Business roundup

SELCO named first title sponsor of Block Party

SPRINGFIELD – SELCO Community Credit Union has been announced as the first-ever title sponsor for The Block Party, returning to downtown Springfield on Friday, Sept. 5. Now in its sixth year, the event is designed to celebrate Springfield’s culture. It is expected to draw around 10,000 attendees. This year’s party will expand to over seven city blocks, featuring live music, local food, and craft beverages. SELCO’s three-year commitment aims to enhance the event while keeping it free and accessible for the community. More info: .springfieldblockparty.com

Springfield Chamber hosts business climate insights

Now in its third year, the Chamber’s Business Climate Survey revealed a notable shift in local business concerns, with inflation and costs rising to the top. Join Springfield Chamber of Commerce President and CEO, Vonnie Mikkelsen, for a discussion on the challenges and areas of opportunity facing businesses in our region. The event is Aug. 26, 4-5 p.m., at the Chamber depot, 101 S A St.

Survey: Confidence in SS hits 15-year low

A recent AARP report reveals that confidence in the future of Social Security has dropped to a 15-year low, declining from 43% in 2020 to 36% in ’25. Among younger adults aged 18-49, only 25% express confidence in the program, compared to 48% of those 50 and older. Despite the decline in confidence, 67% of Americans believe Social Security is more important for retirees today than five years ago, with 96% considering it vital overall. The report highlights that 927,847 Oregonians receive Social Security, with 37% of residents 65 and older relying on it for over half their income. AARP conducted the survey from June 18-23.

Job Opening: Peer resource coordinator

NAMI Lane County is seeking a part-time Peer Resource Coordinator for its Resource Center in Downtown Springfield. The role involves providing resource referrals, co-facilitating the NAMI Peer Connection Recovery Support Group, and supporting individuals living with mental illness. Applicants must be registered as a Community Health Worker, Peer Support Specialist, or Peer Wellness Specialist with the Oregon Health Authority. Send a cover letter, resume, and three references to Jennifer MacLean, Executive Director at [email protected].

Mid-year survey: Oregon business plan for tariffs, AI

Umpqua Bank’s recent mid-year survey of small and midsized businesses in Oregon reveals a cautious optimism about the economic outlook and growth plans. Despite economic uncertainty and concerns over tariffs, the Business Barometer Report shows that 57% of businesses rate the economy as excellent or good, with 55% expecting improvement in the next year, surpassing the national average of 47%. The primary concerns for these businesses are recession, inflation, and tariffs. However, they are leading in generative AI adoption. Download the report at umpquabank.com