Title: Economy of Spokane, Washington - Wikipedia
Headings: Economy of Spokane, Washington
Economy of Spokane, Washington
Contents
Economic history overview
Trade
Mining boom
Logging, forestry, and agribusiness
Stagnation
Economy diversification
Head offices
Prominent industries
Agriculture
Mining and forestry products
Manufacturing
Transportation and distribution
Tourism and hospitality
Energy and technology
Healthcare
Economic development
See also
References
Bibliography
External links

Content: Major trade in the city started with the first permanent European settlement in the Spokane area and Washington state with the fur trade, with the westward expansion and establishment of the North West Company ’s Spokane House in 1810. The Spokane House was the center of the fur trade between the Rockies and the Cascades for 16 years. The Spokane area is considered to be one of the most productive mining districts in North America. In the late 19th century, gold and silver were discovered in the Inland Northwest, leading to intensive development of mines in the region. After the mining rushes ended at the turn of the 20th century, agriculture and logging became the primary influences in the Spokane economy. The expansion and growth of Spokane abruptly stopped in the 1910s and was followed by a period of population decline due to economic factors such as capital flight, low commodity prices, and loss of industry. A later stabilization of the economy came with diversification away from natural resources. Contents
1 Economic history overview
1.1 Trade
1.2 Mining boom
1.3 Logging, forestry, and agribusiness
1.4 Stagnation
1.5 Economy diversification
2 Head offices
3 Prominent industries
3.1 Agriculture
3.2 Mining and forestry products
3.3 Manufacturing
3.4 Transportation and distribution
3.5 Tourism and hospitality
3.6 Energy and technology
3.7 Healthcare
4 Economic development
5 See also
6 References
6.1 Bibliography
7 External links
Economic history overview
Main article: History of Spokane, Washington
Stereoscopic image of placer mining in the Silver Valley
Trade
In search of furs, explorer David Thompson sent out two trappers, Jacques Raphael Finlay and Finan McDonald, to construct a fur trading post on the Spokane River in Washington and trade with the local Indians. In operation from 1810 to 1826, it was ran by the British North West Company and later the Hudson's Bay Company, and the post was the headquarters of the fur trade between the Rocky and Cascade mountains for 16 years.