Tag Archives: 2020

Bend-Redmond Ranked #1 Best Performing Small City For An Unprecedented Four Consecutive Years

2020 Best Performing Small City

MILKEN INSTITUTE RANKS BEND-REDMOND MSA #1 BEST PERFORMING SMALL CITY AN UNPRECEDENTED FOUR YEARS IN A ROW

#1 FIVE-YEAR WAGE GROWTH, #2 FIVE-YEAR JOB GROWTH

BEND, OR (February 28, 2020) – Los Angeles-based Milken Institute released its 2020 yearly findings to the Best Performing Small Cities study, naming the Bend-Redmond MSA the Best Performing Small City in the country for the fourth consecutive year. Over the past 20+ years, no other large or small metro has held the #1 ranking more than two years in a row.

All nine key indicators the Milken Institute uses to compile these listings ranked in the top 30 out of a total of 201 small U.S. metros. The report specifically mentioned high-tech GDP growth and high-tech GDP concentration as contributing to the region’s economic expansion, sectors Economic Development for Central Oregon (EDCO) has dedicated both emphasis and effort to over the past decade.

Roger Lee, EDCO’s CEO, noted “We have come to anticipate this report as both a measure of success for our economic development work as well as a barometer on areas we can improve upon. I’m particularly proud of the manufacturing employment growth cited in the report: over 2,100 new jobs since the previous year. Additionally, in the past eight years overall manufacturing jobs have grown by 60% and total wages by nearly 90%. This report further proves EDCO’s efforts are creating a positive impact on our regional economy.”

Below is an excerpt from the report, which can be found in its entirety here:
“For the fourth year in a row, Bend-Redmond, OR, ranks first on the Best-Performing Small Cities Index. All of its indicators rank in the top 30. Clear standouts are the first-place ranking for five-year wage growth, second-place ranking on five-year job growth, and fifth-place rankings on five-year high-tech GDP growth and high-tech concentration. Once more, the metro posted high ranks in its five-year metrics with consistent high ranks in its one-year indicators. The metro’s five-year ranks should remain a source of strength for the near term. While the metro has lost a few spots on the number of concentrated high-tech industries (LQ > 1), its diverse economy is anchored by more traditional industries.”

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

2020 EDCO Annual Luncheon February 13 featuring Lindsey Pollak

2020 EDCO ANNUAL LUNCHEON: THURSDAY, FEBRUARY 13TH FEATURING NEW YORK TIMES BESTSELLING AUTHOR &  MULTIGENERATIONAL WORKPLACE EXPERT
LINDSEY POLLAK

BEND, OR (January 28, 2019)Economic Development for Central Oregon (EDCO) will host its Annual Luncheon on Thursday, February 13, 2020, from 11:00 – 1:30 pm at The Riverhouse on the Deschutes. Tickets and tables can be purchased online here.

EDCO’s Annual Luncheon is a tradition providing the Central Oregon business community an opportunity to hear nationally recognized business leaders discuss current and future economic trends and business best practices.

Keynote Speaker
Lindsey Pollak
New York Times Bestselling Author & Multigenerational Workforce Expert

The Remix: How to Lead and Succeed in the Multigenerational Workplace

Lindsey Pollak is the leading expert on Millennials and the multigenerational workplace. Her book, The Remix, is a positive approach to organizational change, taking practices embraced by older generations (Traditionalists, Baby Boomers, Generation Xers) and alters them to better appeal to Millennials, Gen Zs and younger generations so everyone can succeed together.

Pollak combines the most recent data from a variety of authoritative sources with her own original research, as well as detailed case studies from her Fortune 500 clients (Citi, Estee Lauder, GE, JP Morgan, and more). She outlines the ways businesses, executives, mid-level managers, employees, and entrepreneurs can handle situations that may arise when diverse styles clash and provides clear strategies to turn generational diversity into opportunity.

Generational change is impacting all industries, all types of organizations and all leaders. This luncheon is essential for anyone who wants to survive and thrive both today and into the future.

Cost and Registration
$79 EDCO Members
$94 Non-Members
Become an EDCO Member here.

Tables and tickets can be purchased online here. Table Sponsors receive ten luncheon tickets plus recognition prior to and during the event.

Title Sponsor: OSU-Cascades, Keynote Sponsor: Jones and Roth CPAs and Business Advisors

 

About Economic Development for Central Oregon (EDCO)

Economic Development for Central Oregon (EDCO) is a non-profit corporation supported by private and public members and stakeholders, whose mission is to create middle-class jobs in Central Oregon by: recruiting new employers to move to the region; helping entrepreneurs start new, scalable businesses; and working with businesses that are already here to grow their operations. For more information, visit www.edcoinfo.com.

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