George Noorey

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George Noorey

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It is now fall and this morning we start the last week of trading for the third quarter.  Next week starts the last quarter of the year and there are 93 days left to do your Christmas shopping.  

While we slept the Chinese Purchasing Mangers’ Index, a measure of factory orders for September, climbed to six month highs and beat expectations.  This shows the economy is showing signs of recovery. (Bloomberg)

The new iPhone is seeing big early demand and an Oregon company is benefiting.  Hillsboro based Triquint Semiconductor has a chip in the new phone.  Apple is approximately one third of the sales for the Oregon Company. (iFuxut’s/Oregonian)

It is a game of catch up. Today Microsoft will unveil its new generation tablet to the world in New York City.  It is anticipated the company will announce new features and accessories.  (CNBC/Reuters)

Retailer Kohl’s has kicked off the holiday hiring season.  The company says they will be hiring 53,000 seasonal holiday employees.  Kohl’s has 12 Oregon stores and two in SW Washington.  (Oregonian)
 

Traffic & Weather

 

 

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

 

  • Construction at 27th Street . Northbound Lane Closed from Reed Market to Bear Creek.  Detour in place.

 

 

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