Oregon Economy

If you’re considering purchasing some Central Oregon real estate here’s some useful information on their economy. Oregon’s economy is broken into two categories; agriculture and industry.

Oregon’s economy is broken into two categories; agriculture and industry. Cattle, vegetables, nursery stock, fruits and nuts, dairy products, and wheat provide for the agricultural side. While lumber and wood products, tourism, food processing, paper products, machinery and scientific instruments provide for the industrial side.

Oregon’s top ten employment industries as of May 2006
1. Food services and drinking places
2. Administrative and support services
3. Professional and technical services
4. Specialty trade contractors, construction
5. Ambulatory health care services
6. Hospitals
7. Computer and electronic product manufacturing
8. Nursing and residential care facilities
9. (tie) Food and beverage stores and General merchandise stores

Oregon collects personal income taxes, corporate income taxes, property taxes and gasoline taxes. It does not have a state sales tax.

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