Tag Archives: Sam Wolkenhauer

Around Idaho: October 2017 Economic Activity

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

  • The Parks and Recreation Committee in Coeur d’Alene voted to ban offshore businesses in the city’s water corridor on Lake Coeur d’Alene. The decision will affect enterprises like the Hooligan Island jungle gym barge and boats that sell food. The committee sited the danger of motorized boat traffic near the beach, in water that is generally full of kayakers, paddle-boarders and swimmers in the summer. Source: Coeur D’Alene Press
  • Developers Philip Wirth and Rick Robinson have announced plans to create a 233-acre technology park on Highway 41 in Post Falls. The complex is being designed with technology and aerospace manufactures in mind, and the developers have specifically cited proximity to North Idaho College’s technical schools in Rathdrum as a draw to the location. Source: Coeur D’Alene Press

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Around Idaho: September 2017 Economic Activity

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

  • Alliance Data – citing strong growth in its Card Services division – announced plans to add 140 workers in Kootenai County by the end of 2017. This would raise the total employment at the company’s Coeur d’Alene complex to 750 employees, from 610 currently. A company spokesman said that Alliance anticipates a further expansion to between 800 and 850 employees in 2018. Source: Spokane Journal of Business
  • Viking Construction has begun work on the third and final phase of the Fieldstone Apartments project in Post Falls. This phase will add 64 units to the complex. Source: Spokane Journal of Business
  • Cascade Team Real Estate – a brokerage based in Issaquah, Washington – announced it plans to open a new office in Coeur d’Alene. Cascade Team focuses on residential real estate and does not provide commercial listings or property management services. Source: Spokane Journal of Business
  • SPi CRM, a Philippines-based call center, is remodeling the former Sports Authority space in the Silver Lake Mall in Coeur d’Alene to use as a new customer-service call center. SPi’s spokesman noted that the company anticipates total staffing of around 240 employees. Source: Spokane Journal of Business

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Around Idaho: August 2017 Economic Activity

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

  • A lumber mill in Athol owned by Vaagen Brothers Lumber suffered significant damage in an Aug. 9 fire. Although more than 50 percent of the facility was consumed, none of the mill’s employees were injured. Source: Coeur d’Alene Press
  • The Post Falls City Council approved a new budget with no increase to property taxes and a fee increase which will affect water and wastewater fees. Source: Coeur d’Alene Press
  • North Idaho College hosted the annual Art on the Green event. The art fair, which featured more than 160 artists, drew an estimated 50,000 patrons in its three-day run from Aug. 4-6. Source: Coeur d’Alene Press

Bonner County

  • Sandpoint’s new fiber network has begun expanding to business, including Timberline Helicopters and Tamarack Aerospace. Fatbeam, the fiber provider, cited the projects as examples of how public/private partnerships can work, while Sandpoint city officials noted that the fiber will help companies in need of better connectivity to keep their headquarters in Sandpoint. Source: Bonner County Daily Bee

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

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Idaho’s Construction Resurges Post Recession

The construction industry suffered disproportionate job losses during the course of the Great Recession as property values plummeted and the over-heated housing market contracted. An oversupply of housing in many parts of the country caused construction to shrink for several quarters even after other industries had begun to grow again. During the post-recession growth period, however, Idaho’s construction industry has outperformed the rest of the country, fueled by the state’s high rate of population growth and the associated demand for housing and commercial space.

Beginning in late 2007, construction in Idaho began to shed jobs at an alarming rate. The industry contracted by almost 24,000 jobs between October 2007 and March 2009 – about 42 percent of the industry’s total pre-recession employment. While construction suffered across the country, Idaho’s sufferings were particularly acute; the state’s 42 percent industry contraction dwarfed the 29 percent loss experienced nationwide. Continue reading

Around Idaho: July 2017 Economic Activity

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

Region

  • Northern Idaho witnessed at least 21 reported wildfires in July. While the actions of the forest service and other authorities prevented any of the fires from forcing evacuations or threatening structures, the number of fires was above average for July. Source: Coeur d’Alene Press

Kootenai County:

  • Construction work began on a new commercial complex in Athol, which will eventually include the town’s first grocery store as well as a hardware store, a hotel and additional light industrial and commercial space. Source: Coeur d’Alene Press
  • The Idaho Transportation Department and North Idaho College are partnering to offer a free three-week heavy equipment operator course, which aims both to fill labor needs in the construction industry and offer career opportunities to veterans, women and minorities. Source: Coeur d’Alene Press

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Around Idaho: June 2017 Economic Activity

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

  • Intermax Networks is now serving Sandpoint’s new city-owned fiber optic cable service. Access to the city’s cable allows Intermax to nearly double its service in Sandpoint and supports the city’s goals of expanding the availability of fiber. Source: Idaho Business Review

Kootenai County

  • Construction on The Crossings – a new 37-acre business complex in Athol – began in June with the first work on a new Super 1 Foods grocery store. The complex is designed to serve the significant rural population of northern Kootenai County and may eventually include medical and financial service providers. Source: Coeur d’Alene Press
  • The Coeur d’Alene Chamber of Commerce has curtailed its financial support of the CDA Ironman competitions. After 14 years of full Ironman races, the city will instead begin hosting half-Ironman competitions beginning in 2018. Source: Spokesman Review
  • Silverwood Theme Park has fully ramped up for the summer season after opening its Boulder Beach water park. A representative from the park noted that sales of both season passes and individual tickets are up significantly from the previous year, when Canadian traffic dropped due to a weaker Canadian dollar. Season pass sales are up 23 percent over 2016, while individual ticket sales are up 20 percent. Source: Idaho Business Review
  • The city of Coeur d’Alene will postpone its planned widening and reconstruction of Government Way. The city received only one bid for the project, which was 34 percent higher than the city’s initial estimate. A city spokesman indicated that the narrow timeframe associated with the project was contributing to high costs, as the project would have required significant overtime work. Source: Spokesman Review

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Around Idaho: May 2017 Economic Activity

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

  • The city of Coeur d’Alene entered into an agreement to purchase 47 acres of waterfront property, which was vacated when Stimson Lumber closed its operations there in 2005. Several private sector efforts to develop the property have fallen through over the years due to ambiguity regarding the lot’s zoning and environmental cleanup requirements. Source: Coeur d’Alene Press
  • The city of Post Falls plans to pursue an Idaho Community Development block grant to add additional parking in the city center. Inadequate public parking has led to a several cases of illegal parking and damage to private property. Source: Coeur d’Alene Press
  • Kootenai County Commissioners approved several changes to the Citylink bus system, including new fares and reduced hours of operation. The changes reflect the need to pursue a more sustainable and effective public transportation service. Source: Coeur d’Alene Press
  • The Innovation Collective plans to turn the historic Elks Building in downtown Coeur d’Alene into the “Innovation Den,” which will include office space, a coffee shop, meeting space and a private bar. Among the tenants already lined up are a robotics company, a venture capital firm and an intellectual property law firm. Source: Spokane-Kootenai Journal of Business

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