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The number of job openings Rose to 4.7 million in June, up 100,000 from the prior month. This is the biggest number of Job opening since February 2001. Job openings have increased 17.6% over the last 12 months. (associated Press)

The national Federation of Independent businesses small business optimism index rose to 95.7 last month. While improving this index is still five points below the 35 year average. Small business owners are most concerned about government overregulation and taxes. (cNBC)

Australia plans to export more iron ore this year than any nation ever and that is driving up shipping costs by 80%.  Increase sales from Brazil before year end means freight rates could go even higher. Miners will ship an extra 97.8 million metric tons from Australia, equal to more than 600 cargo ships hauling the ore. (Bloomberg)

A new wealth gap is opening among US corporations, where cash holdings are growing more concentrated. eighteen American businesses hold 36% of corporate wealth in 2013, up from 27% in 2009. The top 1% of multinationals, includes Microsoft, Google, Coca-Cola, Apple and forward, that reap a big share of profits from non-US sales.  (Bloomberg)
 

Traffic

 

 

  • Click on the link for the latest conditions on the mountain passes.

 

  • Purcell Boulevard Northbound lane between Neff Road and Full Moon Drive (West side of the hospital) is closed until December 20th.

 

  • Nels Anderson Road between Nels Anderson Place and Brandis Court, single northbound shoulder closure will be in effect, two-way traffic to be maintained. Project completion expected December 2017.