SlideShare a Scribd company logo
1 of 22
OFFICE OF ECONOMIC
ANALYSIS
Tourism and Oregon’s
Economy
July 11th, 2016 Oregon Office of Economic Analysis
Mark McMullen
Josh Lehner
1
OFFICE OF ECONOMIC
ANALYSIS
Macro Trends
2
OFFICE OF ECONOMIC
ANALYSIS
Hitting the Road
3
Source: BEA
OFFICE OF ECONOMIC
ANALYSIS
Hotel & Motel Spending
4
OFFICE OF ECONOMIC
ANALYSIS
Oregon Trends
5
OFFICE OF ECONOMIC
ANALYSIS
Back to Peak Employment
6
OFFICE OF ECONOMIC
ANALYSIS
Oregon Boom & Bust
7
OFFICE OF ECONOMIC
ANALYSIS
Regional Overview
8
OFFICE OF ECONOMIC
ANALYSIS
Low Productivity
9
OFFICE OF ECONOMIC
ANALYSIS
Result is (Very) Low Wages
10
Statewide Avg: $48,300
Travel/Tourism: $20,600
OFFICE OF ECONOMIC
ANALYSIS
Large Employment Sector
11
OFFICE OF ECONOMIC
ANALYSIS
Spread Throughout the State
12
OFFICE OF ECONOMIC
ANALYSIS
Can Be Very Important Sector
13
OFFICE OF ECONOMIC
ANALYSIS
Broader Impacts Too
14
OFFICE OF ECONOMIC
ANALYSIS
Outlook
15
OFFICE OF ECONOMIC
ANALYSIS
Tourism Spending By Age
16
Sources: Oregon Office of Economic Analysis, BLS
OFFICE OF ECONOMIC
ANALYSIS
Lodging Spending by Age
17
OFFICE OF ECONOMIC
ANALYSIS
Boomers Account For Half of
Spending on Lodging
18
OFFICE OF ECONOMIC
ANALYSIS
Lodging Taxes Are Less Regressive
Than Most Other Sales Taxes…
19
OFFICE OF ECONOMIC
ANALYSIS
…But More Volatile
20
Source: BEA
OFFICE OF ECONOMIC
ANALYSIS
Demographics and the Outlook
21
OFFICE OF ECONOMIC
ANALYSIS
22
For More Information
Standard Contact:
155 Cottage Street NE
Salem, OR 97301
(503) 378-3405
oea.info@state.or.us
www.oregon.gov/das/oea
Social Media:
www.OregonEconomicAnalysis.com
@OR_EconAnalysis

More Related Content

What's hot

Amárach Economic Recovery Index November 2016
Amárach Economic Recovery Index November 2016 Amárach Economic Recovery Index November 2016
Amárach Economic Recovery Index November 2016 Amarach Research
 
Amárach Economic Recovery Index October 2016
Amárach Economic Recovery Index October 2016 Amárach Economic Recovery Index October 2016
Amárach Economic Recovery Index October 2016 Amarach Research
 
Amárach Economic Recovery Index December 2016
Amárach Economic Recovery Index December 2016 Amárach Economic Recovery Index December 2016
Amárach Economic Recovery Index December 2016 Amarach Research
 
Kliesen gascon october 15
Kliesen gascon october 15Kliesen gascon october 15
Kliesen gascon october 15kellygg
 
Amárach Economic Recovery Index September 2016
Amárach Economic Recovery Index September 2016 Amárach Economic Recovery Index September 2016
Amárach Economic Recovery Index September 2016 Amarach Research
 
Amárach Economic Recovery Index August 2016
Amárach Economic Recovery Index August 2016 Amárach Economic Recovery Index August 2016
Amárach Economic Recovery Index August 2016 Amarach Research
 
China hard landing
China hard landingChina hard landing
China hard landingpratidsf
 

What's hot (20)

Oregon Economic and Revenue Forecast, March 2017
Oregon Economic and Revenue Forecast, March 2017Oregon Economic and Revenue Forecast, March 2017
Oregon Economic and Revenue Forecast, March 2017
 
Oregon Economic and Revenue Forecast, September 2015
Oregon Economic and Revenue Forecast, September 2015Oregon Economic and Revenue Forecast, September 2015
Oregon Economic and Revenue Forecast, September 2015
 
