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Spokane Journal of Business
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Relating to: 2022 Economic Outlook

Most sectors of Inland Northwest economy are rebounding well

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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...

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Busy construction season projected for new year

The commercial construction sector had a strong start in 2021, and the 2022 construction season ...

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Cyberattack threats likely to increase in new year

Cyberattacks and data breaches likely will increase in 2022, warns Heather Stratford, CEO of ...

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INW job growth expected to build upon 2021’s gains

Inland Northwest employers regained the jobs they shed during the pandemic-induced recession and are...

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Health care systems brace for unknowns in new year

It has been another financially volatile year for the health care industry in Spokane. With the ...

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Slower retail growth likely in post-stimulus economy

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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INW financial institutions are optimistic for strong 2022

Financial industry experts here say 2021 has been stronger than many institutions had expected, and that momentum could carry into 2022, especially if the Federal Reserve raises interest rates. Steve Scranton, chief investment officer and economist at ...

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Strong real estate demand is expected to continue

Demand for real estate in the Spokane-area market is expected to remain high in 2022, according to real estate industry leaders here. The number of single-family homes sold through this November is 1.3% ahead of sales through the first 11 months of 2020...

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Tourism recovery expected to accelerate in 2022

Tourism in the Spokane region is expected to roar back in 2022 following two muffled years due to the COVID-19 pandemic. Eric Sawyer, president and CEO of Spokane Sports Commission, says sports tourism in 2022 could exceed 2019 goals....

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Kootenai County hopes to maintain its momentum

Momentum from a decade of strong growth in North Idaho is enabling the region to continue its rapid recovery from the pandemic-induced recession of 2020, claims Sam Wolkenhauer, Post Falls-based regional labor economist for the Idaho Department of Labor. ...

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