Report

Portland Economic Update Q3 2023

Q3 2023

November 9, 2023 30 Minute Read

Portland Econ Update

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Significant gains were posted in Q3 in the construction, financial services and wholesale sectors. Meanwhile, total consumer spending improved despite continued challenges underwriting deals and financing business operations amidst tighter lending markets and modest declines in equity markets.

The Portland Metro region has maintained positive net migration since Q3 2022 and is not expected to return to negative territory in the foreseeable future.