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Latest News

Rising rates to widen bank's net margins

Dynamic could hamper lending demand, though
April 7, 2022
Virginia Thomas
Anticipated federal funds interest rate hikes are expected to foster an environment of growth and diversified investment among banks. One of the key ways in which banks make money is through interest rates on funds the banks loan.
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Digital mortgages increase in INW

Advances lead to quicker decisions for borrowers, more accurate apps
April 7, 2022
Erica Bullock
Some lenders in Spokane County have experienced an increased volume of digitally initiated mortgage applications since the onset of the pandemic, though not all attribute the shift to COVID-era behavior changes.
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Value Village store planned at former Hastings site

North Side location has been mostly vacant since 2016
April 7, 2022
Virginia Thomas
A Value Village thrift store will occupy the former Hastings music and bookstore space at 1704 W. Wellesley, near Shadle Park High School on Spokane's North Side. A sign permit filed with the city on March 23 calls for four illuminated Value Village
Read More
Karina Elias

Parting Thoughts with Rockin' B Ranch's Pamela and Scott Brownlee

~
April 7, 2022
Karina Elias
Pamela and Scott Brownlee, hosts of the Cowboy Supper Show at Rockin' B Ranch, are stepping back after 28 years of serving and entertaining the local community at their barn and home located along Idaho Road, on the Washington side of the
Read More
Erica Bullock

Retirement home occupancy rates near pre-pandemic levels

Some INW complexes never saw a dip in demand
April 7, 2022
Erica Bullock
Occupancy rates at some Spokane retirement complexes are keeping pace with national trends, which are steadily approaching pre-pandemic levels of occupancy, according to retirement home executives here.
Read More

Union participation rate grows in Spokane

Growth outpaces U.S., remains lower than state level, data show
April 7, 2022
Karina Elias
The union participation rate in the Spokane-Coeur d'Alene area trails Washington state, but outpaces the nation as a whole, according to recently released data. At all levels, the rate of unionized workers has grown during the pandemic. In the Spoka
Read More

War and Wheat: Grain prices rise as Russia's invasion of Ukraine persists

Costs also increase as conflict complicates international trade
April 7, 2022
Virginia Thomas
Russia's invasion of Ukraine has boosted prices for wheat, benefitting Inland Northwest farmers. Potential profits, however, are threatened by increases in growing costs, agricultural experts here say.
Read More
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Journal names its 2022 class of Business Icons

In-person event scheduled for May 4
March 30, 2022
Journal of Business Staff
The Journal of Business has selected its 2022 class of Business Icons, who will the honored at an in-person event on May 4.
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NAC Architecture

Kootenai heart center expands

$37.3 million addition expected to be complete in the summer of 2023
March 24, 2022
Linn Parish
Work is underway on a $37.3 million expansion at Kootenai Health's primary hospital campus in Coeur d'Alene. The three-story, 21,000-square-foot addition will house an expansion of the hospital's heart center, which will grow to 13 operating rooms
Read More

Jubilant HollisterStier expansion moves ahead

Pharmaceutical maker expects to increase its facility's capacity by 50%
March 24, 2022
Linn Parish
Pharmaceutical manufacturing and packaging company Jubilant HollisterStier has started a $92 million expansion of its plant in east Spokane. Lydig Construction Inc., of Spokane Valley, is the general contractor on the project, which involves adding
Read More
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