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Latest News

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
Read More

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
Read More

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

Q&A with Vanessa Behan Crisis Nursery's Amy Knapton Vega

Vanessa Behan Crisis Nursery executive director
December 19, 2019
Virginia Thomas
Amy Knapton Vega has been executive director of the Vanessa Behan Crisis Nursery for about 13 years. The nonprofit organization, named for a Spokane two-year-old who died in 1982 due to injuries from child abuse, has been serving children at risk of abuse
Read More

Plans for River Bend waterfront complex expanded

Scope grows, value totals $45M, documents show
December 19, 2019
Natasha Nellis
Sagamore Capital has doubled the scope of its planned River Bend waterfront multifamily community in Spokane's University District, with the addition of two multifamily housing buildings to the plans. A representative of the Phoenix-based development
Read More
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