Business Services Industry

University of Oregon to gauge performance of economy.

Knight Ridder/Tribune Business News, December, 2004

By Sherri Buri McDonald, The Register-Guard, Eugene, Ore. Knight Ridder/Tribune Business News

Dec. 3--The University of Oregon released its first index of economic indicators Thursday to do for the state what the independent research group The Conference Board does for the nation with its index of leading economic indicators.

The UO index gives a monthly snapshot of Oregon's economy, based on eight measures, including the state's labor market, construction industry and shipping activity, as well as national consumer confidence, manufacturing orders and financial market conditions.

"This report summarizes monthly data that otherwise are available only as disparate and possibly contradictory bits of information," said Tim Duy, an...

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