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Latest News

Tourism industry here expected to be bolstered by weak U.S. dollar

February 26, 1997
Jeanne Gustafson
The Spokane-Coeur dAlene area is expected to reap some benefits from the weakening U.S. dollar by attracting additional foreign tourists, industry leaders here say. Spokane might not, however, surpass the banner year it has had this year, when it
Read More

Uncertainty aside, commercial-loan demand is strong

February 26, 1997
Richard Ripley
After subprime lending woes hounded the national mortgage market and hamstrung the U.S. housing industry in 2007, some uncertainty hangs over the finance sector as 2008 nears.Its really hard to tell, frankly, from my perspective whats to
Read More

Health care to stay strong, but with some bumps

February 26, 1997
Emily Proffitt
Spokanes three major hospitals say they expect robust gains next year and are drawing up plans for big expansion projects, but add that a tight labor market and declining reimbursements pose obstacles to their continued growth.We continue a
Read More

Strong sectors to keep Kootenai growth on track

February 26, 1997
Mike McLean
Despite a steep slowdown in the residential real estate market in Kootenai County, the economy there is expected to remain strong in 2008, especially in terms of commercial, retail, and tourism growth.Jonathan Coe, president and general manager
Read More

Cooler housing market, gas prices slow retail sector

February 26, 1997
Emily Proffitt
Retail sales are expected to slow a bit next year from their rapid pace of the past few years, largely in response to a cooling housing market and rising food and gas prices, industry observers here say.Spokane County and the cities of Spokane
Read More

High-tech companies expect strong revenue growth

February 26, 1997
Jeanne Gustafson
High-technology manufacturers in the Spokane area are optimistic about the industrys outlook for the coming year, citing rapidly rising revenues and increases in business from customers from outside the country and the region.Lee Tate, of
Read More

Residential real estate market may stabilize as other sectors stay hot

February 26, 1997
Mike McLean
Residential real estate sales here are expected to ebb again in 2008, though the market likely will post respectable numbers given that the declines would be from a very solid 2007, industry observers say. The outlook for the commercial market next
Read More

Contractors optimistic despite this yearÂ’s decline

February 26, 1997
Mike McLean
Contractors and industry observers here say theyre optimistic about the construction market in 2008, despite having seen building permit volumes fall sharply this year overall.Values for permits issued during the first 10 months of 2007 in of
Read More

Job growth to slow in Â’08, but not drastically

February 26, 1997
Emily Proffitt
Job growth in Spokane County is expected to soften a bit as the regional economy starts to echo the national economic slowdown, but experts here say they dont anticipate the easing to be as dramatic here as in other regions of the U.S.I see
Read More

A soft landing, with engine running

Industry-sector observers expect slower, yet still strong, economy here in 2008
February 26, 1997
Paul Read
Expect a softening next year in several of the Inland Northwests key industry sectors, but remember that any ebbing we see will be from the cresting tides of what has been a robust economy here. Gone, for now, are the record years in construction
Read More
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