Moving into 2023, major health care systems in Spokane are projecting continued financial losses while working to stabilize margins after struggling through two years of COVID-19 surges, ongoing shortages of medical personnel, and rising costs.

Financial industry representatives here say that deposit volumes are expected to decrease as consumers and businesses struggle with inflation, and many signs point to a recession developing in 2023.

The La Niña weather pattern is delivering adequate precipitation going into 2023 for some of Washington state's leading crops, some industry experts say. According to a report from Northwest Farm Credit Services, the 12-month forecast for some of

Cybersecurity, privacy and data storage, technology workforce issues, and cloud migration are among the top tech concerns businesses are expected to face in the new year, says Heather Stratford, founder and CEO of Drip7 Inc., a Spokane-based cybersecurity

Whether we're headed for a recession or a soft economic landing, little or no job growth is expected in 2023. Grant Forsyth, chief economist at Avista Corp., says employment growth started to slow early this year, and that slowdown has continued

Real estate activity in the Spokane area started off strong in 2022, and while demand is expected to remain high, affordability challenges in the new year likely will dampen industry growth for both residential and commercial markets, according to some in

Kootenai County is seeing a return to the incremental and measured growth that had been typical of North Idaho's economy over the last decade, although that growth is being challenged by labor and housing shortages, says Sam Wolkenhauer, Post Falls-base

Strong demand continues for commercial construction in the private sector, although private development is expected to slow in the new year due to ongoing labor issues and high materials prices. In 2023, public works projects likely will carry the bulk of

The Spokane economy is expected to slow and perhaps, along with the rest of the country, enter a mild recession in 2023, as inflation, elevated interest rates, and labor shortages continue to provide obstacles to economic growth.