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Latest News

Slower retail growth likely in post-stimulus economy

Federal assistance helped sales soar in early 2021
December 16, 2021
Karina Elias
Retail sales for Spokane County and the state of Washington soared this year, but slower growth is expected in 2022, says Patrick Jones, executive director at the Institute of Public Policy and Economic Analysis at Eastern Washington University.
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Health care systems brace for unknowns in new year

Lessons learned early in pandemic reducing ongoing fiscal impact
December 16, 2021
Karina Elias
It has been another financially volatile year for the health care industry in Spokane. With the discovery of the omicron variant, there are still too many unknowns to forecast what is in store for hospitals in 2022, say health care officials.
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INW job growth expected to build upon 2021's gains

National, international factors threaten to slow employment demand, though, some here say
December 16, 2021
Linn Parish
Inland Northwest employers regained the jobs they shed during the pandemic-induced recession and are likely to build upon those gains in 2022, Spokane economists say. The Spokane-Spokane Valley metropolitan area had 260,000 jobs in October, the most
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Cyberattack threats likely to increase in new year

Focus on digital security anticipated in tech sector
December 16, 2021
Erica Bullock
Cyberattacks and data breaches likely will increase in 2022, warns Heather Stratford, CEO of Stronger International Inc. 'Cybersecurity remains one of the hottest and most important issues for any executive team to tackle in 2021, and 2022 will see
Read More
Erica Bullock

Busy construction season projected for new year

Scarcity of some materials, workforce challenges could slow activity, observers say
December 16, 2021
Erica Bullock
The commercial construction sector had a strong start in 2021, and the 2022 construction season will bring continued growth of warehouses, manufacturing, and distribution centers, industry observers here say. Cheryl Stewart, executive director of the
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RiverBank names new CEO

Wilson promoted from chief banking officer at bank in U District
December 16, 2021
Staff Report
Spokane-based RiverBank Holding Co., the parent company of RiverBank, has named Michael F. Wilson as its new CEO. Wilson succeeds Mark Dresback, who died unexpectedly on Nov. 4. Wilson, who most recently served as chief banking officer at RiverBank
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HMA CPA acquires Kavadias accounting

Firm working out of two offices with plans to seek single, combined space
December 16, 2021
Mike McLean
Spokane accounting firm HMA CPA PS has acquired a smaller Spokane firm, Kavadias Group PLLC, and the combined firms will operate under the HMA name, says shareholder Kevin Sell. In the transaction, HMA has brought on all eight staff members from
Read More
Virginia Thomas

Restaurateur pitches baseball-themed eatery in Spokane Valley

Hark's Clubhouse opens in Pinecroft Business Park
December 16, 2021
Virginia Thomas
The owner of downtown bar Cease & Desist Book Club has opened a baseball-themed restaurant in the Pinecroft Business Park, in Spokane Valley. Bryan Harkey opened Hark's Clubhouse Nov. 7 at 12709 E. Mirabeau Parkway, in the 1,500-square-foot former Sams
Read More
Karina Elias

Parting Thoughts with Providence's Peg Currie

Chief executive, Providence Sacred Heart
December 16, 2021
Karina Elias
Peg Currie, chief executive of Providence Sacred Heart Medical Center & Children's Hospital and chief operating officer of Providence Inland Northwest Washington, is retiring at the end of next month. Currie is capping a 40-year health care career.
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Most sectors of Inland Northwest economy are rebounding well

Activity to be at, above pre-pandemic levels in 2022, some expect
December 16, 2021
Mike McLean
Most business sectors in the Spokane-Coeur d'Alene area are growing, and some are approaching recovery beyond pre-pandemic levels as we enter the new year. Job numbers in both Spokane and Kootenai counties now are exceeding pre-pandemic levels, althoug
Read More
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