2023 Post-Production Grant Recipients Announced
The Portland Events and Film Office, in partnership with [...]
Notice of Budget Committee Meetings
On Wednesday, May 10, 2023, the FY 2023-24 Proposed Budget will be presented to the Prosper Portland Budget Committee along with the Budget Message. The meeting will be held at 2:00 p.m., followed by a public hearing where testimony will be taken on the Proposed Budget.
Portland City Council approves five-year “Advance Portland” inclusive economic development strategy
The Portland City Council has unanimously approved, with a [...]
Opportunity for input on the city’s next economic development strategy
Advance Portland is a strategic framework and action plan [...]
Data Directions: Propel Inclusive Economic Growth & Innovation
Portland has many promising traded sector industry clusters, including Green Cities, Athletic & Outdoor, Metals & Machinery, and Food & Beverage Manufacturing. It also has cross-cutting functional clusters around headquarters, software and professional services that intersect with and support these key clusters. Together, these clusters offer major growth opportunities – some in established, growing industries (e.g., Athletic & Outdoor, Software), some more emergent (e.g., Green Cities innovations around grid modernization), and others in legacy industries with a strong employment base and lower barrier to entry positions (e.g. Metals & Machinery).
Data Directions: Income
While growth of higher wage, knowledge industry jobs is certainly a positive economic sign, we’re also seeing how growth in this “next economy” is contributing to the disappearance of the middle class, with a relatively flat level of growth in middle-wage employment opportunities. And when we divide Portlanders into five income quintiles, we see the stark impact of systemic racism and inequitable opportunities.