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Latest News

Paul Read: Welcome to 2026...What a difference 10 years can make

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December 29, 2016
Paul Read
Good morning. As I glanced at my watch today, a smile eased across my face. It's Dec. 29, 2026. My retirement day. After all, I turned 65 a few months ago, and it's clearly time for someone younger and smarter to lead the Journal of Business. Wow, the
Read More

Small Business Watch

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December 15, 2016
Staff Report
Local Inland Northwest Cooperative, a Spokane Valley-based food cooperative that does business as LINC Foods, has leased 2,100 square feet of warehouse space at 3012 N. Nevada for its first dedicated distribution center. LINC Foods specializes in selling
Read More

Timber industry optimistic for sustained growth

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December 15, 2016
LeAnn Bjerken
Once again, experts in the wood products industry are expecting moderate growth in U.S. housing starts for 2017. Most industry officials remain modestly optimistic as they track residential real estate and construction markets, the latter of which accou
Read More

Mining industry hopes for turnaround in prices

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December 15, 2016
The good news is the price of gold is $100 per troy ounce higher than it was at this time last year. The bad news is the price of gold is $200 per troy ounce lower than it was five months ago. The current per-ounce price is $1,180, which is up from $1,07
Read More

World awash in wheat keeps sale prices weak

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December 15, 2016
Record stockpiles of wheat globally likely will mean lower wheat prices for Eastern Washington farmers in 2017, says Glen Squires, CEO of the Washington Grain Commission, based in Spokane. The U.S. Department of Agriculture estimates world wheat producti
Read More

Inland Northwest tech industry observers see growth

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December 15, 2016
The CEO of a nonprofit business technology incubator here says he sees an opportunity next year to help small businesses begin partnerships with Washington State University's Elson S. Floyd School of Medicine as it prepares to host its first medical sch
Read More

Retail sales rising faster than income here—for now

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December 15, 2016
LeAnn Bjerken
As has been the case for a couple of years now, retailers here are again predicting sales growth for 2017. However, some of industry representatives and observers interviewed are skeptical as to how long this period of gains will continue. Grant Forsyth
Read More

Visitor, tourism growth might soften slightly in 2017

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December 15, 2016
LeAnn Bjerken
Despite regional tourism being strong here again this year, local experts in the industry say a lighter convention event schedule could mean visitor traffic will soften slightly in 2017. Visit Spokane President and CEO Cheryl Kilday says demand for overn
Read More
—File

Steady growth projected again in Kootenai County

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December 15, 2016
Mike McLean
Most sectors of the Kootenai County economy are expected to continue to grow in 2017, although certain industries will be challenged to fill their workforces, some sources there say. Sam Wolkenhauer, Post Falls-based regional labor economist with the Ida
Read More
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Upswing in real estate said to carry into new year

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December 15, 2016
Mike McLean
Look for activity in the commercial and residential real estate markets to continue their post-recession upswing next year, some market observers here say. Dave Black, CEO of Spokane-based NAI Black, says the Spokane-based commercial real estate brokera
Read More
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