FOR IMMEDIATE RELEASE 

BOMA Oregon Responds to Portland Metro Chamber’s 2025 State of the Economy Report

Portland, OR – February 21, 2025 – The Building Owners and Managers Association (BOMA) Oregon acknowledges the findings of the Portland Metro Chamber’s 2025 State of the Economy report and emphasizes the need for collaborative efforts to address the challenges highlighted. 

The report underscores significant concerns, including population decline, job losses in high-paying sectors, and the ongoing housing crisis. BOMA Oregon recognizes the urgency of these issues and is committed to working with local leaders, businesses, and community stakeholders to foster a resilient and thriving economy. 

Key Points from the Report:

• Population Decline: The report notes a decrease in population in Multnomah and Washington counties, driven by out-migration and high living costs.

• Job Losses: High-paying sectors such as information, manufacturing, and financial services have seen substantial job losses.

• Housing Crisis: The region continues to struggle with housing affordability, impacting the ability to attract and retain talent. 

BOMA Oregon’s Commitment:

• Advocacy: We will advocate for policies that support economic growth, job creation, and housing affordability.

• Collaboration: We will collaborate with government agencies, businesses, and community organizations to develop and implement solutions.

• Innovation: We will promote innovative approaches to urban development and property management to enhance livability and economic vitality.

“BOMA Oregon is dedicated to addressing the challenges outlined in the State of the Economy report. Change and growth are upon us. Revitalization efforts and improved public safety continue to bring locals and visitors to Portland. BOMA’s membership and our network of problem-solving colleagues, commercial real estate building owners, management professionals, service providers, and other professionals of all building types are committed to success” said Meerta Meyer, 2025 President of BOMA Oregon. “We believe that through strategic partnerships and proactive measures, we can create a more sustainable and prosperous future for Portland.”

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 BOMA Oregon is a leading trade association representing the commercial real estate industry in Oregon. Our mission is to advance the interests of the industry through advocacy, professional development and networking opportunities. For more information, please visit BOMA Oregon’s website at www.bomaoregon.org .