Tag Archives: Kathryn Tacke

Around Idaho: January 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 Rathdrum has announced plans to form an urban renewal agency. The goal of the agency will be the development of Rathdrum’s large vacant areas which are currently zoned for light industrial. Rathdrum is home to two technical schools, and city officials expressed hope that development of the industrial areas will help keep graduates from these schools working in the city. Source: Coeur d’Alene Press
  • Empire Unmanned – a northern Idaho manufacturer of unmanned aerial vehicles – has announced that it will offer a certification course for commercial drone pilots. The company’s sales tripled in 2016 as commercial uses for drones have proliferated. The certification course, which will be offered at North Idaho College, will reflect the evolving regulatory requirements promulgated by the Federal Aviation Administration. Source: Coeur d’Alene Press
  • The Coeur d’Alene school board voted in favor of a $35.5 million bond measure and a $32 million operating levy, both of which will be put before votes in March. The measures come amid rapid enrollment growth which has left Coeur d’Alene schools significantly overcrowded. Due to rising assessed property values, tax rates would not increase even if both the bond and the levy are approved. Source: Spokesman Review

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Around Idaho: December 2016 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

  • STCU credit union opened a new branch in downtown Coeur d’Alene after remodeling a former Bank of America Location. The new location, which offers business services and consumer and commercial lending, is STCU’s 20th branch overall and its third in northern Idaho. Source: Coeur d’Alene Press
  • The Coeur d’Alene Planning Commission approved a permit for Lake Drive Apartments to build a 30-unit, five-story apartment complex in the underdeveloped East Sherman neighborhood. Lake Drive expressed hopes that construction could be completed in the summer of 2017. Source: Coeur d’Alene Press
  • The city of Coeur d’Alene relaxed its rules governing child care business licenses and will now grant licenses to applicants with marijuana charges more than five years old. The change was made to address a serious local shortage of child care providers. The city expressed optimism that the relaxed rules will help address the shortage. Source: Coeur d’Alene Press

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Rural Idaho Today: An Overview of Components Impacting its Economy

This is the first of a three-part series about Idaho’s rural economy. This part examines elements impacting Idaho’s rural economy today, including population, educational attainment, industries, occupations and wages.

Part two evaluates which dynamics influence rural Idaho’s dwindling labor force.

Part three projects how rural Idaho’s population by age group and labor force participation will look in 10 years based on the previous 10-year trends.

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Labor force is a key ingredient for economic success, and labor force statistics help measure how successfully the economy is performing. The demographics of Idaho’s labor force differ in fundamental ways between its seven urban counties — Ada, Bannock, Bonneville, Canyon, Kootenai, Nez Perce and Twin Falls – and 37 rural counties. These differences spell out the challenge of economic growth and development in rural areas

Older Population

The labor force in Idaho’s rural counties reflect the intensity of their aging population. The change of baby boomers from their 40s and 50s in 1995 to their 50s and 60s has resulted in a decrease in the workforce 35 to 44 years of age and a big increase in the number of people 55 and over, as the chart of workers on payrolls shows in Fig. 1. In addition, labor force participation rates for people 55 and older have risen over the past 30 years as more have enjoyed longer lifespans and better health.

In the U.S., the average retirement age rose from age 62 in 1995 to 65 in 2015.

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Around Idaho: November 2016 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

  • Thorne Research – a Sandpoint-based nutritional supplement manufacturer – announced it is pulling out of northern Idaho. The company, which employs 270 people in the region, will build a new facility outside of Charleston, South Carolina. The new facility is expected to open in 2018. At that time Thorne plans to close all its northern Idaho operations. Source: Bonner County Daily Bee

Kootenai County

  • Kootenai County’s building division has hired two out-of-state companies to conduct and plan reviews in an attempt to work through a large backlog of building permits. Permit requests in the county are at an all-time high – even surpassing the boom of 2005-2007 – and the county’s building division lacks the staff to keep up with demand. Source: Coeur d’Alene Press
  • A toxic blue-green algae outbreak has been detected in the chain lakes along the Coeur d’Alene River. Health advisories have been issued by the Panhandle Health District, Idaho Department of Environmental Quality and the Coeur d’Alene Tribe encouraging people to avoid eating fish from the affected lakes and to avoid recreating near visibly polluted water. Source: Spokesman Review

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Around Idaho: October 2016 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

  • Northwest Specialty Hospital in Post Falls announced the opening of a new digestive surgery center. The new center – formally called the Northwest Institute for Digestive Surgery – will give patients the ability to receive all their digestive consultations, diagnostics and treatment options in one location. Source: Coeur d’Alene Press
  • The Post Falls Outlet Mall – which was formerly mostly vacant – continued its streak of new openings over the last month. Escape Adventures, SNR Costume Rentals and Ace Industrial Supply recently opened in the outlet mall. Source: Coeur d’Alene Press

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Around Idaho: September 2016 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

  • Wilderness recreation areas across Northern Idaho are still obstructed due to both wildfires and prescribed burns. Several wildfires – some of which began as long ago as July – are still burning in Bonner and Kootenai counties. Crews have also begun prescribed burns to clear away fuel in all five northern counties. Source: Bonner County Daily Bee, Coeur d’Alene Press, Spokesman Review

Benewah County

  • After officer resignations left the city police department shorthanded, St. Maries signed an agreement with the Benewah County Sheriff’s Office to provide policing for the city. The agreement formalizes the role of the sheriff’s deputies in policing the city and places the city police under sheriff’s supervision. Source: St. Maries Gazette Record

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Around Idaho: August 2016 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 Rathdrum City Council approved a request from Avista to change the city’s zoning map in preparation for a possible natural gas power plant. Avista, which owns a 302-acre site in Rathdrum, said it is exploring plans to build a natural gas burning facility to help meet a projected ramp-up in customer demand.
  • The North Idaho Outlet Mall, which has been mostly unoccupied for several years, is being rejuvenated and reoccupied. Tedder Properties – the new owner of the mall – will move its manufacturing operations into the southern end of the facility and lease the remaining spaces to retail occupants. Source: Coeur d’Alene Press
  • Broadband provider Fatbeam announced a $3.2 million donation to the University of Idaho’s Research Park in Post Falls. This will provide access to a fiber network – owned by Fatbeam – and a long-term contract for broadband internet access. Access to fiber is timely, as UI has recently made a push toward computer science, including launching a new cybersecurity lab in the Post Falls research park. Source: Coeur d’Alene Press

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