|source: University of New Mexico, Bureau of Business and Economic Research (http://bber.unm.edu/econ/us-pci.htm)|
Biggest drop is between 2007 and 2008, but the decline has continued through 2012.
Interesting that Governor John Kitzhaber (Dem.) has presided over the best years (1995-1997) and the worst years (2011-2012). Governor Ted Kulongoski (Dem.) was governor when the big drop occurred between 2007 and 2008.