Portland Slips Behind Other U.S. Cities as Report Shows Slowing Population Growth, Job Losses and Record Vacancies

The Portland Metro Chamber’s annual State of the Economy and State of Downtown & the Central City reports, released on Thursday, reflect a city facing significant challenges that have shown up in financial forecasts.

Portland’s State Of The Economy

New reports suggest that Portland’s economy and downtown are at a crossroads in 2026. The State of the Economy and State of Downtown & the Central City reports- produced by ECOnorthwest and presented by Bank of America and Downtown Portland Clean & Safe- paint a sobering picture of the region’s economic trajectory.

Structural weaknesses and declining confidence has led to urgent calls for coordinated action.

Portland’s economy- once an outperformer nationally- is now lagging. Outmigration has slowed, as natural population growth has nearly stalled, leaving future demographic expansion reliant on international migration…

Story continues

TRENDING NOW

LATEST LOCAL NEWS