.
The region is entering a period of underproduction, 假设波特兰的吸引力还没有完全丧失，这将继续给房价和租金带来上行压力.
In early 2020, 整个都市区一居室公寓的平均租金与此相当. By January 2021, the average rent in Portland’s city core had gone down 4.5% while the rest of the region saw rents climb.
WHY THIS MATTERS
As we continue through the early months of 2021, 很多人正在考虑新冠疫苗和波特兰的声誉会对经济复苏产生什么影响.经济学家们正在关注像以色列这样以更快的速度接种疫苗的国家，看看接下来会发生什么. (By the first week of January 2021, Israel was vaccinating people at a rate of 16 per 100, where the U.S. average was closer to 2 per 100.)
The question remains, 我们阻止COVID-19传播的努力是否足够快，使我们的经济重新开放，并在更多的就业机会丧失之前复苏? How long will it take to bounce back?
DATA ANALYSIS/SOURCES:
In this report, 波特兰地区是指波特兰-温哥华-希尔斯伯勒的大都会统计区(MSA), OR-WA. 指标还将波特兰地区与其他大都市“同级”地区进行比较. 这些比较国区域是根据美国的一些指数选定的.S. Census Data. Data and analysis provided by ECONorthwest.
this report is thanks to the generous support of:
Value of Jobs coalition partners
