Saturday, November 14, 2009
Bend one of America's 25 Recovering Markets
Bend's job market got hammered during the recession because it depends heavily on highly cyclical industries—construction, the retail trade, and tourism. As the overall recovery sets in, Bend and its highly volatile economy should bounce back faster than the rest of the country.
Q1 2010 annualized job growth: 0.8%
Q3 2009 annualized job growth: -4.7%