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Banking & Finance

—Staff photo by Kim Crompton

Regional tourism industry expects strong business next year

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December 19, 2013
Katie Ross
Spokane tourism officials are optimistic that visitor numbers and expenditures will increase in 2014, including among those here for conventions, sports events, and leisure travel. Cheryl Kilday, president and CEO of Visit Spokane, says that organizatio
Read More
—Staff photo by Mike McLean

Health care, manufacturing lead North Idaho rebound

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December 19, 2013
Mike McLean
Health care, manufacturing, tourism, and real estate are among current growth industries in Kootenai County that are expected to continue to improve in the new year, sources in North Idaho say. Alivia Metts, Post Falls-based regional labor economist for
Read More

Spokane-area financial institutions foresee stronger demand for loans

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December 19, 2013
Katie Ross
Financial institutions are projecting solid loan growth and continued low interest rates for 2014, bank executives here say. Peter F. Stanton, chairman and CEO of Washington Trust Bank, says he expects that Spokane-based institution to see 7 percent to
Read More

Despite uncertainties, health care sector executives are optimistic

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December 19, 2013
Kim Crompton
Health care executives appear mostly upbeat about the vitality of that sector here in the coming year, despite continuing national uncertainty related to the implementation of the federal Affordable Care Act. 'We're going to continue to be really in
Read More

As prices fall, mining industry waits for demand to rebound

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December 19, 2013
Treva Lind
With a significant decline in metal prices during 2013, mining companies are cutting costs and focusing on their most promising properties for next year. Laura Skaer, executive director of Spokane-based American Exploration & Mining Association, formerly
Read More
—Staff photo by Treva Lind

Inland Northwest timber industry expects steady recovery in coming year

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December 19, 2013
Treva Lind
The wood products sector is expecting continued, steady improvement next year, largely due to anticipated ongoing recovery in the U.S. housing market, industry observers say. Shawn Church, editor of Eugene, Ore.-based Random Lengths, a publication that t
Read More
—Staff photo by Mike McLean

Spokane-area builders optimistic about sustained growth

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December 19, 2013
Mike McLean
Following an upswing in building activity here in 2013, some construction industry observers are optimistic that forward momentum will carry through the coming year. Jan Quintrall, director of business and development services for the city of Spokane, sa
Read More

Spokane-area real estate comeback is expected to stay on track for third year

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December 19, 2013
Mike McLean
In one of the brighter real estate sectors, Spokane-area residential sales improved for the second consecutive year in 2013, and Ken Lewis, owner of Spokane Valley-based Prudential Spokane Real Estate, says he expects the spring of 2014 to be the best spr
Read More

Jobs to continue to grow here, though possibly at slower rate

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December 19, 2013
Linn Parish
The rate of growth, however, might not keep pace with this year, says Grant Forsyth, regional labor economist for Spokane-based Avista Corp. He's projecting a 1.5 percent increase in employment next year in Spokane and Kootenai counties, which would be
Read More

Inland Northwest economy continues to make positive strides

While some industries face challenges, others report return to prerecession levels
December 19, 2013
Linn Parish
In some sectors of the Inland Northwest economy, activity levels are returning to prerecession levels, welcome news that comes none too soon for economic observers. In overall employment, Spokane-area economists are expecting job growth next year, though
Read More
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