Spokane Journal of Business

Special Report

Row homes planned in Peaceful Valley neighborhood

A piece of land nestled in a quiet corner of Peaceful Valley is being eyed for a $2 million residential development, says Richard Palmer, owner of Palmer Enterprises LLC. Palmer says he’s in talks with a few developers and designers about residential...

Outdoor storage yard planned on West Plains

Pacific Land Holdings LLC, of Everett, Washington, plans this spring to build an outdoor recreational vehicle and automobile storage yard, to be located at 12032 W. 21st, in Airway Heights. Environmental documents show commercial buildings totaling 90...

City to put $9.9 million toward pedestrian-related projects

The city of Spokane is planning about $9.9 million in sidewalk and traffic-calming projects throughout the city this year, says Marlene Feist, Spokane’s director of public works. Seven sidewalk projects are valued at $6.3 million and about a dozen...

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2023 Economic Outlook: Many sectors brace for slower economy

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. ...

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Public works to outpace private projects in Spokane

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...

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Kootenai County rebound faces labor, housing challenges

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...

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Real estate sales forecast dampens in INW

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...

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Mild recession likely would restrain job growth

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 ...

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Cybersecurity, workforce top concerns for tech

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...

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Positive early outlook projected for Washington’s ag industry

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 ...

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