Going into 2001, growth rates in the Western Region states willease, "but the excitement will continue," according to US Bank'sin-depth economic forecast and review by John Mitchell, economistfor the bank's Western Region. He is the author of Territory 2001,the report that analyzes employment, personal income, and overalleconomic performance in each of the region's six states.
Mitchell says Oregon's industry mix is well suited to a worldthat will be characterized by investment strength in order toincorporate the new technology into business and households. Hereare a few of his reflections and predictions for the state:
* Oregon's slowing expansion was evident in the residential realestate sector where building permits moved sharply lower than thosereported in 1999.
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