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Financial Services

Financial experts share 2022 economic, market outlook  (access required)

Wage pressure remains high and inflation is climbing — dramatically affecting the economy and just about every industry — but what does that mean going forward? Rich Mebius, portfolio manager, and Robert Spendlove, senior vice president and economic and public policy officer, took a crack at answering that question Jan. 4 during Zions Bank’s periodical Economic and Market Outlook presentation.  2022: ‘The year ...

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Long live the consumer 

Recent economic data has shown a rapid inflation pick-up. We are seeing this firsthand in grocery stores and at the pump. While the most recent Consumer Price Index increase was the highest in 30 years, we believe this spike will normalize as we move into 2022. While prices ...

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Year in Review: Rebounding continues thru banks, credit unions, government  (access required)

“Rebound” was the word of the year for financial institutions and many of their stakeholders last year, especially coming out of 2020.  Payment Protection Program (PPP) loans made a second appearance in the millions early in the year. Financial experts regularly reviewed ...

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Idaho receives top AAA credit rating (access required)

The State of Idaho received a default credit rating of AAA from Fitch Ratings Inc. on Nov. 4. This is the highest rating that Fitch Ratings issues. Idaho is now in rarefied company, since at any one time, only around ...

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Tech announcements

New tech thru City Go to ‘make transit easier’  Paying for transportation around Boise and the Treasure Valley is easier than ever before thanks to the City Go Wallet, which launched today from Valley Regional Transit (VRT) partnered with Cubic Transportation Systems (CTS) to launch City Go Wallet, ...

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Financial experts comment on rising challenges (access required)

“What’s going on with inflation” is just one question Robert Spendlove addressed in a recent economic forecast presentation Oct. 28, aptly titled “Navigating the return of uncertainty.” As of September, consumer inflation is up to 5.4% year over year (YOY); ...

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New Census resource provides Idaho-specific retail data (access required)

Monthly year-over-year total retail sales for selected states from the U.S. Census Bureau's Monthly State Retail Sales new experimental data product.

One of the richest data sources that the Idaho Business Review (IBR) uses for economic analysis is the U.S. Census Bureau. The Census Bureau published a recorded webinar session in the last week of September for its new experimental monthly ...

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Walgreens announces branded credit card that rewards health benefits  (access required)

Continuing with its expansion into financial services, Walgreens announced on Aug. 16 a credit card that gives users benefits, which can be used in Walgreens stores, based on customers’ health and wellness purchases. There are two versions. The myWalgreens Credit Card is an in-store card; the myWalgreens Mastercard is a ...

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Britiany Anderson promoted at Idaho Treasurer’s Office

Britiany M. Anderson has been promoted to business reporting specialist in the Idaho Treasurer’s Office. She will work with Idaho businesses assisting them in reporting their unclaimed property to the state. Britiany has been with the treasurer’s office for over four years ...

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Middle market enters expansion mode after one year of pandemic impacts 

In its second quarter 2021 survey, KeyBank asked 400 owners and executives of middle market businesses — defined as those in the $10 million to $2 billion range — how macroeconomic conditions and government policies have impacted their businesses. The survey found that the middle market is back ...

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