Category Archives: Economic Roundup

Around Idaho: Economic activity, June 2025

Information provided in these news updates is collected up until the end of June and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

Kootenai County

Coeur d’Alene Ironman was held on Sunday, June 22. The 70.3-mile triathlon, which has become a fixture summer event in Coeur d’Alene, drew more than 1,000 athletes to northern Idaho this year. Source: Coeur d’Alene Press
A new retail center in Coeur d’Alene is nearing completion and has begun announcing tenants. A Five Guys restaurant and EyeMart Express will anchor the new Heritage Square on U.S. 95 in northern Coeur d’Alene. The property has additional retail spaces available, with Five Guys set to open in July. Source: Coeur d’Alene Press
The Post Falls City Council approved a construction improvement agreement for a 148-lot subdivision in northern Post Falls. The project, dubbed Crown Reserve, will be located north of the Crown Pointe Subdivision and will require significant infrastructure improvements. No timeline has been published for construction. Source: Coeur d’Alene Press

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Around Idaho: Economic activity, May 2025

Information provided in these news updates is collected up until the end of May and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

Kootenai County

North Idaho College’s (NIC) trustees voted unanimously to bring forward a $58.9 million budget for fiscal year 2026 which includes the college’s first tuition increase since 2019. The budget proposal includes a tuition increase of $5.50 per credit for in-district students and $6 per credit for all other students. The budget proposal would shrink NIC’s budget deficit from $5.2 million in fiscal year 2025 to $1.2 million in the upcoming fiscal year. Even with the proposed tuition increase, NIC’s tuition rates would remain tied with the College of Southern Idaho, which is the lowest in the state. Source: Coeur d’Alene Press
School levies in Post Falls and Lakeland School District passed with 62% and 66% support, respectively. Post Falls passed a $5.9 million per year supplemental levy which will support extracurriculars, school safety measures, staff salaries andother items. Lakeland passed a $7.5 million per year supplemental levy. Source: Coeur d’Alene Press
The Post Falls City Council approved a $11.7 million project to design and build a new public works operations center. The new facility will eventually house the city’s streets, water operations and utility divisions. Source: Coeur d’Alene Press

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Around Idaho: Economic activity, April 2025

Information provided in these news updates is collected up until the end of April and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

Kootenai County

Hagadone Hospitality broke ground on the new Sherman Tower, which will be a 15-story expansion of the Coeur d’Alene Resort. The tower will feature 139 guest rooms in addition to nearly 10,000 square feet of restaurant, retail and office space. The opening is scheduled for the spring of 2027. Source: Coeur d’Alene Press
Two new hotels are under construction in Kootenai County. In Coeur d’Alene, a Marriott-branded AC Hotel is now under construction, which will have 126 guest rooms and open in 2027. Work was previously underway on a 151-room Hyatt Place Hotel in Post Falls, which will open in December. Source: Journal of Business
The developers of the new Thomas George luxury high-rise condominium tower in Coeur d’Alene announced that construction is scheduled for completion this year, with residents moving in by years’ end. The top floors of the 80-unit, 18 story tower have been poured. Source: Journal of Business

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Around Idaho: Economic activity, January 2025

Information provided in these news updates is collected up until the end of January and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

A joint Spokane-Coeur d’Alene aerospace tech hub has received $48 million in federal funding from the U.S. Department of Commerce. A consortium made up of more than 50 public and private sector organizations in Spokane and northern Idaho, including labor and workforce organizations, local governments, educational institutions and manufacturers applied for a first round of federal funding for the tech hub. The organizations failed to make the initial list of 12 projects to be funded in the first round. However, the Spokane-Coeur d’Alene tech hub was among the six projects selected for funding in the second round. Source: Journal of Business
Despite a relatively snowless and warm winter at lower elevations, significant precipitation in northern Idaho is expected to end the region’s two-year drought. According to the Idaho Department of Water Resources, the mountain snow water equivalent was 135% of normal in the northern Panhandle. After two years of significant drought, the ongoing wet winter is expected to bring an end to drought conditions. Source: Coeur d’Alene Press

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Around Idaho: Economic activity, December 2024

Information provided in these news updates is collected up until the end of December and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

Bonner County

An application for a large industrial facility in northern Sandpoint is under review by the city’s Planning and Zoning Commission. Although the operator of the proposed facility has not been announced yet, the traffic impact study for the project indicates a 25,500 square foot facility which would employ roughly 150 people. Source: Coeur d’Alene Press

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Around Idaho: Economic activity, November 2024

Information provided in these news updates is collected up until the end of November and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional news

Kootenai County

The North Point Plaza development is under construction on Highway 41 north of Post Falls. Early tenants will include a 7-Eleven opening December and a Grocery Outlet store in early 2025. Four additional parcels are available for tenants. Source: Coeur d’Alene Press
A new Indigo Urgent Care is under construction in Hayden. Indigo currently operates a network of Urgent Cares across the inland northwest, including in Coeur d’Alene. Source: Coeur d’Alene Press
A mixed used building named the “Nonna” building is under development in Post Falls, with commercial space on the ground floor and 33 apartments on the upper three floors. Source: Coeur d’Alene Press

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Around Idaho: Economic Activity, October 2024

Information provided in these news updates is collected up until the end of October and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Regional labor market information

Labor demand in northern Idaho remained stable in September, with a total of 1,860 unique job postings in the region – a slight decline from 1,923 in August. The unemployment rate decreased slightly this month from 4.9% to 4.8%, increasing by 0.7% from September 2023. Overall, total employment has increased slightly over the last year.

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Around Idaho: Economic activity, September 2024

Information provided in these news updates is collected up until the end of September and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Region

Labor demand in northern Idaho remained stable in August 2024, with a total of 1,923 unique job postings in the region – a slight decline from 2,043 in July. The unemployment rate rose slightly in August from 4.8% to 4.9%, increasing by 0.8% from August of last year. Overall, total employment has increased slightly over the last year.

Region News

Bonner County

The Idaho Department of Lands auctioned off eight (now-former) endowment lots on Priest Lake, netting more than $11.4 million, which was more than $500,000 above the appraised value of the lots. Source: Bonner County Daily Bee

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Around Idaho: Economic activity, August 2024

Information provided in these news updates is collected up until the end of August and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Region

Labor demand in northern Idaho remained stable in July 2024, with a total of 2,043 unique job postings in the region – an uptick from 1,889 in June. The unemployment rate rose slightly in July from 4.6% to 4.8%, increasing by a full percentage point from July 2023. Overall, total employment has decreased slightly over the last year.

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Around Idaho: Economic activity, July 2024

Information provided in these news updates is collected up until the end of July and includes professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North central Idaho
Southwestern Idaho
South central Idaho
Southeastern Idaho
Eastern Idaho

NORTHERN IDAHO

Benewah, Bonner, Boundary, Kootenai and Shoshone counties

Region

Labor demand in northern Idaho remained stable in June, 2024, with a total of 1,889 unique job postings in the region – a slight uptick from 1,879 in May. While job postings remained mostly unchanged, they came from a larger variety of employers, with 659 different employers posting jobs in June compared to 560 in May. The unemployment rate rose slightly in June from 4.4% to 4.6%. Overall, both total employment and the total labor force in northern Idaho remained slightly higher in June 2024 than in June 2023.

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