The Observer. (La Grande, Or.) 1968-current, April 29, 2021, THURSDAY EDITION, Page 19, Image 19

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    BUSINESS & AG LIFE
THURSDAY, APRIL 29, 2021
REBOUND
Continued from Page 1B
Boeing’s 737 Max, both
due to lower traffi c and
technical issues with the
aircraft.
However, the global
supply chain has been
snarled by surging demand
and ongoing COVID-19
infections.
“Supply chain dis-
ruptions continue to be
a headwind, preventing
a complete recovery to
pre-pandemic levels,” said
Rubeela Farooqi, chief U.S.
economist at High Fre-
VIDEO
Continued from Page 1B
their reception. It’s pretty
cool.”
He also does much com-
mercial work, shooting
advertisements for small
businesses. His sister, Tosca
Rawls, works at the Wal-
lowa Valley Center for
Wellness, providing him
an “in” there. Paper Street
Enterprise has become the
prime fi lmmaker and media
company for the center. He
quency Economics.
Analysts at Contin-
gent Macro said Mon-
day’s durable goods report
“reveals signifi cant vola-
tility” in certain industries
due to the supply chain
troubles, which have been
particularly acute in the
delivery of computer chips.
Monday’s report showed
that demand for machinery
and primary metals such as
steel increased last month
while orders for com-
puters and related products
dropped 1.4%.
Even with the weak-
er-than-expected orders
in March, economists are
forecasting a strong eco-
nomic growth in the Jan-
uary-March quarter. The
U.S. releases its fi rst look at
gross domestic product on
Thursday. Forecasts put that
rebound at 5% or better,
with even stronger growth
in the current quarter,
which ends in June.
“As the economy reopens
more broadly, industrial
activity will continue to be
propelled by strong tail-
winds including large fi scal
stimulus, buoyant demand
and strong corporate
profi ts,” said Lydia Bous-
sour, lead U.S. economist at
Oxford Economics.
also does work for other
businesses.
“We do most anything,
like if you go to the Minam
store, or you go to Wallowa
Valley Center for Wellness
or Winding Waters River
Expeditions up in Joseph
on the river, it’s people like
that I create videos for of
everyday life and making it
cool,” he said.
But it’s the creative
aspect of the business that
fi res Rawls up.
“It’s a place where not
only artists but anybody
can come and bounce ideas
and it will have, eventu-
ally, open work stations,
plus places you can rent, a
real interactive situation,”
he said. “I have my own
offi ce, but you can come to
me and say, ‘Hey, what do
you think about this idea?’
Because that’s who I am.
I’m a creative. I create ideas
and then we try to push
them.”
To view some of Rawls’
work, go online to paper-
streetenterprise.com. He
can be contacted at 541-
908-2375 or by email at
rawls@gmail.com.
THE OBSERVER & BAKER CITY HERALD — 3B
In this Oct. 29, 2020,
photo, a worker dusts
washers on a display
at a Home Depot in
Boston. Orders for
big-ticket manufactured
goods rebounded
0.5% in March as U.S.
factories recovered from
frigid February weather
disruptions.
Steven Senne/Associated Press, File
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