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Winter weather is here: carry chains or traction tires if traveling over the mountains.

Market Watch

At 8 a.m.:

The Gross Domestic Product number for the 4^th quarter came in below expectations at 2.8% throwing cold water on the markets. Reduced government spending took 1% off GDP. What is of real concern is that about half the growth, was not due to consumption, but building inventories. In good news we received another indication that inflation is very tame. Consumer confidence in January grew more than expected. The trend of the consumer feeling better about the economy continues. The S & P 500 down 3 and the NASDAQ up 2. Oil is flat at the century mark per barrel. Gold is also flat at $1726 a Troy ounce.

Fox Sports

>>Portland Hosts Phoenix

The Trailblazers look for a bit of revenge when they host Phoenix tonight at the Rose Garden. They lost hard in Phoenix earlier this season; final score 102-77. Portland is 8-1 at home, 11-8 overall; – while Phoenix is 6-11 overall and just 3-6 on the road. Tip off at 7:00 p.m.

>>Oregon vs Oregon State

This Sunday is part one of this season’s Civil War Basketball Series as Oregon hosts Oregon State. The surprising Ducks are 15-5 overall, and tied for first in PAC-12 play at 6-2. Oregon State has struggled in Conference play after a great pre-season. The Beavers are 13-7 overall, but just 3-5 in Conference play. Pregame begins at 3:30.