Oregon Score and Ranking
CATEGORY | 2023 SCORE | 2023 RANK | 2022 RANK | 2023 GRADE |
---|---|---|---|---|
WORKFORCE | 238 | 14 | 9 | B- |
INFRASTRUCTURE | 191 | 32 | 33 | C- |
ECONOMY | 185 | 26 | 15 | C |
LIFE, HEALTH & INCLUSION | 248 | 6 | 8 | B+ |
COST OF DOING BUSINESS | 124 | 31 | 34 | C |
TECHNOLOGY & INNOVATION | 199 | 9 | 13 | A- |
BUSINESS FRIENDLINESS | 60 | 43 | 46 | F |
EDUCATION | 67 | 30 | 32 | B- |
ACCESS TO CAPITAL | 28 | 20 | 26 | C+ |
COST OF LIVING | 6 | 48 | 46 | F |
OVERALL | 1346 | 21 | 18 |
Economic Profile
Governor: Tina Kotek, Democrat
Population: 4,240,137
GDP growth (Q1 2023): 3.80%
Unemployment rate (May 2023): 3.70%
Top corporate tax rate: 7.60%
Top individual income tax rate: 9.90%
Gasoline tax: 57.23 cents/gallon
Bond rating (Moody's/S&P): Aa1, Stable/AA+, Stable
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (including 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence