Oregon State (U.S.A.), a land of agriculture, technology, industries, tourism, Forestry and fisheries
Oregon is a growing market of +4 million consumers. As of 2015, Oregon
ranks as the 17th highest in median household income at $60,834. The gross domestic product (GDP) of Oregon in
2013 was $219.6 billion, a 2.7% increase from 2012; Oregon is the 25th
wealthiest state by GDP.
Oregon's
diverse landscapes provide ideal environments for
various types of farming. Land in the
Willamette Valley owes its fertility to the Missoula Floods, which
deposited lake sediment from Glacial Lake Missoula in western Montana onto the
valley floor.
Oregon is
also one of four major world hazelnut growing regions, and produces 95% of the domestic hazelnuts in the United States.
Oregon
farmers and ranchers also produce
cattle, sheep, dairy products, eggs and poultry.
Vast forests have historically made Oregon one of the nation's major timber production
and logging states.
Oregon has one of the largest salmon-fishing industries in the world, although ocean
fisheries have reduced the river fisheries in recent years. Because of the abundance of waterways in
the state, it is also a major producer of hydroelectric energy.
Tourism is
also a strong industry in the state. Much of
this is centered on the state's natural features; Oregon's mountains, forests,
waterfalls, rivers, beaches and lakes, including Crater Lake National Park,
Multnomah Falls, the Painted Hills, the Deschutes River, and the Oregon Caves
National Monument and Preserve. Mount Hood, and Mount Bachelor also draw
visitors year round for skiing and snow activities.
Oregon is
home to several large datacenters that take advantage of cheap
power and a climate in Central Oregon conducive to reducing cooling costs.
Google has a large datacenter in The Dalles and Facebook has built a large
datacenter in Prineville. In 2011, Amazon began operating a datacenter in
northeastern Oregon near Boardman.
Oregon is
also the home of large corporations in other industries. Oregon is also home to Mentor Graphics Corporation, a world leader in
electronic design automation located in Wilsonville and employs roughly 4,500
people worldwide.
Oregon is
one of only five states that have no sales tax. A few
local governments levy sales taxes on services: the city of Ashland, for example, collects a 5% sales tax on prepared food.
The City of Portland imposes an Arts Education and Access Income Tax on
residents over 18 – a flat tax of $35 collected from individuals earning $1,000
or more per year and residing in a household with an annual income exceeding
the federal poverty level. The tax funds Portland school teachers, and art
focused non-profit organizations in
Portland.
The State of
Oregon also allows transit district to levy an
income tax on employers and the self-employed.
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