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Latest News

Natasha Nellis

Gains expected in much of Inland Northwest

Industrial development, single-family home sales are top performers in '20
December 17, 2020
Natasha Nellis
Real estate in Spokane stayed surprisingly strong in most sectors through the pandemic, say industry observers here, with home sales and commercial real estate investment, particularly in industrial space, seeing strong growth. Rob Higgins, executive
Read More
PotlatchDeltic Corp.

Wood products pricing volatility likely to persist

Pandemic-related supply constraints likely in new year
December 17, 2020
Virginia Thomas
A year marked by high demand, supply constraints, and mercurial commodities pricing likely will lead to continued volatility for at least the first half of 2021, some wood products industry observers say. Joel White, executive officer of the Spokane Home
Read More
Kevin Blocker

Health care system to continue to be challenged

Medical facilities here incurring COVID-19 costs while swarmed with patients
December 17, 2020
Kevin Blocker
While Washington state officials say the first COVID-19 vaccinations will be available to select groups of residents this month, local health care officials say there will continue to be areas of uncertainty heading into next year.
Read More
Natasha Nellis

Construction activity likely to be strong in 2021

Labor, supply shortages kneecap builders' efforts to meet high demand
December 17, 2020
Natasha Nellis
The 2020 construction season got off to a slow start because of pandemic-induced restrictions. Overall, though, industry observers here say the season finished better than expected, and 2021 is expected to even better. About $30 million in public work
Read More
Virginia Thomas

Q&A with Economist Vange Ocasio Hochheimer

Associate professor of economics at Whitworth University
December 17, 2020
Virginia Thomas
Vange Ocasio Hochheimer teaches economics at Whitworth University, but the roots she's put down in Spokane over the past decade extend beyond the university's campus. Ocasio Hochheimer spent much of her childhood in Puerto Rico. As an adult, she
Read More

2021 could usher in economic reset

For some, hopes hinge on vaccine, stimulus bill
December 17, 2020
Mike McLean
While our previous decade-long ascending economy took an abrupt nosedive in 2020, prognosticators among many economic sectors are looking up for 2021. The extent of their optimism, however, hinges on the rollout of COVID-19 vaccines, or congressional
Read More
Kevin Blocker

Beer Here: Entrepreneurs seek to capitalize on love of suds in coronavirus era

Keg manufacturer gears up; delivery service takes off
December 17, 2020
Kevin Blocker
Tim Loucks and Tyler Cossey have never met, but the two Eastern Washington University business school alums have something in common: They're trying to find their riches in beer. Loucks, 42, is looking to innovate keg storage of brews, and Cossey
Read More

Spokane-area businesses received $786M in PPP loans

Lenders: Most borrowers haven't yet submitted loan-forgiveness requests
December 17, 2020
Virginia Thomas
More than $786 million went to 6,755 businesses in Spokane County through the federal Paycheck Protection Program, according to detailed data released earlier this month by the U.S. Small Business Administration. The disclosure comes after several
Read More

Bellingham investor acquires portion of Village at Riverstone

Purchase includes 93K square feet in three buildings
December 10, 2020
Natasha Nellis
A Bellingham, Washington-based real estate investment company has bought the 93,000-square-foot commercial portion of the mixed-use Village at Riverstone, in Coeur d'Alene. The company, All Terr LLC, purchased the property from Coeur d'Alene-based Id
Read More

Business owners should heed priorities next year

Resilience marks 2020, vigilance vital for 2021
December 3, 2020
Jamie Hudson
With a year of economic disruption and upheaval almost in the books, it's clear Spokane businesses already have done much to adjust to the pandemic and plan for the future. Yet staying competitive in the year ahead will require continued vigilance
Read More
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