Tag Archives: Kathryn Tacke

Around Idaho: Economic Activity in September 2018

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

Boundary County

  • Seven Seeds Coffee Roasters opened in Bonners Ferry. The company specifically sources its coffee beans from impoverished regions of southeastern Asia, where the coffee can become a cash crop for impoverished farmers. Source: Bonners Ferry Herald

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Idaho Labor’s annual wage report is valuable resource

What does the average machinist in Idaho make? How many people are working in Idaho as diesel mechanics? What is the entry-level wage for fast food cooks? What’s a reasonable wage range for carpenters? Would I get higher pay as a registered nurse working in Boise or in Idaho Falls? Would I earn more as a plumber or as an electrician?

Once a year, the Idaho Department of Labor publishes answers to those questions and thousands of others in the form of the Occupational Employment and Wage Survey (OEWS).

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Around Idaho: Economic Activity in August 2018

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

Boundary County

  • The State of Idaho auctioned 51 state-owned lakefront lots on Priest Lake for a total of $25.6 million. Forty-six of the 51 lots were purchased by the current leaseholders. Source: Spokesman Review

Kootenai County

  • A new transit center is in the works in the Riverstone development in Coeur d’Alene. Kootenai County Public Transportation announced that work on the facility is expected to begin in September, on track for completion no later than June 2019. Ridership on public transportation in Kootenai County has exploded in recent years as the county’s population has grown, and new developments have added to suburban sprawl in the region. Source: Spokane Journal of Business
  • Coeur d’Alene-based fiber optic provider Fatbeam has acquired a division of Post Falls-based Ednetics Inc, which provides IT and technology solutions for schools. Fatbeam intimated that it is planning additional acquisitions, but declined to specify further. Source: Spokane Journal of Business
  • Faced with increasingly tight inventories, Windermere Realty of Coeur d’Alene is building three new housing developments in Kootenai County. The three developments, located in different corners of the county, will provide a total of 273 new homes. Windermere ownership noted that inventory in Kootenai County is extremely low, creating aggressive inflationary pressure on home prices. Source: Coeur d’Alene Press

Openings:

  • Global Kitchen Tapas & Wine (Coeur d’Alene)
  • A&B Market (Coeur d’Alene)

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

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Silver Tsunami Could Swamp Idaho Employers

The silver tsunami — the aging of the baby boom generation — is posing a challenge to Idaho employers throughout the state. In Idaho, baby boomers – Americans born between 1946 and 1964 – are retiring at the rate of 52 a day. In a tight labor market, replacing these workers is not easy. Even when a replacement worker is found, the business has still lost an experiencedworker with deep institutional knowledge about the business — things like how a problem that just cropped up was solved 15 years ago, who’s the best contact at a supplier that isn’t providing what was promised, and other insights that contribute to a business’s competitiveness and bottom line.

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Around Idaho: Economic Activity in July 2018

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

Benewah County

  • Jack Buell Trucking purchased a wood chip mill in Texas and announced that the mill would be disassembled wholesale and relocated to the company’s Milltown facility. In addition to trucking, the company operates log yards and heavy hauling concerns. The company anticipates that the reconstruction of the wood chip mill will take two to three months, but once operational the facility will double the company’s current capacity. Source: St. Maries Gazette-Record

Kootenai County

  • Seltice Mini Storage in Post Falls has begun a $1 million expansion to add an additional 150 storage units. In addition to expanding storage capacity, the company plans to upgrade the facility’s security systems. Source: Spokane Journal of Business
  • Crews broke ground on a new 50,000 square-foot industrial building in the Riverbend Commercial Park in Post Falls. The project is expected to be completed in August and is anticipated to accommodate up to five tenants. Kootenai County currently has low inventories of available industrial and warehousing space. Source: Spokane Journal of Business
  • Construction has begun on a new 294-unit apartment complex in Coeur d’Alene. The complex, which will be called The Northern at Coeur d’Alene Place, will be built through 2020 by CDA developer Anderl Development LLC. Source: Spokane Journal of Business

 

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 2018

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

Bonner County

  • Bonner Homeless Transitions and the Bonner Community Housing Agency have announced a partnership to expand the local rental pool for low income families and offer transitional housing in Sandpoint. The partnership will explore avenues to purchase single-family homes and convert them to rental houses available to those earning less than 80 percent of the area’s median income. Source: Bonner County Daily Bee

