Study finds county investing in growth
A new study by a New York financial technology company finds that Jefferson County ranks seventh in the state for investment in local economies.
The company, SmartAsset, measured growth in local business, gross domestic product growth, new residential construction and federal contracts awarded in the county.
Over a three-year period, the company found that Jefferson County had 7.0% business growth, $86 million GDP growth, 11.1 new building permits per 1,000 homes, and $192 per capita federal funding.
The top 10 counties in Oregon, from first to 10th, were Deschutes, Multnomah, Washington, Crook, Clackamas, Wallowa, Jefferson, Hood River, Marion and Linn.
Crook County has 7.3% business growth, $116 million GDP growth, 11.9 new building permits per 1,000 homes, and $225 per capita federal funding.
Deschutes County's figures were 13.3% business growth, $1,556 million GDP growth, 23.1 new building permits per 1,000, and $211 per capita federal funding.
Sources for the report included the U.S. Census Bureau 2017 American Community Survey, Bureau of Economic Analysis, U.S. Census Bureau Building Permits Survey, and USASpending.gov.
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