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Latest News

Bank touts home ownership via employer-aided program

Incentives together can help make mortgages pencil out for workforce
July 5, 2012
Mike McLean
Seattle-based residential lender HomeStreet Inc. has brought a program here that's aimed at making homeownership more accessible to workforces of participating employers by reducing mortgage-related costs and fees, says Andy Slipper, Spokane-area a
Read More

Inland Asphalt set to begin $1.7 million I-90 project

Six-mile leg of highway west of Spokane to be resurfaced, upgraded
July 5, 2012
Chey Scott
The Washington state Department of Transportation has awarded a contract valued at just under $1.7 million to Spokane-based Inland Asphalt Co. to resurface about six miles of Interstate 90 on the West Plains.Spokane-based DOT spokesman Al Gilson
Read More
—Rendering courtesy of Nystrom Olson Architecture

Walker Construction starts work on new STCU branch

Credit union plans to open 16th location late this year in the Moran Prairie area
July 5, 2012
Treva Lind
Spokane Teachers Credit Union has started construction of its 16th branch, which is scheduled to open late this year on Spokane's South Hill.The 4,000-square-foot structure, which STCU plans to call its Moran Prairie branch, is being erected at
Read More
—Staff photo by Mike McLean

U District project steel rises - Art only

July 5, 2012
The $78 million Washington State University Biomedical and Health Sciences Building comes out of the ground on the Riverpoint Campus. The 110,000-square-foot structure will house part of the WWAMI Medical Education Program, the WSU Medical and the
Read More

SIA selects Lydig to erect new building

Airport is investing nearly $13 million in bolstering snow-removal capability
July 5, 2012
Chey Scott
The Spokane Airport Board has awarded a $7.5 million contract to Spokane-based Lydig Construction Inc. to erect a building at Spokane International Airport for storing new snow-removal equipment purchased recently for more than $3.8 spokesman Todd
Read More
—Photo courtesy of SilverWing of Sandpoint LLC

Sandpoint fly-in community throttles up

After years of contention, FAA directed to allow runway access easements
July 5, 2012
Mike McLean
The long-planned, $26 million-plus SilverWing at Sandpoint fly-in community once again is revving up its marketing now that access to the runway at Sandpoint, Idaho, is free of federal red tape, clearing the development for takeoff, says Michael in
Read More

Consumer spending index posts three-month increase

Sustained trend is first since September 2010 as energy prices drop
July 5, 2012
News Wise
In May, the Deloitte Consumer Spending Index posted its first three-month increase since September 2010.The index tracks consumer cash flow as an indicator of future consumer spending. "The index's increase is due to an ongoing slowdown in a
Read More

Trucking volume dropped in May, industry group says

Activity dips for second straight month, but it's up from a year earlier
July 5, 2012
News Wise
The American Trucking Association's advanced seasonally adjusted for-hire truck tonnage index fell 0.7 percent in May. This slight decrease follows a 1.1 percent decline in April, which was reported on May 22. The latest drop lowered the to a
Read More

IT capital spending rises some this year, study says

Improvement is coupled with confidence decline in chief information officers
July 5, 2012
Information technology operational budgets across the U.S. and Canada are rising 2.2 percent at the median this year, a rate that is a slight improvement compared with the 2 percent growth in 2011, says the recently released IT benchmarking study a
Read More

Fewer grads finding jobs, study reports

Employment rates decline as underemployment rate increases, researchers say
July 5, 2012
News Wise
Even as the job market has rebounded during the last two years, the employment prospects for young college graduates have continued to deteriorate, says a new report by Paul E. Harrington and Neeta P. Fogg, labor economists in Philadelphia-based of
Read More
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