Tag Archives: economic activity in Idaho

Around Idaho: Economic Activity in January 2020

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone Counties

Kootenai County

  • Aspen Homes & Development has begun construction on a 20-unit apartment complex in Coeur d’Alene. The units will be roughly 1,200 square feet and priced around $1,400 per month. Source: Journal of Business
  • Idaho’s first “Holistic Chamber of Commerce” has opened in Post Falls. The chamber will target specifically environmentally friendly companies, ideas and products, with the self-described mission of representing “holistic professionals, practitioners, businesses and resource providers.” Source: Coeur d’Alene Press
  • Mainstream Electric, an electric, heating, cooling and plumbing company, is vacating its facility in Post Falls and moving its operations across the Washington border. The company, which employs 42 people, experienced 94 percent growth between 2015 and 2018, and has outgrown its space in northern Idaho. Source: Coeur d’Alene Press

Shoshone County

  • Hecla Mining Company and miners of the United Steelworkers Union 5114 have agreed to a new labor contract, ending a strike lasting 1,030 days. Hecla plans to bring workers back in phases and hopes to bring the Lucky Friday mine back up to full production this year. Source: Shoshone News-Press

Openings

    • Coeur Climbing in Coeur d’Alene.
    • Stillano Gelato in Coeur d’Alene.
    • Cock-A-Doodle Brew in Coeur d’Alene.
    • The Paint Buzz in Dalton Gardens.

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Census of Agriculture Highlights South Central Idaho’s Shifting Farm Picture

The number of farming operations and the acres of land under farm production in the U.S. peaked in 1935, trending downward since except for a slight uptick from 2012 to 2017. But in south central Idaho, the number of acres in farming is stable and even experienced some growth since the 2007 recession, according to the most recent Census of Agriculture, a survey conducted every five years by the U.S. Department of Agriculture’s National Agricultural Statistics Service (NASS).

The Census of Ag is comprehensive across geographies, providing data on the nation, the 50 states and counties within each state. Data is gathered from surveys mailed to farmers and ranchers with thousands of acres and hobby farmers who only sell a couple of steers annually to friends and family.

The Census of Ag provides the only source of uniform, comprehensive, and impartial agriculture data for every county in the nation. This data is also a ‘go-to’ for those who serve farmers and rural communities including federal, state and local governments, agribusinesses, trade associations, and agricultural support companies.

The NASS definition of a farm is any place from which $1,000 or more of agricultural products were produced and sold, or normally would have been sold, during the census year. This threshold is unchanged since 1975.

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December Unemployment Rate Remains Unchanged at 2.9 Percent

NEWS RELEASE

For Immediate Release: Jan. 24, 2020
Information Contact: Karen Jarboe Singletary (208) 332-3570 ext. 3215 or Craig Shaul (208) 332-3570 ext. 3201

Idaho Falls MSA led the nation in over-the-year job gains

Idaho’s seasonally adjusted unemployment rate remained at 2.9 percent in December for the sixth consecutive month.

An additional 2,329 people made themselves available for work in December, pushing Idaho’s seasonally adjusted labor force up to 889,092. The number of unemployed decreased by 110 to 25,769. Total employment grew by 2,439 to 863,323.

Idaho’s labor force participation rate – the percentage of people age 16 years or older working or looking for work – moved up slightly to 64.2 percent.

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Around Idaho: Economic Activity in December 2019

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • The Coeur d’Alene City Council voted to create a health corridor urban renewal district around Kootenai Health. The new urban renewal district will allow infrastructure improvements to accommodate the rapidly expanding hospital. Source: Coeur d’Alene Press
  • The city of Post Falls voted to rezone a large parcel of industrial zone to urban center. The rezoning will tie in with the city’s intention to expand commercial development in 2020. Source: Coeur d’Alene Press
  • California-based Strategic Service Solutions Inc. has leased new office space in Post Falls, which the IT integration company will use to service eastern Washington and northern Idaho clients. Source: Journal of Business
  • Dollar Fulfillment, a Hayden-based e-Commerce fulfillment company, has purchased 5 acres in Post Falls’ Bighorn Industrial Park to expand operations. Last Year, Dollar Fulfillment was ranked among the 300 fastest-growing private companies in the United States. Source: Journal of Business

Openings

  • Bean & Pie in Coeur d’Alene.
  • Birdie’s Pie Shop in Post Falls.
  • Sherwin Williams in Post Falls.
  • Edwards Jones Investments in Coeur d’Alene.

