The Eager Report says entrepreneurs registered 301 new businesses in Bend in June a 21% increase over registrations in June 2017. Bend continued to lead the way in large city business registrations, with one business registered in February for every 303 residents, the highest rate of business registration among larger Oregon cities. Statewide, the average was a new business for every 690 residents.
According to the Bureau of Economic Analysis foreign investors spent $259.6 billion to acquire, launch, and expand businesses in the United States in 2017. That's down from a historic high of $439.5 billion in 2015. The largest of last year's foreign investment came from Canada, followed by the United Kingdom and Japan. (CNN)
Investment in the global energy sector totaled $1.8 trillion in 2017, marking a 2 percent drop from the previous year. A drop in spending on power plants offset a moderate increase in money flowing into the electric grid. (CNBC)
The USDA released its World Agricultural Supply and Demand Estimates. It estimates soybean stocks for 2018-19 at a record 580 million bushels, up about 50 percent from its previous estimate.
With Northwest Quadrant Wealth Management, a Registered Investment Advisor I am Troy Reinhart.