Business News

A Clean Slate - Welcome February

The S&P 500 had its best January since the 1990s. The Dow hasn't fallen in February since 2009, and the S&P 500 and Nasdaq have only one negative February during that time. (CNBC)

The National Association for Business Economics found 47% of respondents said their sales rose over the past three months and half of the surveys’ respondents said that their wages rose over the past three months. (AP)

The Small Business Admin. found that small business loan origination is still only 40% of pre-financial crisis levels.

According to a joint report from the Food Marketing Institute and Nielsen 70% of US grocery shoppers could be buying online within five years.  

Columbia Distributing will purchase General Distributors based in Oregon City. The acquisition will allow Columbia to have a contiguous service area of the Portland Metro Area and from Salem to Hood River.

The third oldest McDonald’s in America will be demolished on Powell Boulevard in Portland in February. Built in 1962, it is the classic double-arches style designed by architect Stanley Meston. (WW)

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

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