Feb 01 2025 2 mins
Oregon is bracing for a busy February, with significant developments in government, economy, and community news. The 2025 Legislative Session has begun, with Governor Tina Kotek emphasizing housing, education, addiction, and climate issues as top priorities[2]. The session is expected to address "missing middle" housing, such as duplexes and triplexes, to alleviate the state's housing crisis.
Economically, Oregon is projected to experience growth and inflation near 2% in 2025, according to the Oregon Economic and Revenue Forecast[3]. This positive outlook is attributed to a post-pandemic "soft landing" and moderating price pressures, which have given policymakers the opportunity to lower interest rates without driving the economy into recession.
In community news, Portland is gearing up for the Portland Winter Light Festival, a whimsical event aimed at chasing away winter blues. The festival will take place on the first two Friday and Saturday nights of February, featuring brightly colored installations throughout the city[1]. Additionally, Lunar New Year celebrations continue into February, with a Vietnamese New Year celebration on February 7 and ongoing Chinese New Year festivities.
Weather-wise, Oregon is expected to experience slightly cooler than average temperatures and near-normal precipitation in February, with increased chances for lowland snow and coastal storms[4].
Looking Ahead:
- The Portland Winter Light Festival will illuminate Downtown Portland and the Central Eastside on February 7-8 and 14-15.
- The Vietnamese New Year celebration, Tết, will take place on February 7.
- The Oregon State Legislature will continue to address key issues such as housing, education, and climate change throughout the 2025 Legislative Session.
- Economic indicators will be closely watched as Oregon aims to sustain its positive economic outlook.
Economically, Oregon is projected to experience growth and inflation near 2% in 2025, according to the Oregon Economic and Revenue Forecast[3]. This positive outlook is attributed to a post-pandemic "soft landing" and moderating price pressures, which have given policymakers the opportunity to lower interest rates without driving the economy into recession.
In community news, Portland is gearing up for the Portland Winter Light Festival, a whimsical event aimed at chasing away winter blues. The festival will take place on the first two Friday and Saturday nights of February, featuring brightly colored installations throughout the city[1]. Additionally, Lunar New Year celebrations continue into February, with a Vietnamese New Year celebration on February 7 and ongoing Chinese New Year festivities.
Weather-wise, Oregon is expected to experience slightly cooler than average temperatures and near-normal precipitation in February, with increased chances for lowland snow and coastal storms[4].
Looking Ahead:
- The Portland Winter Light Festival will illuminate Downtown Portland and the Central Eastside on February 7-8 and 14-15.
- The Vietnamese New Year celebration, Tết, will take place on February 7.
- The Oregon State Legislature will continue to address key issues such as housing, education, and climate change throughout the 2025 Legislative Session.
- Economic indicators will be closely watched as Oregon aims to sustain its positive economic outlook.