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Latest News

—Hi-Rel Laboratories

Hi-Rel Laboratories helps with NASA's Artemis launch

Company provides component testing for deep space flights
December 1, 2022
Erica Bullock
Spokane-based Hi-Rel Laboratories Inc., an electronic testing company, is one of 42 companies in Washington state working to support NASA's Artemis program, says company President Trevor Devaney.
Read More
—Mt. Spokane Ski & Snowboard Park

It's blue bird beginnings to the ski season in the INW

Early start could lead to extended seasons
December 1, 2022
Erica Bullock
A mix of cold temperatures and early snowfall has regional ski resort operators looking forward to a busy season. A La Niña winter forecast is raising expectations for colder and stormier than average conditions across the U.S. that also may help
Read More

Witherspoon Kelley to be acquired by Boise firm

138-year-old firm to become part of Hawley Troxell
November 17, 2022
Virginia Thomas
Witherspoon Kelley, the 138-year-old Spokane law firm, is being acquired by Hawley Troxell as the Boise-based firm enters the Inland Northwest market.
Read More

Data shows link between labor shortage, long COVID

Number of individuals in state with a disability have increased; share of cognitive disability is large
November 17, 2022
Vange Hochheimer
It has been a little over two years since the Covid-19 pandemic afflicted the U.S. According to the Centers for Disease Control and Prevention, as of October 2022, daily cases reached over 97 million and deaths surpassed one million. Despite the
Read More

Worker shortage has no simple answers

Employers will need to rethink what 'workplace' means, re-engage employees
November 17, 2022
Doug Tweedy
The number one question from employers is about worker supply. Major industries in Spokane are impacted by worker shortages. Where are the workers? The reasons are many. Workers are retiring and childcare is a concern.
Read More

Recession risk is high by end of 2023

But by planning ahead and being ready, you can manage the downturn and see opportunities
November 17, 2022
Steve Scranton
To use a weather analogy, I believe we are under a 'recession warning” as the Federal Reserve continues its aggressive interest rate increases. I now believe that the risk is high that the economy will be in a recession before the end of 2023.
Read More

Region has strengths, but expect some bumps

Slower but persistent inflation, stagnating GDP, strain on consumer spending all possible in 2023
November 17, 2022
Shaun O'L. Higgins
Comedian Gilda Radner's character Roseanne Roseannadanna used to say in the face of problems 'it's always something.” Certainly, this year, something always seemed to be roiling the economic waters, which are unlikely to calm in 2023.
Read More

On all fronts, think slower increases in 2023

Although housing inflation will slow, big price deflation like in 2008-2009 seems unlikely
November 17, 2022
Grant Forsyth
At this time last year, there was hope that 2022 would ring in more predictable economic activity in the U.S. and Inland Northwest. Sadly, it was not to be so. The disruptions started by the pandemic, notably the labor market and supply chain disruptions,
Read More

Of shocks, replays and mistakes

The risks are on the downside, with a year of 1% or less growth likely
November 17, 2022
John Mitchell
One year ago, the unemployment rate had fallen to near 4%, output was at record levels, but the inflation rate was blasting through 7%, causing the Federal Reserve to begin to slow its purchases of securities.
Read More

Offering wellness tools can help retain employees

Workers feel stressed by economic conditions
November 17, 2022
Kurt Walsdorf
As labor shortages continue to impact companies across industries, businesses are shifting their focus to employee retention. According to Bank of America's recent Workplace Benefits Report, 46% of
Read More
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