The ‘Beaver State,’ Oregon, is located along the north-western coast of the USA.
Washington is to its north, Idaho to the east, and both California and Nevada are down south. Spread throughout 98,381 square miles of land, Oregon is home to 4.25 million people. The state’s economy relies on agriculture, fishing, and forestry.
Oregon boasts a status as the nation’s leading state in lumber production. It has a diversified economy and does not depend on a single product to earn revenue. Food processing and electronics manufacturing both add to the GDP. So do raw materials/products development, and mining. Oregon also has industries that provide regular office jobs and services. For example, the state is home to many law firms and hotels.
As with each other state in America, Oregon is involved in agriculture. Oregon leads the nation in hazelnut production. It produces 99 percent of the hazelnut in America, and 5 percent in all the world. Besides hazelnut, this state provides a few other vegetables in high quantities. They include onions, sweet corn, green beans, snap beans, and sugar beet. Next, are the fruits cultivated in this state. Apples, berries, cherries, pears, and plums are all products of the Beaver State.
Fruits and vegetables are the basics. Oregon also produces a notable quantity of hay and many varieties of ryegrass. Most valuable are the state’s greenhouse and nursery products. Oregon farmers produce quite a few ornamental crops like daffodils, lilies, and tulips.
Agriculture does not only involve crop cultivation. Oregon also rears livestock to contribute to its economy. Cattle and chickens are most profitable for this state. Livestock farmers breed them for both their meat and by-products.
The Beaver State has plenty of waterways. These waterways include an entire Pacific coastline to its west. For this reason, it has a thriving commercial and domestic fishing industry. The most common commercial catch of the day is salmon. Fishers make trips both inland and out in the Pacific to round up these fishes. The market is not only in a salmon frenzy. Fishers, on their trips also round up albacore tuna, crab, ground-fish and shrimp. Additionally, because it has many waterways, Oregon is a significant hydroelectricity producer.
Being nicknamed ‘the Beaver State’ would implant a timber-filled image in the minds of many. Oregon has vast forests. This natural feature allows it to engage and thrive in the timber-producing business. Oregon is also involved in the production of finished timber goods. These goods include paper and building materials. Many laws, lawsuits, forest fires, and over-harvesting have made the industry decline. Still, Oregon remains a top producer in the market. The state produces the most Christmas trees for the country.
The state of Oregon engages in much more than farming, fishing, and forestry. Oregon offers all basic 9 to 5 jobs to its citizens. Cities like Portland have industries within corporate America. For example, like any major city, it has doctors’ offices and supermarkets. It also has small business start-ups by local entrepreneurs. These entrepreneurs opt to do business there for their plethora of reasons. One of these reasons would most likely be the absence of a sales tax. Another would be the government incentives in entrepreneurs’ favor, which make Oregon an excellent place to start a business. Profit is higher in cities like Portland.
About Market Research in Oregon
In Oregon, Quantitative, Qualitative, and Strategy Research are excellent aids to investors. It helps them understand why the most prominent businesses within the state were set up. It tells them why they continue to be the industries of choice for the residents of Oregon. It helps them understand any problems their sector may face. It also helps them develop solutions to these problems. It shows the statistical data and exactly how good the industry is doing. With this information, investors understand the customers’ motives for supporting the industry. It also tells them exactly how they can fit into the equation and profit.