State Prime-Age EPOP
State Prime-Age EPOPState Prime-Age EPOP
State Prime-Age EPOP
 
Amárach Economic Recovery Index November 2016
Amárach Economic Recovery Index November 2016 Amárach Economic Recovery Index November 2016
Amárach Economic Recovery Index November 2016
 
Oregon Economic and Revenue Forecast, May 2017
Oregon Economic and Revenue Forecast, May 2017Oregon Economic and Revenue Forecast, May 2017
Oregon Economic and Revenue Forecast, May 2017
 
Weekly Economic update 8-5-2013
Weekly Economic update 8-5-2013Weekly Economic update 8-5-2013
Weekly Economic update 8-5-2013
 
Amárach Economic Recovery Index October 2016
Amárach Economic Recovery Index October 2016 Amárach Economic Recovery Index October 2016
Amárach Economic Recovery Index October 2016
 
Amárach Economic Recovery Index December 2016
Amárach Economic Recovery Index December 2016 Amárach Economic Recovery Index December 2016
Amárach Economic Recovery Index December 2016
 
Portland Metro Housing Overview
Portland Metro Housing OverviewPortland Metro Housing Overview
Portland Metro Housing Overview
 
Kliesen gascon october 15
Kliesen gascon october 15Kliesen gascon october 15
Kliesen gascon october 15
 
Amárach Economic Recovery Index September 2016
Amárach Economic Recovery Index September 2016 Amárach Economic Recovery Index September 2016
Amárach Economic Recovery Index September 2016
 
Oregon Economic and Revenue Forecast, September 2017
Oregon Economic and Revenue Forecast, September 2017Oregon Economic and Revenue Forecast, September 2017
Oregon Economic and Revenue Forecast, September 2017
 
Amárach Economic Recovery Index August 2016
Amárach Economic Recovery Index August 2016 Amárach Economic Recovery Index August 2016
Amárach Economic Recovery Index August 2016
 
Public Sector in Rural Oregon
Public Sector in Rural OregonPublic Sector in Rural Oregon
Public Sector in Rural Oregon
 
Oregon Jobs Gap by Region
Oregon Jobs Gap by RegionOregon Jobs Gap by Region
Oregon Jobs Gap by Region
 
Oregon Mid-Valley Outlook 2016
Oregon Mid-Valley Outlook 2016Oregon Mid-Valley Outlook 2016
Oregon Mid-Valley Outlook 2016
 
China hard landing
China hard landingChina hard landing
China hard landing
 
Oregon Economic and Revenue Forecast, June 2018
Oregon Economic and Revenue Forecast, June 2018Oregon Economic and Revenue Forecast, June 2018
Oregon Economic and Revenue Forecast, June 2018
 
Reec 15 10-16 kleinhenz economic report
Reec 15 10-16 kleinhenz economic reportReec 15 10-16 kleinhenz economic report
Reec 15 10-16 kleinhenz economic report
 
Salem's Economic and Housing Outlook
Salem's Economic and Housing OutlookSalem's Economic and Housing Outlook
Salem's Economic and Housing Outlook
 

Viewers also liked

Viewers also liked (8)

[Cebu english] SMEAG English Summer Camp 2017 - Trại hè du học tiếng Anh phil...
[Cebu english] SMEAG English Summer Camp 2017 - Trại hè du học tiếng Anh phil...[Cebu english] SMEAG English Summer Camp 2017 - Trại hè du học tiếng Anh phil...
[Cebu english] SMEAG English Summer Camp 2017 - Trại hè du học tiếng Anh phil...
 
