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Special Report

HifumiEnApartments_2_web.jpg

$30 million senior, disabled housing expansion planned in Perry District

Hifumi En Apartments will grow to 88 units in multiphase project
January 18, 2024
Karina Elias

The Spokane Housing Authority plans to replace the 41-unit, two-story Hifumi En Apartments in the South Perry District with a new, 88-unit complex for elderly and disabled seniors.


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Health Care.jpg

Financial woes continue for health care systems

Medicaid increase to improve revenue in 2024
December 21, 2023
Dylan Harris

The Inland Northwest’s two largest health care providers—Providence and MultiCare Health System—both are projected to continue operating at losses in 2024, although representatives of each expect margins to improve.


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Finance.jpg

Slower rate of growth anticipated for Spokane-area financial institutions

Deposits, loan demand have declined industrywide
December 21, 2023
Karina Elias

Most financial institutions, including banks and credit unions, will continue to see a slowdown in deposits with overall negative growth in 2024.


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Agriculture.jpg

Agricultural outlook is uncertain for 2024

Inflation, interest rates, dry weather impacting farmers
December 21, 2023
Karina Elias

Crops planned for 2024 have had a dry start this fall, creating a need for winter and spring precipitation to improve conditions.


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Slight increase forecasted for INW tourism in '24

Expo '74 anniversary, comedy festival expected to be big draws next year
December 21, 2023
Dylan Harris

Following a relatively down year in 2023, Spokane's tourism sector is expected to see some growth in the coming year.


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Construction.jpg

Labor issues contribute to construction slowdown

Single-family permits declined along with total units in 2023
December 21, 2023
Erica Bullock

Insufficient labor availability, declining building permit totals, and high building costs have been major factors contributing to a slowdown of Spokane-area construction this year.


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Kootenai County said resilient in challenging times

Population, job growth expected to remain steady
December 21, 2023
Mike McLean

Kootenai County’s economy continued to plot a steady path of growth in 2023 and faces a favorable outcome in the coming year.


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Mining.jpg

Mining activity expected to increase in North Idaho

Idaho Strategic expects another profitable year; production to resume at Hecla's Lucky Friday
December 21, 2023
Mike McLean

Reports from mining companies in North Idaho suggest activities will increase in 2024.


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Retail.jpg

Retail sales expected to continue to decelerate in Spokane

Strong labor market may buoy purchasing power
December 21, 2023
Karina Elias

Retail sales in Spokane are expected to continue to decelerate in 2024, yet remain buoyed by the economy's strong labor market.


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Wood.jpg

Demand, prices for wood expected to increase in INW

Interest rates to play key role in lumber industry performance
December 21, 2023
Dylan Harris

Demand for wood products is expected to increase in 2024 by 3% to 4%.


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