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Latest News

Miners hope for turnaround

December 18, 2008
Paul Read
What a difference a year makes, unfortunately for the mining industry. Last year at this time, mining executives were giddy, with metals prices rising, demand soaring, and enough capital available to fuel aggressive exploration and then, prices and
Read More

Lumber makers foresee further price declines

December 18, 2008
David Cole
The lumber industry has been hammered this year, and a downturn in demand that has hurt the industry likely will persist for another year, until the U.S. economy and the nation's housing market improve, industry representatives say.Shawn Church,
Read More

Farmers looking for good yields, higher prices

December 18, 2008
Jeanne Gustafson
Agricultural industry observers here say there's a bit of trepidation in the air concerning 2009, following a year that saw both prices and yields drop for wheat, dried peas, lentils, and chickpeas, all among the Inland Northwest's primary will be
Read More
Photo courtesy of the Spokane Regional Sports Commission

Soft year expected for tourism

December 18, 2008
Jeanne Gustafson
Tourism is expected to slow further in Spokane and North Idaho in the coming year, though event bookings remain strong, observers say.Harry Sladich, president and CEO of the Spokane Regional Convention and Visitors Bureau, says a downward trend
Read More

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
Read More

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
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