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in November 2019

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Bonner County

  • Sandpoint-based manufacturer Tamarack Aerospace Group has filed a reorganization plan to bring the company out of chapter 11 bankruptcy. The new plan, if approved, will allow Tamarack to emerge from chapter 11 reorganization without additional staffing reductions. Source: Journal of Business

Kootenai County

  • The Coeur d’Alene Planning Commission unanimously passed plans for the development of the Atlas Waterfront site. The plan will develop a 61 acre complex along the Spokane River over eight to 10 years. The development will include single family homes, townhouses, apartments and condos along with retail space, while preserving 12 acres of public space along the river. Source: Coeur d’Alene Press
  • The Kootenai Humane Society broke ground on a new facility. The Humane Society is progressing through a $6.5 million fundraising campaign to build the shelter, which is expected to be completed in 2020. Source: Coeur d’Alene Press
  • Work is underway on a $15 million expansion at the Coeur d’Alene Airport, which will be used by StanCraft Boat Co. to launch a new aircraft retrofitting and refueling facility. Source: Coeur d’Alene Press

Openings

  • Inland Botanical Body Bar in Post Falls.
  • Senior Helpers in Coeur d’Alene.
  • Terri Reece Studios Salon in Coeur d’Alene.

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in October 2019

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Bonner County

  • Summit Cancer Centers has opened a new cancer clinic in Sandpoint. The clinic offers imaging services, as well as immunotherapy and chemotherapy. Source: Journal of Business

Kootenai County

  • Blue Cross of Idaho opened a new office in Coeur d’Alene. The new facility, which will eventually employ 40 people, will provide local customer service to Blue Cross health services members in northern Idaho. Source: Journal of Business
  • TDS Telecommunications, a Wisconsin-based internet service provider, opened a retail store in Coeur d’Alene. TDS is also planning to install roughly 700 miles of fiber cable in Kootenai County over the next three years. Source: Journal of Business
  • Construction is underway on a new elementary school in Coeur d’Alene. The new school, which will have more than 53,000 square feet of space, will replace an older facility in Hayden as the home of Coeur d’Alene’s NExA program for K-5 students, which uses expeditionary learning models. Source: Journal of Business
  • The Coeur d’Alene City Council approved a deal with T. LaRiviere Construction to begin work on the Atlas Waterfront Park. The new park will add public access to 3,800 feet of waterfront, and will include a variety of park facilities such as a dog park and kayak launch. Source: Coeur d’Alene Press

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in August 2019

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Bonner County

  • Tamarack Aerospace Group is moving forward with its Chapter 11 bankruptcy filing and received U.S. Bankruptcy Court approval to move forward with a financing plan that will allow the company to resume its sales. Source: Spokane-Kootenai Journal of Business

Kootenai County

  • TDS Metrocom, a Wisconsin-based telecommunications company, has begun constructing a new fiber optic network in Coeur d’Alene, which will eventually offer high-speed residential connectivity. TDS currently has a staff of 11 people in Coeur d’Alene, but expects to ramp up to as many as 200 employees by 2022, at which point the company anticipates having installed more than 700 miles of fiber. Eventually, TDS expects to be able to serve roughly 48,000 residences and business in Kootenai County. Source: Spokane-Kootenai Journal of Business
  • The city of Post Falls is moving forward to create a 548-acre urban renewal district encompassing the city’s downtown district. A report from the city council noted that 151 of the 674 structures in the district were in a state of deterioration, while the area also suffered from a lack of sidewalks, unfinished streets and underdeveloped tracts. Source: Coeur d’Alene Press
  • The Red Lion Templin’s Hotel in Post Falls is undergoing a complete renovation by its new owners, KVA Management. Improvements include a renovation of all 163 guestrooms, a renovated lobby and a new restaurant and kitchen. Source: Coeur d’Alene Press

Openings

  • Sawmill Grille in Post Falls
  • Beau Monde Luxe in Coeur d’Alene
  • Farmhouse 208

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in July 2019

Information provided in these news updates is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Bonner County

  • Tamarack Aerospace, a Sandpoint-based manufacturer of airplane winglets, has filed for chapter 11 bankruptcy. The company has reduced its staff from 25 at the beginning of the year to 16. It will continue to operate after entering the reorganization bankruptcy. Source: Journal of Business

