Business leaders say commercial flights from the city airport are ready to begin next May – but design and permitting for needed terminal upgrades will take months, and construction costs aren’t yet clear.
ECONOMY
Property tax assessments show record jumps in Salem-area property values
The value of homes and residential land in Marion County jumped nearly 27% in 2022 — but Measure 50 will limit tax increases to 3% in most cases.
COLUMN: Tracking the decline of child care options in Salem
Columnist Pamela Ferrara dives into local data on the availability of child care, and explores why the U.S. hasn’t made public funding for care a priority.
Oregon needs thousands of construction, government workers to close housing gap
Experts told a state House committee that the state also needs more available land, more units and a cut in development costs.
Businesses aiding in fire recovery take top honors at SEDCOR awards
A Salem chocolate producer, Korean food manufacturer and excavation company were among the local businesses cited for excellence in 2022.
COLUMN: What’s happening on inflation, recession in Salem
Columnist Pamela Ferrara examines the latest local economic data to explain where Salem stands as prices continue to be high while employment has nearly fully recovered from Covid.
Oregon landlords can raise rent by 14.6% in 2023
It’s the highest maximum increase allowed since legislators passed the state’s rent control law in 2019. Local service providers say that may lead to more evictions and people struggling to pay rent.
Valiant the Sandwich chef serves up sass and snacks from new Court Street location
The move to a larger restaurant gives Salemites more lunchtime choices in the heart of downtown.
Oregon’s latest economic forecast predicts a record $3.4 billion kicker to taxpayers
The economy is booming but recession fears loom amid surging wages and jobs.
Biden to wipe out $10,000 in student loan debt for many borrowers
The administration will cancel $20,000 in federal student loans for Pell Grant borrowers and pause all loan repayments until Dec. 31.
