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Economic News

Greater Portland economy forecast to recover quickly

September 02,2020 | By Anna Marum
Where should companies invest now? According to a CBRE analysis of an Oxford Economics report, some metro areas will recover more quickly than others from the economic fallout of COVID-19.

Fueled by recent tech industry expansions and a manufacturing industry anchored by prominent semiconductor companies such as Intel, Greater Portland is forecast to be one of the fastest markets to rebound in the coming years. (See Greater Portland's top employers here.) The analysis shows the region's GDP growing 5.6% in 2021 and 2022, beating the forecast growth for the national GDP.

Interested in expanding or relocating your business to Greater Portland? Contact Amy Jauron, our VP of Business Development.

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