Kootenai County

  • Hayden-based manufacturer StanCraft Boat Co. is moving forward with construction of its new Jet Center at the Coeur d’Alene Airport. Representatives for StanCraft, which manufactures luxury watercraft, characterized the move to redo jet interiors as a natural dovetail from their current business. The Jet Center is scheduled to open in the spring of 2020. Source: Journal of Business
  • Northwest Specialty Hospital in Post Falls has opened a new Endoscopy Center. The new wing adds nearly 9,000 square feet to the facility, adding procedure rooms and post-operative care space. Source: Journal of Business
  • The city of Post Falls has agreed to purchase 10 acres of right-of-way from Union Pacific Railroad as part of an ongoing effort to eliminate the rail spur line so that the Prairie Trail can be extended northward. The trail extension project is intended to improve the connectivity of the region as well as improve public safety by eliminating multiple public rail crossings. Source: Coeur d’Alene Press

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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Around Idaho: Economic Activity in June 2019

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • Seattle-based hardware retailer Hardwick and Sons is moving to Post Falls after nearly 90 years in Seattle’s University District. The store’s owners cited a growing tax burden in Washington as their primary motivation for relocating to northern Idaho. Source: Journal of Business
  • Gunfighters LLC, a gun holster manufacturer based in central Washington, is relocating its operations to Rathdrum. The company cited a more “gun-friendly culture” in Idaho, as well as a lack of space in their current facilities, as their reasons for moving to northern Idaho. Source: Journal of Business
  • A new jet center owned and operated by StanCraft is set to open at the Coeur d’Alene airport. The facility, which will create about 50 jobs, will be used to update aircraft and serve as a fueling station. Source: Coeur d’Alene Press
  • The Coeur d’Alene City Council approved plans to build a $2.6 million water administration building. The project will be funded entirely with the Water Department’s reserve funds. Source: Coeur d’Alene Press
  • The city of Athol received a Community Development Block Grant from the Idaho Department of Commerce to support a $3.5 million water improvement project. City officials initiated the improvement project, noting that the city’s aging water system lacks the necessary pressure to meet Idaho environmental quality requirements. Source: Coeur d’Alene Press

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Around Idaho: Economic Activity in May 2019

Information provided in this article is from professional sources, news releases, weekly and daily newspapers, television and other media.

Northern Idaho
North Central Idaho
Southwestern Idaho
South Central Idaho
Southeastern
Eastern Idaho

 

NORTHERN IDAHO – Benewah, Bonner, Boundary, Kootenai & Shoshone counties

Kootenai County

  • TDS Metrocom, a high-speed internet service provider, announced it will be expanding to Kootenai County over the next three years, bringing gigabit-speed internet to commercial and residential customers. The company plans to grow its Kootenai operation in stages, with initial hiring of about 30 employees before ramping up to a full scale of roughly 200 workers by the end of 2022. Source: Coeur d’Alene Press
  • Kitchen Solvers – a Wisconsin-based retailer of cabinets, flooring and tiles – has leased a new location in the Riverbend complex in Post Falls and plans to open a new franchise location to serve Kootenai County. Source: Spokane-Kootenai Journal of Business
  • Cereset, a wellness company, has opened a new franchise in Coeur d’Alene. The company uses non-invasive therapies to help patients mitigate stress and improve their sleep habits. Source: Coeur d’Alene Press
  • Two new automobile dealerships opened in Coeur d’Alene. Both Amstutz Family Auto and High Caliber Auto Sales opened used car dealerships and full-service repair shops. Source: Coeur d’Alene Press
  • The city of Post Falls announced plans to turn a former thrift store location into a recreation center, which will support community activities and classes including dancing, gymnastics and adult fitness activities. The city expects the outdoor facilities – including soccer fields and children’s spaces – to open in the fall, with the indoor facilities following in the winter. Source: Coeur d’Alene Press

Openings

  • Mountain America Credit Union in Post Falls
  • Paragon Brewing in Coeur d’Alene
  • Relax and Recover Wellness Center in Coeur d’Alene
  • Newhomes in Coeur d’Alene

Sam.Wolkenhauer@labor.idaho.gov, regional economist
Idaho Department of Labor
(208) 457-8789 ext. 4451

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