Business News

Rollercoaster

According to Bend business attorney Eager law if you own residential rental property in Oregon and when your tenant moves out he leaves some of their personal property behind, you are in for some unpleasantness. You're required to provide written notice to the tenant, make a determination of value, and sometimes hold a public sale, with the proceeds of which eventually going to the tenant, who by the way left the stuff in your property to begin with. The statute governing all of this is 19 pages long when printed out and it's a mess. 

 

U.S. services sector still humming along. ISM's November non-manufacturing index came in at 60.7. Business activity increased for the 112th consecutive month as order backlogs fell and new orders and inventories rose. Survey participants continued to highlight concerns about tariff impacts and transport capacity shortages, but expressed stable-to-positive views on the overall business environment. (LPL)

 

America turned into a net oil exporter last week for the first time in 75 years. The U.S. sold overseas last week a net 211,000 barrels a day of crude and refined products, according to the U.S. Energy Information Administration.

 

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

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