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.
Portland’s Economic Recovery and Job Growth Must Prioritize BIPOC-Communities
Prosper Portland has been committed to the growth of [...]
Cully TIF District approved by Portland City Council vote Wednesday, November 16
Portland City Council has voted 5-0 to approve the [...]