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After the major decline of the timber industry, Eugene and the surrounding area suffered economically. Throughout the 1990s the local economy slowly recovered. The region's high-technology sector this matter.
The major factor to Eugene's economic recovery has been about diversity. The Eugene economy is supported by a number of industries and by businesses of all sizes. According to the Chamber of Commerce, "there are more than 10,000 businesses in and around Eugene."
"Government and education combined provide more than 20,000 jobs. Health care providers add some 5,000 jobs. In recent years a number of high-tech companies-including Symantec Corporation, and Hynix Semiconductor America-have invested millions of dollars in property, buildings, and equipment in the area and have created thousands of jobs."
"At the heart of the Eugene economy are the homegrown small and medium-sized businesses. Most of Eugene's businesses employ fewer than 20 workers. From specialty retail shops to financial service firms, from management consultancies to ethnic groceries, Eugene's small business community is diverse, active, thriving and well-supported."
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