The Promise We Hold - Travel Oregon
The Promise We Hold - Travel OregonThe Promise We Hold - Travel Oregon
The Promise We Hold - Travel Oregon
 
Oregon's High-Technology Sector
Oregon's High-Technology SectorOregon's High-Technology Sector
Oregon's High-Technology Sector
 
ESL Students in a Regular Classroom- Kala Cole
ESL Students in a Regular Classroom- Kala ColeESL Students in a Regular Classroom- Kala Cole
ESL Students in a Regular Classroom- Kala Cole
 
Powerpoint Theme
Powerpoint ThemePowerpoint Theme
Powerpoint Theme
 
Esl orientation
Esl orientationEsl orientation
Esl orientation
 
Rural Housing Affordability
Rural Housing AffordabilityRural Housing Affordability
Rural Housing Affordability
 
Portland, Oregon
Portland, Oregon Portland, Oregon
Portland, Oregon
 

More from Oregon Office of Economic Analysis

Oregon Employment: The Parent Gap, and Racial and Ethnic Disparities
Oregon Employment: The Parent Gap, and Racial and Ethnic DisparitiesOregon Employment: The Parent Gap, and Racial and Ethnic Disparities
Oregon Employment: The Parent Gap, and Racial and Ethnic DisparitiesOregon Office of Economic Analysis
 

More from Oregon Office of Economic Analysis (20)

Oregon Economic and Revenue Forecast, September 2022
Oregon Economic and Revenue Forecast, September 2022Oregon Economic and Revenue Forecast, September 2022
Oregon Economic and Revenue Forecast, September 2022
 
Oregon's High-Tech Sector
Oregon's High-Tech SectorOregon's High-Tech Sector
Oregon's High-Tech Sector
 
Oregon Economic and Revenue Forecast, June 2022
Oregon Economic and Revenue Forecast, June 2022Oregon Economic and Revenue Forecast, June 2022
Oregon Economic and Revenue Forecast, June 2022
 
Oregon Economic and Revenue Forecast, March 2022
Oregon Economic and Revenue Forecast, March 2022Oregon Economic and Revenue Forecast, March 2022
Oregon Economic and Revenue Forecast, March 2022
 
Oregon Economic and Revenue Forecast, December 2021
Oregon Economic and Revenue Forecast, December 2021Oregon Economic and Revenue Forecast, December 2021
Oregon Economic and Revenue Forecast, December 2021
 
Disrupted Supply Chains Across States
Disrupted Supply Chains Across StatesDisrupted Supply Chains Across States
Disrupted Supply Chains Across States
 
Oregon Economic and Revenue Forecast, September 2021
Oregon Economic and Revenue Forecast, September 2021Oregon Economic and Revenue Forecast, September 2021
Oregon Economic and Revenue Forecast, September 2021
 
Oregon Employment: The Parent Gap, and Racial and Ethnic Disparities
Oregon Employment: The Parent Gap, and Racial and Ethnic DisparitiesOregon Employment: The Parent Gap, and Racial and Ethnic Disparities
Oregon Employment: The Parent Gap, and Racial and Ethnic Disparities
 
Oregon Economic and Revenue Forecast, May 2021
Oregon Economic and Revenue Forecast, May 2021Oregon Economic and Revenue Forecast, May 2021
Oregon Economic and Revenue Forecast, May 2021
 
Oregon Economic and Revenue Forecast, March 2021
Oregon Economic and Revenue Forecast, March 2021Oregon Economic and Revenue Forecast, March 2021
Oregon Economic and Revenue Forecast, March 2021
 
Oregon Economic and Revenue Forecast, December 2020
Oregon Economic and Revenue Forecast, December 2020Oregon Economic and Revenue Forecast, December 2020
Oregon Economic and Revenue Forecast, December 2020
 
COVID and State and Local Government
COVID and State and Local GovernmentCOVID and State and Local Government
COVID and State and Local Government
 
Oregon Business Dynamics
Oregon Business DynamicsOregon Business Dynamics
Oregon Business Dynamics
 
Oregon Economic and Revenue Forecast, September 2020
Oregon Economic and Revenue Forecast, September 2020Oregon Economic and Revenue Forecast, September 2020
Oregon Economic and Revenue Forecast, September 2020
 
COVID-19 and Oregon's Housing Outlook
COVID-19 and Oregon's Housing OutlookCOVID-19 and Oregon's Housing Outlook
COVID-19 and Oregon's Housing Outlook
 
Working from Home and Broadband Access
Working from Home and Broadband AccessWorking from Home and Broadband Access
Working from Home and Broadband Access
 
