|| Print ||
|Archives - June 2009|
|Monday, June 01, 2009|
Local rock climbers in Bend are clinging to their gym membership as if they were hanging off a sheer mountainside. And with an imploded housing market and unemployment at 17%, the city is teetering on a cliff. Yet Bend-based Inclimb Rock Gym is planning to move into a larger building in July, an expansion plan that’s echoed at several Portland gyms.
“It’s kind of a response to the recession,” says manager Bevin Hess. “The building we’re in got bought right before the market crashed. They have plans to demolish it, so we decided to go the opposite route and expand.”
Though some clubs have seen membership remain flat, Inclimb and other fitness clubs around the state are following a national trend. According to trade magazine Fitness Business Pro, the fitness industry will not be as drastically affected by the recession as others. Research company IBISWorld projects 4% growth in the fitness industry this year. IBISWorld ranks the fitness industry fifth in projected growth, behind industries like video games and biotechnology.
In the Portland area, the YMCA of Columbia-Willamette is considering a new gym, though it’s based on need rather than profit. The YMCA and Gresham are discussing plans for a new YMCA in the Rockwood neighborhood. YMCA spokeswoman Tammy Spencer thinks people use fitness to regain control over their lives. “Folks might not be able to do anything about the stock market and economy,” says Spencer, “but they can do something about their health.”
24 Hour Fitness and L.A. Fitness are also expanding in Portland. There are a dozen 24 Hour Fitness clubs in Oregon, almost all in Portland. A 13th will open on Southeast McLaughlin in August. In January, L.A. Fitness opened its fifth location in Portland and plans a sixth this summer.
“People still need to be healthy. It’s something that people still hold high on their value list,” says Tyron Manlove of the L.A. Fitness on Northwest Northup.
Friday, July 18, 2014
BY JASON NORRIS | OB GUEST CONTRIBUTOR
Back in May, we shared a common Wall Street quote about investing, “Sell in May and go away.” Fast forward to July and the most common question we have been getting from clients is, “When is the market pullback going to occur?”
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, June 26, 2014
BY ERIC FRUTS | OB BLOGGER
Last year, the housing market in Oregon—and the U.S. as a whole—was blasting off. The Case-Shiller index of home prices ended the year 13% higher than at the beginning of the year. But, was last year a blip, or a trend?
Thursday, May 29, 2014
BY KIM MOORE
A conversation about credit unions with the CEOs of Advantis Credit Union and OSU Federal Credit Union, followed by June's Powerlist.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
Thursday, May 29, 2014
BY SOPHIA BENNETT
Tillamook expands its tourism niche.
Thursday, May 29, 2014
BY JONATHAN FROCHTZWAJG
For Far West Fibers, one of Oregon's largest and oldest mixed-recycling companies, garbage alchemy has long been big business.
|The Private 150: Bigger But Leaner|
|The Perfect Food|
|Powerlist: Staffing Firms|
|Taxis Uber Alles?|
|Boeing profit surges 52%|
|Apple: iPhone sales jump|
|Comcast profit rises 15%|
|American fast food chains snagged by food safety scandal in China|
|Washington volcanoes receive more scientific scrutiny|
|Edward Snowden: Racy photos often shared at NSA|
|Forbes Media to sell majority stake|
Vigilant enters a New Year with a new president.
How George Fox has become one of Oregon's largest private universities.
Forest Grove sees growth in the burgeoning food and beverage scene.
Geffen Mesher is saddened to announce the passing of long-time shareholder, Tom “Mike” Anderson, who died on July 10, 2014, from liver disease diagnosed after recent heart surgery. He was 55 years old.
Fifteen Lane Powell attorneys have been named 2014 “Oregon Super Lawyers,” and another five attorneys have been named as “Oregon Rising Stars” by Super Lawyers magazine.
From its first-ever member forum, to upcoming Board elections, the Oregon-based, non-profit health organization is focused on letting members control their healthcare destiny.