Category: Weekly Reports

Wells Fargo Weekly Economic & Financial Commentary – June 26, 2015

Wells Fargo Weekly Economic & Financial Commentary – June 26, 2015 Economic Activity Is Showing Encouraging Signs First-quarter real GDP growth was revised up to a decline of 0.2 percent in the third estimate. Although the negative reading is alarming, we suspect statistical noise is at the heart of the weak figure. Real GDI, which […]

Continue Reading

Pacific Maritime Magazine News Online for June 26, 2015

  SUBSCRIBE TO THE PRINT EDITION   INSIDE PACIFIC MARITIME MAGAZINE   Michele Foss: Foss Maritime’s First Arctic Class Tug By Peter Marsh   Michele Foss, the first of three 132-foot tugs being built at the Foss Rainier, Oregon Shipyard, was christened in April at the Foss Waterway Seaport in Tacoma, Washington. This new vessel is […]

Continue Reading

Bank of the West U.S. Outlook Report for June 26, 2015

US Outlook Report: Purchasing Manager Indexes Soften in June Readings on business surveys from regional PMIs have been mixed in June, and the preliminary national level Markit PMIs for manufacturing and service businesses softened noticeably, implying a slowing in business activity as the second quarter draws to a close. The biggest surprise was the slip […]

Continue Reading

Pacific Maritime Magazine News Online for June 23, 2015

  SUBSCRIBE TO THE PRINT EDITION   INSIDE PACIFIC MARITIME MAGAZINE   Michele Foss: Foss Maritime’s First Arctic Class Tug By Peter Marsh   Michele Foss, the first of three 132-foot tugs being built at the Foss Rainier, Oregon Shipyard, was christened in April at the Foss Waterway Seaport in Tacoma, Washington. This new vessel is […]

Continue Reading

Pacific Maritime Magazine News Online for June 19, 2015

  SUBSCRIBE TO THE PRINT EDITION   INSIDE PACIFIC MARITIME MAGAZINE   Regional Report: The Columbia Gateway By Jim Shaw   The Columbia River System has seen two major events take place over the past few months, the inauguration of the nation’s largest floating drydock at the Portland Shipyard and the loss of virtually all of […]

Continue Reading

Wells Fargo Weekly Economic & Financial Commentary – June 19, 2015

Wells Fargo Weekly Economic & Financial Commentary – June 19, 2015 The Fed Gears Up for September Hike The June Federal Open Market Committee (FOMC) meeting points to a September rate hike despite some downward revisions to its economic forecast. Consumer prices gained strength in May, thanks to higher energy costs, although year-ago inflation remains […]

Continue Reading

Bank of the West U.S. Outlook Report for June 19, 2015

US Outlook Report: More Signs of a Stronger Second Half Markets this week cheered the Fed’s somewhat dovish “dot-plot” of interest rate projections and Janet Yellen’s soothing tone at her press conference, but U.S. economic data continue to improve through June, and the near-term economic outlook appears to be shaping up pretty close to our […]

Continue Reading