Economy

Oregon is a very competitive state for locating and operating a business. In recent years the State has garnered attention for its competitive standing.

OREGON HAS THE LOWEST EFFECTIVE TAX RATE IN THE UNITED STATES
Ernst & Young COST Study, 2010

OREGON RANKED #2 LOCATION IN THE U.S. FOR NEW INVESTMENT
Ernst & Young COST Study, 2011

OREGON RANKED #10 IN AFFORDABLE WORKERS COMPENSATION RATES
Oregon Prosperity, 2012

OREGON RANKED #1 MANUFACTURING LOCATION IN U.S.
Am. Inst. For Economic Research, 2011

OREGON RANKED #6 BEST STATE FOR BUSINESS
Forbes, 2010

OREGON RANKED #10 FOR OVERALL BUSINESS & TAX CLIMATE
Business Facilities, 2009

 

The State of Oregon has a wide range of economic development assistance to support the location and expansion of businesses. Find out more about the development incentives available from the State, as well as locally, at the discussion of Incentives.

Union County’s economy was built on agricultural and forestry resources. Today, while agriculture and forest products manufacturing remain important elements of the County’s economy, Union County is defined by a diverse community of businesses and employment opportunities. The private sector diversity along with the public sector, including Eastern Oregon University and many federal and state agency regional offices, provides Union County with an economy that has demonstrated a stability and resilience in the face of economic downturns not enjoyed by many rural communities.