The U.S. stock market took a historic dive last week, but did it touch the bottom of the pool on Friday when the Dow Jones Industrial Average hit 7,882 points? Investors seem to believe so. The market gained more than 900 points today, rising from an opening value of 8,462, past the 9,000 mark, and […]
Smart strategies for survival
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It’s distressing, if not alarming, to watch the current state of the stock market and the global economy. But there are strategies one can employ to make sure their business weathers the storm better than most, as nursery consultant Don Richards shared with OAN members today. We believe this is essential reading, so go check […]
More where that came from?
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Should employers get ready for a thicket of state immigration laws that don’t offer comprehensive solutions, but instead burden and punish employers? Maybe, according to an analysis by the respected public affairs, communications and research firm Conkling, Fiskum & McCormick: A federal court rebuffed a legal challenge of Arizona’s controversial immigration law, which employers and […]
Federal reserve takes ‘epic emergency measures’
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The U.S. Federal Reserve System made an emergency 1/2 point rate cut Wednesday morning, which was coordinated with similar cuts made by central banks in other countries, chairman Ben Bernanke announced. It was the latest in a series of ‘epic emergency measures,’ as the New York Times dubbed them, designed to relieve the effects of […]
Economic Drāno
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Consider it the economic equivalent of Drāno. As the Associated Press reported today: WASHINGTON – The Federal Reserve announced Tuesday a radical plan to buy massive amounts of short-term debt in a dramatic effort to break through a credit clog that is imperiling the economy. Invoking Depression-era emergency powers, the Fed will buy commercial paper, […]
OAN applauds passage of recovery bill
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Today Congress approved, and President George W. Bush signed, a federal economic recovery bill authorizing the U.S. Treasury to invest of up to $700 billion to calm markets and restore credit availability. And according to OAN Executive Director John Aguirre, that’s good news for Oregon nurseries. “Nursery growers and retailers, like so many businesses across […]
OAN 75th Anniversary Book now available
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The history of Oregon’s nursery industry is comprised of a single narrative made up of many smaller stories, and you can read many of them in the brand new OAN 75th Anniversary Book. The recently-published, full color book talks about the innovators, the milestones and the events who brought the business to where it is […]
Economic slowdown affects nursery business
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Sales of Oregon nursery products grew in 2007, but at a slower pace than in prior years, according to numbers released recently by the USDA National Agricultural Statistics Service. The 2 percent growth rate of 2007 was much lower than the 10 percent reported in 2006, and according to the Capital Press (subscribers only), industry […]
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