This is the weekend of the Oregon Flock and Fiber Festival (OFFF) http://www.flockandfiberfestival.com/at the Clackamas County Fairgrounds. When I have attended in past years, the weather has cooperated nicely for the festival, about half of which takes place outside. The animals---many varieties of sheep, goats, and alpacas, primarily--- are fascinating, the fiber and yarns are beautiful to look at, and soft to the touch. The many vendors are generally friendly and helpful. I especially enjoy the fibery goodness of Dicentra Designs. Her colors are amazing, and her booth is beyond beautiful. Here's a link to her Etsy shop, in case you can't get to Canby this weekend. http://www.etsy.com/shop/Dicentra
Last year my big splurge was a pair of glass needles from Sheila and Michael Ernst. In order to make the purchase as "practical" (yeah, right) as possible, I got a pair of size 8 16" circular needles in Amber.
Finally, here's a hat I knit, partly out of yarn spun (by Jane) from Lisa of Dicentra Design's hand dyed roving. Lisa calls the multicolor yarn colorway "Pelennor." I call it "yummy."