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Latest News

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Banking industry expects further stabilization in 2025

Fraud, cybersecurity are among industry concerns
December 19, 2024
Karina Elias

Financial institutions expect steady overall growth and better lending rates for short-term loans in 2025. 


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More INW startups, investing expected in 2025

New companies continue to emerge despite recent lull in funding
December 19, 2024
Dylan Harris

Funding for emerging companies is in a lull, but overall, the Inland Northwest’s startup ecosystem is growing, and that growth is expected to continue in 2025.


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Kootenai County faces opportunities, challenges

Shortages in workforce, attainable housing temper diverse economy
December 19, 2024
Mike McLean

Kootenai County has a lot of economic opportunities ahead, although it faces challenges of a tight labor supply and a need for attainable housing.



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Health care-heavy job growth expected in INW

Modest employment increase of 1% projected for 2025
December 19, 2024
Linn Parish

Modest job growth is expected next year in the Inland Northwest, with greater strides expected on the Idaho side of the border and a heavy concentration of health care-related jobs throughout the region. 


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Farmers expect relief in 2025 from past years' headwinds

Growers anticipate lower interest rates in new year
December 19, 2024
Karina Elias

Looking to 2025, growers in Washington hope to find some relief from high labor costs and interest rates. 


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Manufacturing continues steady growth, budding fields emerge

Green energy, hydrogen, satellite sectors arise
December 19, 2024
Karina Elias

Manufacturers in Spokane are taking up work in the satellite industry, while companies in other emerging fields also are looking here to build out their supply chains. 


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Mining industry observers are optimistic about coming year

Silver Valley production is expected to increase
December 19, 2024
Mike McLean

The mining industry in the Inland Northwest and beyond has an optimistic outlook for the coming year.


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Some retailers are hopeful for revenue growth

Customer experiences expected to help boost in-store sales
December 19, 2024
Erica Bullock

Retail sales in Spokane had a sluggish start through the first half of the year ahead of what's expected to be flat or slightly higher sales through the last two quarters of 2024.


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Affordability issues to dampen real estate activity

Despite high costs, North Idaho commercial market shows promise
December 19, 2024
Erica Bullock

Real estate affordability has been a top concern in Spokane and Kootenai counties this year for both the commercial and residential markets, and high costs are expected to persist in the new year.


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Construction activity to stabilize at slower rate in 2025

North Spokane Corridor is under bidding pause
December 19, 2024
Erica Bullock

A burst of construction activity in the beginning of the year has given way to a development slowdown that's projected to stabilize at a slower rate in 2025.


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