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Microsoft is closing its Wilsonville Oregon facility where it builds giant touch-screen computers. The company will eliminate 61 jobs in September and another 63 in the following months. (OregonLive)

The Consumer Price Index was unchanged in June as the cost of gasoline and mobile phone services declined. In the last 12 months, the CPI is up 1.6%. (Labor Depart.)

Retail sales fell in June by 0.2%. Down for a second straight month. The number was pushed down by declines in spending at service stations, clothing stores, supermarkets, restaurants and bars and hobbies. Retail sales are up 2.8% year-on-year. (Commerce Department)

Industrial production rose in June by 0.4%. Up for a fifth straight month. Mining output which includes oil and gas increased 1.6% led coal mining and in drilling and support activities. Utilities output was unchanged. Capacity utilization, which measures how fully companies are deploying their resources, rose to 76.6% in June. (Reuters)

U.S. consumer sentiment fell to 93.1. In the July survey, a reading of current U.S. economic conditions is at 113.2. (University of Michigan)

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.