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| Oregonxl » About Oregon » Economy of Oregon |
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Economy of Oregon |
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Nature has been bountiful in endowing Oregon with vast natural resources. The forests have trees galore which formed the basis of the flourishing log wood and timber industry. Aluminum industry also generates a lot of employment opportunities. A plethora of job opportunities are opening in the information technology sector. Research and Development activities are also on the rise because of the active collaboration between the government and educational sectors. The construction of various buildings in Oregon has resulted in the generation of employment opportunities.
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Portland is the hub of computer and electronic sector in Oregon which created enormous job opportunities. The dot com debacle was responsible for the plummeting employment opportunities in the information technology sector. However, during 2002 Oregon witnessed an overall dip in the employment scenario. Portland in Oregon is the hub of information technology and electronics. Some of the companies which are located in the state of Oregon are Nike, Tektronix, Portland General Electric, Schnitzer Steel Industries Inc etc.
The fishing industry and the tourism is also raking in revenues for Oregon . There are a plethora of distilleries in Oregon . Wine industry is another sector which creates huge employment opportunities and rakes in revenue for Oregon . The economy of Oregon is growing by leaps and bound . Oregon is slated to usher in an unprecedented boom in its economy .
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