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Advanced Manufacturing reports that “manufacturing economic growth should continue through the rest of 2017.” The semi-annual forecast predicted “an average revenue increase for the year of 4.4%, compared with 2016.” “The survey showed manufacturers this year expect a 5.2% increase in capital expenditures, a 1.3% rise in employment and a 4.4% rise in revenues.”

New single-family home sales tumbled 11.4% in April from a 9-1/2-year high in March. However new home sales increased 0.5% on a year-on-year basis. April's sales drop came after three straight months of increases. (Commerce Department)

Flir Systems the Wilsonville thermal imaging company has a new CEO.  He is Jim Cannon, an Army veteran who has been at toolmaker Stanley Black & Decker for the past 16 years. Flir is one of Oregon's largest companies, reporting sales of $1.7 billion last year and profits of $167 million. It employs nearly 3,500 worldwide. (Oregon Live)

Home improvement supplier Lowe's profit fell 32% to $602 million, or 70 cents per share last quarter. Sales rose 10.7% to $16.86 billion. Same-store sales rose only 2%. (AP)  

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.