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The US economy added 209,000 new jobs in July.  The unemployment rate holds steady at 4.3% (Labor Department)

In the slew of earnings results here are some regional companies you may have missed.

Alaska Air and its regional Horizon Air subsidiary reported quarterly earnings topping $2 billion for the first time ever and a profit of $296 million, or $2.38 per share. That's up nearly 14% from Alaska's profit a year ago. Horizon Air accounted for just 1% percent of the company's overall profit in 2016. So far, this year, flight cancellations have been mounting since January as Horizon has lost $16 million. (Oregon Live)

Columbia Sportswear had record second-quarter sales of $398.9 million, but lost $11.5 million, or 17 cents a share. The company lost $8.2 million, 12 cents per share, in the same period last year. The company's flagship Columbia brand saw sales increase 2 %, the Sorel brand of footwear sales climbed 71% from the prior year. The company said most of the 2017 sales growth will come from its own direct-to-consumer sales. (Oregon Live)

Join us this weekend for Financial Focus Radio when we will talk about these record markets.

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

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Help Puerto Rico

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.