Not many days ago, Erickson Air-Crane was a darling in the small-cap investment world. The heavy-lift helicopter company’s acquisitions of Evergreen Helicopter in McMinnville and a South American energy company’s flight wing attracted 15 minutes of fame when CNBC “Mad Money” host Jim Cramer interviewed CEO and President Udo Rieder. Now comes word from those [...]
Ever get tired of the endless drivel repeating the same three or four tidbits, hour upon hour on sports radio stations? Instead of hearing live play-by-play, it’s more of the same, day after day. Even when one would surely expect an ESPN of a Major League Baseball game or national college football feed, all you [...]
Melissa Brandao has launched a new electric vehicle enterprise in the Columbia Gorge. Brandao operated Barefoot Motors in Ashland, the first electric vehicle venture founded by a woman, before the Great Recession forced her to sell her stake in the company. Less than two years later, the Barefoot Motors’s Model One four-wheel all-terrain vehicle designed [...]
Sticking with residential real estate and the housing theme of the week. “Builders are selling fewer cheap, starter homes, and more of what are called first- and second-move up homes, which are typically a little more expensive, and often bought by people with growing families and bigger space needs,” writes Wall Street Journal reporter Robbie [...]
Moderated by Scott Lewis: David Crowe: Cost of building a house depends on materials costs. Prices are below the path we were on in the 1980s and 1990s. We’re a long ways a way from a bubble. Where did the jobs go? Josh Lehner: Lost 30-40% of construction jobs,number of licensed real estate agents has [...]
Josh Lehner, senior economist with the Oregon Office of Economic Analysis, is up next. State of Oregon is in expansion, outlook starting to improve. Weights have been housing and government. Housing last two years picked up, supporting growth. Cutbacks starting to stabilize and K-12 appears to be through laying off children. Starting to see job [...]
Lawrence Yun is chief economist and vp of research for the National Association of Realtors. Recovery appears to be genuine and will last four or five years. Real estate sales is highly entrepreneurial, relationship building is very important and the number of hours worked. Pending sales are at a five-year high. Homebuyer tax credit created [...]
David Crowe: Starts with macroeconomics, shows GCP growth 2000-2013. Continued softness, Washington: raises taxes, pulling back spending. That creates a drag. We have resolved a lot of things that caught deep, recession. 2014 will see return of better growth rates.Recovery has been erratic. Housing recovery didn’t happen, economy was a lot sicker than people thought. [...]
Southern Oregon Economic Summit “Riding the Wave of Recovery”will start shortly. First up today, David Crowe, chief economist for the National Association of Home Builders
As visible as Erickson Air-Crane’s heavy-lift Siskorsky helicopters have been from the cinema to the nation’s capital, not to mention fighting fires around the globe, the company remains an enigma to many. CNBC stocks guru Jim Cramer interviewed CEO and President Udo Rieder during a segment of “Mad Money” aired Friday. There wasn’t much new [...]
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