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Latest News

Kootenai County in slower mode

December 18, 2008
Mike McLean
The Kootenai County economy won't be as vibrant in 2009 as it was earlier this decade, but business advocates there aren't anticipating a bust either."Things have slowed down, but we're faring a bit better than most of the country," says Coe, of
Read More

High-tech looks to weather storm

December 18, 2008
Jeanne Gustafson
High-tech manufacturers here are casting a cautious eye on 2009, and indicate that they plan to stay as lean as possible to be ready if sales growth, which already is beginning to soften, turns to a decline.For one such company, the economic its
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Retail sales said likely to stay flat

December 18, 2008
Retail sales are expected to remain relatively flat here next year, though they could rise or fall slightly, economic observers here say.Randy Barcus, chief economist for Spokane-based Avista Corp., says he's more optimistic about retail sales a
Read More
—Rendering courtesy of Zeck Butler Architects PS

Bankers hope for improvement

December 18, 2008
Richard Ripley
Spokane-area bankers, whose prospects rise and fall with the regional economy, say they're peering into a clouded crystal ball as they make projections for 2009."It's probably the first time in my career that I would have to say I have no idea
Read More
—Staff photo by Jeanne Gustafson

Health care looks relatively strong

December 18, 2008
Kim Crompton
The Spokane area's health-care sector is expected to be fairly strong in 2009, with added hiring and sizable capital expenditures, although huge government budget woes have hospital executives concerned about reimbursement levels. "The issue us
Read More

Real estate said poised for rebound

December 18, 2008
Real estate industry insiders are optimistic that the relatively resilient economy here can carry the residential and commercial real estate sectors through the national recession. The residential sector is expected to bottom out here and perhaps a
Read More

Construction activity predicted to slow

December 18, 2008
Commercial construction in the Inland Northwest is likely to slow somewhat in 2009, and no significant improvement is expected in the already lagging residential-construction sector until the second half of the year at the earliest, industry here a
Read More

Jobs expected to be flat, or fall slightly in '09

December 18, 2008
David Cole
Employment in Spokane County is expected to remain flat or contract slightly next year, after falling by about 320 jobs—or just 0.1 percent—in the latest available figures for this year.Doug Tweedy, a regional labor economist here for
Read More

Hunkered down, with hope on the horizon

Industry-sector observers here expect flat year in 2009, with chance of second-half recovery
December 18, 2008
Paul Read
As one might expect given the national recession, nearly every sector of the Inland Northwest economy is expecting a challenging year in 2009. Some perspective, however, is in order. The contraction seen in most industries here hasn't been anywhere
Read More

Large-lot subdivision planned in northwest Spokane County

Moonshadow project's 10-acre homesite prices to list at about $79,000
December 18, 2008
Mike McLean
A Spokane real estate broker says he plans to develop a large-lot residential subdivision with 14 single-family homesites in northwest Spokane County.The broker, Donald Hertz, who owns Great West Properties, says he plans to sell the 10-acre to
Read More
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