Salem Business Journal archive
680 articles · Page 46 of 68
Producers of nine films being shot in Oregon are receiving incentives to do so
“The Rehearsal†on HBO features Nathan Fielder helping people prepare for significant life events through simulations. Other notable projects include Laika's “Wildwood,†Guillermo del Toro’s “Pinocchio,†Jordan Peele’s “Wendell & Wild,†Kelly Reichardt’s “Showing Up,†and Netflix titles like “Metal Lords,†“65,†“The Monkey King,†and “The Birch.â€
The September Economic and Revenue Forecast
The September Economic and Revenue Forecast revealed an expected gross general fund revenue of $27.9 billion for the 2021-23 biennium, surpassing previous estimates. Despite continued revenue growth, inflation and monetary tightening have moderated this pace. Projections indicate potential volatility ahead, with personal and corporate kickers anticipated for 2024.
Taxpayers Association of Oregon: The Bull Pen
A new Oregon law, effective October 1, 2022, prohibits hiring bonuses to promote equality, impacting businesses like Tri-Met and McMennamins. As other states increase their bonuses, Oregon faces significant labor shortages and job recovery challenges. Critics argue the law hinders employment opportunities for minorities and exacerbates the state's economic issues.
Salem Chamber of Commerce Supports the $300 Million Community Infrastructure Bond, on the November Ballot
In November, Salem voters will decide on a $300 million community improvement bond, funding various projects including infrastructure, affordable housing, and public safety. The bond will not raise tax rates, maintaining the current bond rate of $1.20 per $1,000 assessed. The Chamber supports the bond, emphasizing local accountability.
Fly Salem, Fly!
Travel Salem, SEDCOR, Fly Salem Committee, and the Salem Chamber of Commerce urged the City Council to prioritize efforts for restoring commercial air service at Salem Airport. They highlighted essential upgrades, funding strategies, and potential revenue impacts, emphasizing the need for swift action to ensure economic growth and service availability within the year.
Undecided? Surprisingly, sharing opinions builds trust.
The upcoming election season will flood media with political ads, pushing controversial issues into daily conversations. Research by Silver & Shaw shows that neutrality in political discussions can lead to distrust. Engaging in respectful discourse fosters understanding and relationships, making it crucial to share opinions while remaining open to others' views.
Mortgage bonds cool down.
In early August, the average national mortgage interest rate for a 30-year loan fell to 5.05% from 5.90%. However, following a sell-off in mortgage bonds, rates have since risen to 5.95%. Despite current levels, opportunities remain for buyers due to lower competition and longer listing times.
Chronic Tacos Makes Their Long-Awaited Debut in Downtown Salem
Kris and Angel Scott, disillusioned with traditional jobs, discovered Chronic Tacos while seeking franchise opportunities. They opened Oregon’s first location after overcoming challenges, including a pandemic-related construction halt. Their mission focuses on community and customer experience rather than profit. They aim to expand along the I-5 if successful.
The Loft Studio Finds a Home in Downtown Salem
Jennifer Jean, a passionate photographer, transformed her hobby into a thriving career by establishing The Loft Studio in downtown Salem. After overcoming challenges during the pandemic, she launched a successful 40 Over 40 campaign, creating a welcoming space for various photography styles. Jean now serves clients and supports fellow photographers, enjoying a bustling business.
Emerging Leader: July 2022
Alex Ferry, a State Farm Insurance Agent, defines leadership as disciplined influence, leading by example, and prioritizing personal development with integrity. He is proud of completing a challenging marathon and opening his business amid personal and global challenges. Excited about Salem's revitalization, he suggests white sneakers as an essential for emerging leaders.