The Washington State Department of Transportation has roughly $130 million worth of unfunded right-of-way land purchases yet to complete, aside from far larger remaining construction costs, before it can finish the North Spokane Corridor, says Al
Construction spending dipped from October to November, but resolution of the uncertainty regarding federal taxes for 2013 should unleash more private construction investment, according to an analysis of new federal data released this month by the a
Title companies expect to see continued business growth in the Spokane-Coeur d'Alene area on the heels of a turnaround year that followed a protracted market decline, sources here say.Anthony Carollo, president of Stewart Title of Spokane Inc.,
The wood products market is showing signs of recovery in the coming year, due in part to an uptick in new home construction in the second half of 2012.Shawn Church, editor of Eugene, Ore.-based Random Lengths, a publication that tracks lumber 34
Most agricultural producers in the Inland Northwest had a strong year that will spill over into 2013, including a successful wheat crop and high wheat pricesand a trend toward growing more chick peas to meet consumer demand.However, face a
Both retail sales and lease activity are expected to show moderate increases next year, although continued growth in consumer spending in 2013 will rely heavily on avoiding the fiscal cliff, experts say.Bryn West, general manager for River Park
With big cities drawing away convention and meeting traffic, tourism is expected to dip here next year, although sports-related travel shows promise, officials say.Since 2009, Visit Spokane has projected 2013 to be a slow meeting year, says the
While financial institutions have experienced better results this year, bankers here remain somewhat cautious, expecting slow, steady growth to occur again in 2013.Overall, banking industry leaders cite definite bright spots this year, such as a
The Inland Northwest health care sector faces perhaps more uncertainty and change in the coming year than any other industry sector here, as it prepares for broad implementation of the federal Affordable Care Act in 2014. Industry executives who
Manufacturing, health care, and tourism will help sustain economic growth in Kootenai County, and the residential real estate market will continue its modest rebound, observers of the economy there say.The October unemployment rate was 8.7 in in