I don’t know how to cut raised letters of a sign project in easel pro. Any help is appreciated. Thank you
Just set the cut to run in reverse, and it’ll deposit material instead of removing it. 
But seriously, make a rectangle that’s a little bigger than your sign, and set that to the depth you want the background of the sign to be. Then add your text, but set it’s depth to 0, so it’s white. This will clear out the material around the letters, leaving them raised, like so:
I used this technique to make my wife a sign, where I laminated some walnut on top of some quartersawn sycamore for high contrast (this was cut out of a solid blank):
