Greater Portland is home to companies that operate on a global scale such as Nike, Intel and Boeing.
The region excels at creating, making and exporting innovation, ideas and products that generated an
increased value of export growth of 22 percent between 2013-2018. International companies such as
Adidas and Daimler have located their North American headquarters in Greater Portland, advancing
the region’s global position. Operating on a worldwide scale, companies such as HP and SEH must vie
with foreign company locations in Japan and South Korea for talent and efficiencies. Developing a
skilled workforce and building efficient infrastructure, both physical and digital, are critical elements to
retain the regional competitive advantage on a global stage.
Companies in this region are purpose-driven. The philosophy of the region is to advance equitable
economic growth and manage growth challenges: housing affordability, income inequality, traffic
congestion and others. The region wants to create jobs and grow enterprises that help to advance its
goal of ensuring a more resilient and equitable economy.
The regional community and retail markets embrace new and local products. Such products are a
vital ingredient to a fast-growing food and beverage industry that is a defining element of the
regional brand. The industry values commitments with rural growers that develop personal
relationships and encourage innovation. Mutual support and collaboration foster the success of
numerous regional brands, such as Bob’s Red Mill, Dave’s Killer Bread, and Aviation Gin.
For the Portland region to compete globally for talent and investment, it must be diverse. The region
is a predominantly white population (8 in 10 residents, or 81.2 percent are white), but public and
private leaders are committed to shifting this trend. Its Black population grew 4.3 percent since 2013
to more than 72,000 residents and is better integrated than 11 of its 13 peer regions such as Seattle,
Denver, San Francisco and others. The region is less segregated geographically relative to peer
regions though it continues to face significant displacement of communities of color from more
centralized, less affordable parts of the region. The Portland region has better income equality
compared to 12 of its 13 peers, which sets a solid foundation for increased diversity.
The State of Oregon’s strengthening of land use laws and the establishment of an urban growth
boundary in the 1970s to protect farmland and natural areas defines the region’s genuine and
authentic commitment to environmental protection and ensuring the highest and best use for
commercial development. The region’s investment in light-rail over freeways during that same time
kept the region from sprawling like many of its peers. This same land use planning philosophy was
adopted by the State of Washington in 1990 through the Growth Management Act. With pride in a
thriving quality of place, Greater Portland is one of the most desirable regions for talent to move and
stay. With a culture of regional collaboration and organizations that manage transit and the growth
boundary, there is a strong foundation to maintain the value of intentional growth that will help the
region respond to climate change and other impacts yet to be realized by the COVID-19 pandemic.