Lars Larson

ON AIR NOW

Lars Larson

6:00pm - 9:00pm

Contact
Local News


A sharp dive in private job growth and a continued slowdown in the manufacturing sector combined to send the Dow Jones Industrial Average down almost 280 points Wednesday, its biggest drop since early March. Troy Reinhart  is with Northwest Quadrant Wealth Management in Bend. “Continuing bad news on the job front and manufacturing slowing down. It’s still growing but not growing at the same pace. We’ve been in this sort of a slow drift upwards or sideways, and continuing bad news on threw job front and manufacturing slowing down, it’s still growing, but it’s not growing at the same pace. We’ve been in this slow drift upwards or sideways and this is just enough of a catalyst to send some people out of the Market. Like yesterday (Tuesday) was enough, just with what was going on in Greece, the EEU to send people back into the Market. So I think people are trying to figure out where we’re going and how fast we’re gong to get there and that causes lots of volatility.” Doubts about the economy's strength that built throughout may were compounded by a pair of reports that were weaker than investors expected.  The ISM's Manufacturing Index fell and private employers added just 38,000 jobs in May, down from 177,000 in April.  Analysts had expected 180,000 new jobs.

 

 

Share
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:

 

Traffic

 

 

  • 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.