Kootenai County

  • Construction has begun on a new 294-unit apartment complex in Coeur d’Alene. The complex, which will be called The Northern at Coeur d’Alene Place, will be built through 2020 by Coeur d’Alene developer Anderl Development LLC. Source: Spokane Journal of Business
  • Crews broke ground on a new 50,000-square-foot industrial building in the Riverbend Commercial Park in Post Falls. The project is expected to be completed in August and is anticipated to accommodate up to five tenants. Kootenai County currently has low inventories of available industrial and warehousing space. Source: Spokane Journal of Business
  • A new medical office building is under construction in the Riverstone Development in Coeur d’Alene. The new building will house Ellenbrecker Eye Clinic. Source: Spokane Journal of Business
  • Openings
  • Once Upon a Shoe – a new retail establishment in Hayden
  • Ten/6 – a Cajun style restaurant in Coeur d’Alene
  • NYC Piano Bar 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 May 2018

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

Bonner County

  • In response to substantial flooding in Lake Pend Oreille and the Pend Oreille River, strict no-wake zones are being enforced to mitigate property damage. The new rules impose a no-wake zone up to 500 feet from the shore. Source: Bonner County Daily Bee

Kootenai County

  • Idaho Central Credit Union is constructing a new office in Coeur d’Alene. The $8.6 million building will house a full service credit union branch and business and mortgage lenders along with administrative staff. The new Coeur d’Alene office will be ICCU’s fourth Kootenai County branch. Source: Spokane Journal of Business
  • Hayden-based Blackstone Properties is constructing a new 65,000-square-foot storage facility in Hayden. The complex will offer ministorage, along with boat and RV storage. Source: Spokane Journal of Business
  • Silverwood Theme Park had its full-time opening May 28 followed by Boulder Beach, which opened June 9. The theme park is hiring roughly 1,500 people for its summertime operations and noted that preseason ticket sales have surpassed projections. Park management believes this portends potentially record attendance. Source: Spokane Journal of Business

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 April 2018

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

Benewah County

  • Marimm Health – the Coeur d’Alene Tribe’s health agency – has revealed plans to build a $15.8 million youth center in Worley. Marimm said the goal of the project is to reduce high crime and substance abuse rates among the youth in Worley and its outlying areas. Source: St. Maries Gazette Record

Kootenai County

  • Rocky Mountain Liquidation – a Hayden-based overstock retailer – has opened a second retail outlet in the Riverbend Commerce Park in Post Falls. The store sells consumer goods like clothing and housewares that are acquired as overstock from major retailers. Source: Spokane Journal of Business
  • The Coeur d’Alene Resort announced a timeline to complete an extensive round of renovations in May. The resort is improving all 338 of its guest rooms. These improvements include new carpeting, furnishings, and renovations to the pool and fitness center. Source: Spokane Journal of Business
  • Hayden-based Empire Airlines has announced a collaboration with FedEx to train pilots. The program – called the FedEx Express Pathways Purple Runway Program – aims to recruit pilots from universities and aviation colleges and train them for advancement in the FedEx fleet. Empire Airlines provides air cargo services for FedEx. Source: Spokane Journal of Business

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

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Demographics of Today’s Young Adults Show Shift From Earlier Generations

Young Idahoans today differ considerably from previous generations in demographics, attitudes and behaviors. Like their peers across the United States, they are more likely to be college graduates and more likely to be living with their parents. They are postponing marriage, childbearing and home ownership. Their behavior affects the construction industry; makers and sellers of appliances, furniture, wedding services, and household items; manufacturers and retailers for toys, diapers and other children’s products; the quality of Idaho’s current labor force; and the size of its future labor force.

Delaying marriage

Today’s young adults are waiting longer to marry. In 1960, only 3.1 percent of Idaho women aged 25 to 34 had never married.  By 2010, 23.3 percent had never married. The next age cohort shows a similar pattern. In 1960, only 2 percent of women aged 35 to 45 years had never married. By 2010, 9.7 percent had never married.

 

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Around Idaho: Economic Activity in March 2018

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

  • Innovative Electrical Solutions LLC – an electrical contractor – has leased a new complex in Hayden where it plans to consolidate its operations, which are currently distributed across multiple office and warehousing spaces in Kootenai County. Source: Spokane Journal of Business
  • Kootenai County Commissioners voted 2-1 to change the county building permit system to allow residential builders to opt-out of acquiring permits. The opt-out provision will apply only to buildings in unincorporated areas. Source: Coeur d’Alene Press
  • Demolition has begun on the former Wild Waters waterpark. The park has been closed since 2010, but the demolition of the park and the leveling of the lot will finally allow the property to be placed on the market. Source: Coeur d’Alene Press
  • Prairie West Crossing developers formally unveiled their proposal for a technology park in north Post Falls. The Planning and Zoning Commission held a public hearing on the proposal, which includes multiple zoning and annexation actions on the part of the city. The technology park is designed to attract technology and aerospace manufacturers to Post Falls. 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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