Del Rio Vineyards & Winery, outside of Gold Hill, has signed on with Standard Beverage Co. of Lenexa, Kan., extending its distribution to 17 states, the District of Columbia and China.
It’s part of a wider effort to ink deals, Del Rio said, to move a broad range of new markets for the 16-year-old winery and Rock Point products this year.
Here is a new list of the top auto lenders in the nation compiled by SNL Financial. Capital One surpassed Bank America to move into the No. 4 spot.
Genesee & Wyoming Inc., new owner of the Central Oregon & Pacific Railroad saw improved traffic in February thanks to increased shipments of petroleum products and metallic ores.
The Commerce Department said today retail and food services sales increased 1.1 percent seasonally adjusted month-to-month and increased 4.6 percent adjusted year-over-year.
The National Retail Federation said sales beat estimates in February as consumers adapted and adjusted spending in response to increased payroll taxes and higher gasoline prices.
February retail sales — excluding automobiles, gas stations and restaurants — increased 0.7 percent seasonally adjusted from January and increased 0.5 percent unadjusted year-over-year.
“Our consumer research consistently shows a cautious shopper that is making tough spending decisions based upon economic uncertainties, lower paychecks and higher prices for things such as gas,” NRF president and chief executive officer Matthew Shay said in a statement. “This is particularly true among those making $50,000 or less a year. While retail sales numbers indicate good momentum for the economy, consumers with less earning power may continue to face ongoing pressure and retail sales will encounter further challenges as sequestration takes full effect in March.”
The Conference Board Employment Trends Index rose in February to 111.14, up from a revised 109.93 January reading.
The February figure is 3.2 percent higher than a year ago.
“The Employment Trends index is signaling an improving employment environment,” said Gad Levanon, Director of Macroeconomic Research at The Conference Board. “However, even though the labor market has gained in recent months, the looming sequester is likely to slow the pace of job creation in the near term.”
February’s improved index was driven by positive contributions from seven of its eight components, the Conference Board said.
The rising indicators were: Percentage of firms with positions not able to fill right now, real manufacturing and trade sales, industrial production, employees hired by the temporary-help industry, ratio of involuntarily part-time to all part-time workers, job openings and initial claims for unemployment insurance.