Central Oregon Economic Indicators


Real Estate Sales

Deschutes County December 2014

For Sale: 1,525, 11.5% decrease from December 2013
New Listing: 241, .8% decrease from December 2013
Sold: 334, 1.8% decrease from December 2013
Pended: 250, 19.6% increase from December 2013

Jefferson County December 2014

For Sale: 166, 5.7% decrease from December 2013
New Listing: 24, 26.3% increase from December 2013
Sold: 27, 35% increase from December 2013
Pended: 23, 64.3% decrease from December 2013

Crook County December 2014

For Sale: 234, .4% increase from December 2013
New Listing: 26, 0% change from December 2013
Sold: 29, 20.8% increase from December 2013
Pended: 33, 86.7% increase from December 2013

Transient Lodging Tax Collections

Deschutes County Transient Room Tax December 2014: $195,905 collected, 49% increase from November 2013*
Bend Occupancy Rates: 74.1% occupancy in September 2014, 3.3% decrease from September 2013. (data available quarterly)
Bend City Transient Room Tax November 2014: $286,771.79 collected, 35.6% increase from November 2013
*Transient room tax collections are on a cash basis system; the revenue amounts for each month relate to property rented for prior month

U of O’s Index of Economic Indicators November 2014

Strong contributions from employment components drove the Oregon Measure of Economic Activity sharply higher in November. The three-month moving average, which smooths month-to-month volatility in the measure, rose to 0.60, where “zero” for this measure indicates average growth over the 1990–present period. All four major sectors contributed positively to the overall measure. Manufacturing components were generally neutral to positive. Employment numbers and a near-neutral contribution from permits supported the construction sector. The household sector gained on strong performances from initial unemployment claims, the labor force, and gains in the stock market and consumer confidence. Employment improved broadly within the services sector, with a particularly solid contribution from the trade, transportation, and utilities component. The University of Oregon Index of Economic Indicators gained 0.3 percent in November. The level of initial unemployment claims fell to a record low (since 1993), indicative of strong economic activity underpinning employment. Employment services payrolls retreated from a large gain the previous month, but the general uptrend remains intact. Residential building permits (smoothed) and the Oregon weight distance tax (a measure of trucking activity) were largely unchanged while consumer confidence rose. Average hours worked in manufacturing continues to hover around 40, consistent with normal levels for economic expansions. New orders for core manufactured capital goods (an often volatile measure) were unchanged. In general, the UO Index has tracked sideways in recent months; this is typical behavior during a more mature expansion. The two indicators suggest continued growth in Oregon at an above average pace of activity. Further gains are likely as the national economy will continue its general upward trajectory for the foreseeable future. www.econforum.uoregon.edu/indexes.html.

New Businesses Licenses

Bend: 60 New Business Licenses from December 4-31 2014

541 Motorcycle Company
Abell Business Consulting
Action Dynamix Massage
All Star Storage
Antlers And
Atlas Cider Tasting Room
Beginright Employment Services
Bend Fire Protection
Bend Healing Together
Bend Nutrition Coach, LLC
Bend Organizers
Blue Pine Photography
Bones of the Earth
Bottaboom Firearms
Business Management
Cascade Property
Cultus Enterprises
Cutthroat Diesel
Devenio, Inc.
Dutch Bros Coffee
Eco ATM, Inc.
Entek Corporation
Flagline Vacation Rental
Fowler Vacation Rental
Fritz Consulting
Gente Bonita
Good Karma Bakery
Grant Ryder Concrete Inc.
Healthy Homes Housecleaning
Hobby Lobby Stores, Inc. #637
Immersion Brewing, LLC
James Bolton
Jeff Ferrell Construction LLC
JNA Auto Spa Scrap Metal
Junque in Bloom, LLC
K.D. Steel, Inc.
Kurt Mortland Real Estate
L.R. Brabham Inc.
Lets Play Ball
Loco Place
Meadowbrook Medical Mgmt. LLC
Moss Air BNB Suite
Old Mill Storage
One Way Inc.
Partners Property Management
Precision Trees
Rimrock Skin Care
Rock Supremacy, LLC
Sabre Motors, LLC
Santiam Counseling Center
Steve Cocherell & Sons
Terrafirma Foundations
The Bend Balloon Company
The Peaceful Dog
Tim Nolte Residential
Tim’s Traveling Sawmill LLC
Triq, Inc.
Uranus Antiques
Willamette Glass Inc.

Redmond: 4 New Business Licenses in December 2014

Flightline AC, LLC
General Nutrition
Shanti Enterprise
Suzanne E. Minshew

Sisters: 3 New Business Licenses

Bright Minds Play and Learning
Dickerhoof Construction, LLC
Noble 911 Services, LLC

Roberts Field-Redmond Municipal Airport

November Enplanements 2014 20,405 – 2013 20,075 (up 330 passengers).
November Deplanements 2014 19,985 – 2013 20,707 (down 722 passengers)

Mortgage Records – Deschutes County Clerks Office

Notices of Default, December 2014 – 16 notices, 166.7% increase from December 2013
Notices of Recission, November 2014 – 4 notices, 300% increase from December 2013
Modification/Amendment on Deed of Trust or Mortgage, November 2014 – 38 modifications filed, 30.9% decrease from December 2013
Lien Completion Notice, November 2014 – 71 completions filed, 22.4% increase from December 2013


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