Service companies expand
U.S. service companies expanded in May for the 29th month.
Coos Bay Rail Link back on track
After four years on hiatus, the Coos Bay-to-Eugene railroad line is back open, bringing a much needed boost to the Coast Range.
Affordable housing group expands to Hillsboro
Two Hillsboro apartment buildings for fixed-income seniors completed $1.4 million in refurbishments.
Pacific Northwest College of Art unveils $30M renovation plan
The Pacific Northwest College of Art unveiled a $30 million renovation plan for a former post office and federal building in downtown Portland.
Oregon banks slowly recovering
Oregon’s banks are slowly returning to good health, and most are profitable again.
Employers waiting before hiring
Business is picking up, but American companies are choosing to wait before stepping up hiring.
Credit card debt still big problem
Americans have been successful at escaping some debt, but credit card debt is still a major problem.
Factory orders fall
Companies placed 0.6% fewer orders to U.S. factories in April for the second straight month of decline.
Weak jobs report weakens economic outlook
U.S. employers created only 69,000 jobs in May, the fewest in a year. At the same time, the unemployment rate rose.
Walmart’s first West Coast grocery stores open in Portland area
Walmart opened its first West Coast standalone grocery stores in West Linn and Beaverton, and plans to open a third in Gresham in August.