Oregon Economic Outlook 2026
GDP growth, unemployment, tariff impacts, and economic forecast for Oregon heading into the 2026 elections.
2.6%
GDP Growth Rate
4.3%
Unemployment Rate
Deficit
State Budget Outlook
Mixed
Job Growth Forecast
2026 Economic Overview
Oregon faces economic challenges from housing costs, homelessness, and wildfire disruption. The political backlash against progressive policies has shifted the state rightward in some areas.
Key Economic Indicators
| Indicator | Value / Status |
|---|---|
| GDP Growth Rate | 2.6% |
| Unemployment Rate | 4.3% |
| Top Economic Sector | Tech, Agriculture, Manufacturing |
| State Budget Outlook | Deficit |
| Job Growth Forecast | Mixed |
| Tariff Impact | High — agriculture (wine, hazelnuts, wheat) and tech both exposed |
| Key Economic Risk | Wildfire economic disruption; homelessness crisis affecting business; housing costs |