Oregon Economic and Revenue Forecast, June 2020
Oregon Economic and Revenue Forecast, June 2020Oregon Economic and Revenue Forecast, June 2020
Oregon Economic and Revenue Forecast, June 2020
 
COVID-19 and Oregon's Economy March 2020
COVID-19 and Oregon's Economy March 2020COVID-19 and Oregon's Economy March 2020
COVID-19 and Oregon's Economy March 2020
 
Oregon Economic and Revenue Forecast, March 2020
Oregon Economic and Revenue Forecast, March 2020Oregon Economic and Revenue Forecast, March 2020
Oregon Economic and Revenue Forecast, March 2020
 
Oregon Economic and Revenue Forecast, December 2019
Oregon Economic and Revenue Forecast, December 2019Oregon Economic and Revenue Forecast, December 2019
Oregon Economic and Revenue Forecast, December 2019
 

Recently uploaded

magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfHenry Tapper
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthShaheen Kumar
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHenry Tapper
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionMuhammadHusnain82237
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesMarketing847413
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...Amil baba
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Commonwealth
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfMichael Silva
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Sonam Pathan
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Roomdivyansh0kumar0
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingAggregage
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...shivangimorya083
 
Financial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and DisadvantagesFinancial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and Disadvantagesjayjaymabutot13
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Sonam Pathan
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithAdamYassin2
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...makika9823
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfMichael Silva
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdfAdnet Communications
 

Recently uploaded (20)

magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdfmagnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
magnetic-pensions-a-new-blueprint-for-the-dc-landscape.pdf
 
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net WorthUnveiling the Top Chartered Accountants in India and Their Staggering Net Worth
Unveiling the Top Chartered Accountants in India and Their Staggering Net Worth
 
House of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview documentHouse of Commons ; CDC schemes overview document
House of Commons ; CDC schemes overview document
 
Chapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th editionChapter 2.ppt of macroeconomics by mankiw 9th edition
Chapter 2.ppt of macroeconomics by mankiw 9th edition
 
🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road🔝+919953056974 🔝young Delhi Escort service Pusa Road
🔝+919953056974 🔝young Delhi Escort service Pusa Road
 
Q3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast SlidesQ3 2024 Earnings Conference Call and Webcast Slides
Q3 2024 Earnings Conference Call and Webcast Slides
 
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
NO1 WorldWide Genuine vashikaran specialist Vashikaran baba near Lahore Vashi...
 
Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]Monthly Market Risk Update: April 2024 [SlideShare]
Monthly Market Risk Update: April 2024 [SlideShare]
 
Stock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdfStock Market Brief Deck for "this does not happen often".pdf
Stock Market Brief Deck for "this does not happen often".pdf
 
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
Call Girls Near Delhi Pride Hotel, New Delhi|9873777170
 
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With RoomVIP Kolkata Call Girl Jodhpur Park 👉 8250192130  Available With Room
VIP Kolkata Call Girl Jodhpur Park 👉 8250192130 Available With Room
 
Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024Bladex Earnings Call Presentation 1Q2024
Bladex Earnings Call Presentation 1Q2024
 
How Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of ReportingHow Automation is Driving Efficiency Through the Last Mile of Reporting
How Automation is Driving Efficiency Through the Last Mile of Reporting
 
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
Russian Call Girls In Gtb Nagar (Delhi) 9711199012 💋✔💕😘 Naughty Call Girls Se...
 
Financial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and DisadvantagesFinancial Leverage Definition, Advantages, and Disadvantages
Financial Leverage Definition, Advantages, and Disadvantages
 
Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713Call Girls Near Me WhatsApp:+91-9833363713
Call Girls Near Me WhatsApp:+91-9833363713
 
Classical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam SmithClassical Theory of Macroeconomics by Adam Smith
Classical Theory of Macroeconomics by Adam Smith
 
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
Independent Lucknow Call Girls 8923113531WhatsApp Lucknow Call Girls make you...
 
Stock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdfStock Market Brief Deck for 4/24/24 .pdf
Stock Market Brief Deck for 4/24/24 .pdf
 
20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf20240417-Calibre-April-2024-Investor-Presentation.pdf
20240417-Calibre-April-2024-Investor-Presentation.pdf
 

Oregon Travel and Tourism - July 2016