From the DJC:
Clark County is experiencing a $6.1 million budget deficit due to slowing building conditions. Midway through 2008, the county’s revenue from new building purchases, which accounts for a quarter of the county’s sales and use taxes, has decreased rapidly.Real estate taxes are down 41 percent since last year at this time, development fees […]
From the Oregonian:
Hooters of Beaverton will close Thursday because of stagnating sales, an executive of the company that owns it said Monday. The restaurant is one of two Hooters in Oregon owned by Hootwinc of Oceanside, California.“Sales over past year weren’t growing at the rate we hoped and expected,” said Art Tinajero, vice president of […]
From the Oregonian:
Locked doors and news reports were the only notices that many employees of four Portland-area Chili’s Grill & Bar restaurants received Monday and Tuesday informing them they were out of work.
Several said while jobs of the roughly 200 employees at Chili’s weren’t lucrative positions, they enjoyed their work, felt a sense of belonging […]
From the DJC:
The region’s real estate markets have taken an across-the-board dip in the first quarter of 2008, according to the latest quarterly findings. A report issued by Morris, Beggs & Simpson shows aflattening of the office market and a steep upswing in central city industrial and retail vacancy rates.National concerns about the economy keep […]
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