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US industrial production was unchanged in October per the Federal Reserve. Manufacturing output increased 0.2% and mining posted a 2.1% gain, the biggest jump since March 2014. Capacity utilization edged down 0.1% to 75.3%.

Homebuilders have a positive outlook of the market. Homebuilder sentiment held steady in November at 63 per the National Association of Home Builders. A lack of skilled labor, has builders paying more and delivering homes slower. Of the index's three components, buyer traffic rose 2%, current sales conditions were unchanged, and six month sales expectations fell 4%.

Wal-Mart reported quarterly sales that were hurt by food deflation. Same store U.S. sales rose 1.2%. Profits declined fell 8% $3.03 billion. Sales revenue rose 0.5% percent to $117.2 billion. Online sales growth increased 20.6% quarter over quarter. (Reuters)

The average cost of this year's Thanksgiving dinner for 10 is $49.87, a 24-cent decrease from last year's average of $50.11.  A 16-pound turkey, the biggest single ticket item in the meal, averaged a total of $22.74. (Farm Bureau)

With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.

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Most organizations are asking for cash, rather than supplies, so they can route help to where it’s needed most more quickly. Here are some of the largest groups with campaigns underway:

 

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

 

  • Intersection of NW Broadway Street and NW Delaware for waterline replacement project, road closures with detours clearly marked for thru traffic, 7 a.m. – 4 p.m. daily with roads opened nightly. Motorists are encouraged to avoid this area and use Bond Street and Wall Street.

 

  • 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.