The full economic impact of COVID-19 is still unknown, but the executive director of the Portland Business Alliance, Andrew Hoan, said it's already had significant impact on the traded sector, the hospitality industry, and everything in between. Those ominous headwinds come at a time the region has been surging economically.

Hoan said the Portland metro area has been in uncharted waters with an 11-year economic expansion, the longest in history. But no one knows what lies ahead.