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Latest News

Dollar Fulfillment purchase land in Post Falls

E-commerce company buys parcel adjacent to site for NanaMacs
December 19, 2019
Natasha Nellis
Hayden-based ecommerce fulfillment company Dollar Fulfillment has purchased 5 acres of land in the Bighorn Industrial Park, just off Hargrave Avenue in west Post Falls. Founder and CEO Jason Macek declines to comment on plans for the newly acquired land.
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Sanctions against Venezuela hit Gold Reserve hard

Sanctions block company from its operations there
December 19, 2019
Mike McLean
A cloud of uncertainty once again hangs over Gold Reserve Inc., a Canadian mining company with executive offices in Spokane. A quarterly earnings report the company released last month claims a recent escalation of international sanctions bars Gold
Read More

Construction sector could see modest easing next year

Labor shortages persist, as does uncertainty about effects of I-976
December 19, 2019
Natasha Nellis
Cheryl Stewart contends that 2020 will be another strong year for the commercial construction industry, albeit not as strong as 2019. 'Everybody is sitting back watching for a recession,” says Stewart, executive director of the Inland Northwest
Read More

Inland Northwest tourism growth likely to remain steady in 2020

March Madness, recurring events to bring in $65M
December 19, 2019
Virginia Thomas
Tourism in Spokane has been riding a wave of growth, and industry experts here say they expect the trend to continue in 2020, albeit at a more measured pace. Matt Jensen, corporate director of sales and marketing for the Davenport Hotel Collection, says
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Spokane real estate activity in 2020 to mirror '19

Demand for office space expected to increase
December 19, 2019
Natasha Nellis
Sales of single-family homes and condos are expected to slow even more in the coming year as supply continues to lag behind demand, say area experts. Rob Higgins, executive vice president of the Spokane Association of Realtors, expects the real estate
Read More

Teetering on the edge of a tech revolution

Corporation competition challenges new tech
December 19, 2019
Natasha Nellis
Mark Michaelis, CEO of Spokane-based software company IntelliTect, contends a growing number of emerging exponential technologies -- those that can double in capability or performance, or reduce costs by half within a short time frame -- leads him to
Read More

Journal seeks nominations for its annual Icons event

Event honoring business legends set for March 26
December 19, 2019
Journal of Business Staff
The Journal of Business has begun accepting nominations for its second annual Icons awards, which recognize legends of the Inland Northwest business community. Former Spokane-area businesspeople who are chosen to receive the awards will be recognized at
Read More

Momentum in Kootenai County expected to carry into 2020

Significant projects planned or underway help sustain economy
December 19, 2019
Mike McLean
Momentum from a decade of economic growth in Kootenai County is expected to carry over into 2020 with a mix of developments recently underway or planned for the coming year. The Coeur d'Alene City Council last month approved an urban renewal plan and
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Spokane economists predict 1.5% employment growth

Concerns persist about a deceleration this year
December 19, 2019
Linn Parish
After respectable – albeit slower – gains in employment this year, Spokane-area economists are projecting up to 1.5% growth in jobs next year. That would equate to roughly 3,000 new jobs in the Spokane Metropolitan Statistical Area in 2020, which
Read More

2020 Economic Outlook: Long economic roll could start to slow

~
December 19, 2019
Mike McLean
Although the current decade of economic expansion still appears to have some momentum rolling into 2020, prognosticators here are expecting a slowdown in growth in major economic sectors. Spokane-area economists are projecting up to 1.5% growth in jobs
Read More
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