Joe Pags

ON AIR NOW

Joe Pags

6:00pm - 9:00pm

Contact
Business News


Home-price growth in the Portland area is slowing but still climbed by 1% in March, according to the S&P CoreLogic Case-Shiller home price index. Prices are up 9.2% from a year ago. Nationally, prices rose 5.8% in March. Homebuyers face a slim supply of homes for sale. The median sale price in the Portland was $370,000 in March, it rose to $385,000 in April.


Pendleton Woolen Mills President Mort Bishop III will retire effective June 30th. He has served in the role since 1999 and worked for the family-owned company for 40 years. He will continue to serve on the board. (PBJ)

Amazon plans to hire 1,000 workers for its distribution center in Troutdale. Amazon plans to invest $178.4 million in a robotics fulfillment center. (PBJ)

The CNBC/SurveyMonkey Small Business Survey index posted 60 in the second quarter, on a scale of 0–100. Male small-business owners were found to be more optimistic than females, with a confidence level of 62, versus female small-business owners, with a confidence level of 56. Owners with less than four employees have a confidence level of 58. Those with 50 or more employees scored 67.

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

Hide Comments

Traffic

 

 

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

 

  • North 3rd St >< Division and O.B. Riley Rd, single lane N-Bound (6/15-8/30)
  • South 3rd St >< Wilson and Reed Ln, single lane closures South Bound 5a-2p (8/30)
  • Construction at 27th Street . Northbound Lane Closed from Ferguson to Bear Creek.  Detour in place.
  • O.B. Riley Road South-bound lane closed south of Mervin Samples Rd (12/17)
  • Butler Market East-bound lane closed E of 4th St. for sewer construction. (12/17)