The Oregonian‘s list of top 10 business stories for the year makes for a mashup worthy of some thought. Thins that might seem to go together, or run in conflict, sometimes don’t.
For the year:
Intel has been struggling with the declining desktop (and laptop) computer market for its chips. But, even as it investigates some still-speculative options, stock prices continue to climb. Overall area stock prices continued well, even as Nike got a string of bad marketing news this year.
Intel cut both ways with the new administration this year: “Intel CEO Brian Krzanich spent the early part of the year courting President Donald Trump, even visiting him in the Oval Office. He then spent the rest of the 2017 retreating, denouncing the new president’s actions on immigration and climate change.” Later, Krzanich resigned from the administration’s new manufacturing group.
The unemployment rate hit record lows. But in the Portland area, the minimum wage rose to $11.25, part of a regional push upward in those wages.
A major new development in Portland’s downtown was slated with a new building for Oregon Health & Science University and Portland State University. But higher education continued to struggle with weak state funding.
The pieces aren’t fitting together cleanly. See: 2018. – rs