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Latest News

Tourism likely won't match strong 2010

December 16, 2010
After what tourism officials here say was a banner 2010, with a number of big-impact events, convention activity in the Inland Northwest is expected to undergo a dip next year."Spokane has had, from a convention standpoint, with a large number a
Read More

Health-care sector faces big challenges

December 16, 2010
The health-care sector here faces major hurdles and uncertainty in the coming year, due partly to eroding patient volumes, pressure on government funding sources, and the continuing consolidation of hospitals and physician groups."I think it be
Read More
—Journal file photo

Manufacturing, tourism to lead way

December 16, 2010
In a mixed outlook for 2011, Kootenai County executives say tourism and manufacturing likely will begin to lead the economy there out of its downturn. Meanwhile, they're hoping that residential home sales will at least maintain their higher level a
Read More

2011 should be improved, bankers think

December 16, 2010
This year has been better than 2009, and 2011 should be better than 2010, but the economy won't completely turn around until 2012, bankers here believe."We anticipate that 2012 will be the turnaround year for the economy," says Jack Heath, and a
Read More

Miners hope the good times roll into 2011

December 16, 2010
While many industries expect to plod through another year of a still-slogging economy, the mining industry expects a repeat of what has been a stellar 2010.Metals prices continued to be strong this year, and in some cases jumped significantly, a
Read More

High-tech firms mostly foresee strong growth

December 16, 2010
High-tech manufacturers here generally expect strong growth in 2011."This year will go down as the best year in our history on all fronts," says Mike MacKay, president of MacKay Manufacturing Inc., of Spokane Valley. "Looking forward, I think a
Read More
—Journal file photo

Slow upswing in construction sector forecast

December 16, 2010
Construction industry sources here are somewhat optimistic that a construction turnaround has started in the residential market and that the nonresidential construction market is at or near its bottom. No one is expecting, though, that 2011 will to
Read More

Real estate said poised for slow rebound in 2011

December 16, 2010
The residential and commercial real estate markets here are expected to turn around slowly in 2011, perhaps finally curbing protracted recession-related sales declines, industry sources here say.In the first 11 months of 2010, 3,913 homes were a
Read More

Job growth seen improving a bit

December 16, 2010
The two halves of 2010 were like two different job markets, with unemployment here peaking at 11.2 percent in February, but private-sector employers increasing their hiring in the second half of the year, says Doug Tweedy, regional labor economist
Read More

Anxiously awaiting an upturn

After difficult 2010, most industry sectors here expect gains
December 16, 2010
The light at the end of the tunnel to economic recovery remained dim this year for most industry sectors here, but greater optimism about 2011 is providing a new glow. Expect improvements, albeit from lower levels of activity than we're used to, as
Read More
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