An Economic Opportunity Analysis (EOA) identifies local economic goals and targets industries based on the city's economic advantages. It also includes a forecast of economic trends and employment growth.
An EOA also assesses the amount of land zoned for employment uses that is vacant or partially vacant and balances the supply with the forecasted demand for a five- and twenty-year planning horizon.
An EOA is required by the Oregon Statewide Land Use Planning Goal 9 related to economic development.
The purpose of Goal 9 is to ensure that there are adequate opportunities throughout the state for a variety of economic activities vital to the health, welfare, and prosperity of Oregon's residents.