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Economic Forecast 2010: What “Recovery” Really Means

Though no longer officially in a recession, Oregon continues to struggle with high unemployment, a sluggish housing market and — depending on the outcome of the votes for Measures 66 and 67 — a potential $700 million dollar hole in the state budget.

On January 15, City Club welcomes Tom Potiowsky, Oregon State Economist and Timothy Duy, Director of the University of Oregon Economy Forum, for a discussion of Oregon’s economic future. Mr. Potiowsky will provide a broad overview of Oregon’s economic outlook for the coming year. Mr. Duy will specifically assess how Portland compares to other cities of its size, if the “creative class” really contributes to the local economy and whether or not Portlanders should be content with recent economic trends.

Tom Potiowsky is the director of Oregon’s Office of Economic Analysis, where he is responsible for developing state economic and demographic forecasts and estimating general fund revenues for the state. Timothy Duy is adjunct assistant Professor and Director for the Oregon Economic Forum at the University of Oregon Department of Economics, where he focuses on macroeconomics, monetary policy and local and regional economics.

Purchase tickets at www.pdxcityclub.org  or call 503-228-7231 x110.

Where: The Governor Hotel, 614 SW 11th Ave., Portland OR 97205

When: Doors open at 11:30 AM, Program begins at 12:15 PM and concludes at 1:15 PM

Transportation and parking: The Governor Hotel is accessible by bus, Portland Streetcar and MAX light rail. A SmartPark garage is located one block away from the Governor Hotel at 730 S.W. 10th Ave.

Cost: Luncheon tickets are $16 for City Club members and up to two guests, $20 for nonmembers. Limited coffee/tea table tickets are $5 and are available at the door on a first-come, first-served basis. General seating is free for members and $5 for nonmembers. A limited number of $5 coffee/tea tickets are available at the door on a first-come, first-served basis.

Reservations: Reservations required for lunches only; reservations close at 2 p.m. on the Wednesday prior to the event. Reservations for lunch are strongly encouraged. To reserve a lunch via telephone, individuals (members and non-members) should call our voice mail reservation line, 503-228-7231, ext. 110. A limited number of lunch tickets are generally available at the door. Luncheon tickets reserved after the 2:00 PM Wednesday deadline or purchased at the door will be subject to an additional $4 charge. General seating and coffee/tea tickets will be available at the door.

Sponsors: Friday Forums this quarter are sponsored by Stoel Rives, LLP, The Standard and West Coast Bank