Spokane Airports Update

Total passengers remain below 1996 levels . 2011 data is estimated from operations through May of 2011. Passenger travel through SIA has been flat for about 16 years.

Air Cargo has fallen sharply. 2011 value is estimated from current data through May of 2011. While the overall trend is down, there has been a slight increase in 2011.

General aviation operations at Felts Field have collapsed. The airport blames the weather.  Weather is a factor, but high fuel prices and an insufficient local economy may be larger factors.  Area fuel prices are about $6 to $7 per gallon and $5 to $6 per gallon in Idaho.

The data suggest that like a decade ago, the new airport Master Plan is already out of date.  Here’s the year 2000 forecast for passenger boardings and cargo loading at SIA:

Here’s the official Airports press release.

Lawrence J. Krauter, Airport Director, Spokane International Airport, commented, “What
is notable about May’s performance is that enplanements were only down 2.5% against a
12% reduction in available seats, which indicates that demand remains strong from our

In the context of the old forecasts, that quote is hilariously funny.

A news story updates the concrete pouring at Spokane International Airport:

Getting There: Runway work reaches halfway point at airport – Spokesman.com – July 11, 2011.

Pouring concrete at SIA, says the story is “an important component of Spokane’s economy” and seems to be a primary purpose for SIA. Read the whole story.

While involvement in this web site has been cut back, we intend to continue updating the airport, general employment and income reports as these are important economic indicators for Spokane.

The Federal Debt: Revenues, taxes, fees versus Spending

Federal government spending versus revenue

Via: Do we really have a revenue problem?

The chart comes from political web site and their accuracy has not been checked by me.

The U.S. economy appears to have lagged for a decade.

Updated: I was curious as to what has happened to median income – here is a chart of median household incomes in the U.S. The “red line” is an inflation adjusted income level that adjusts past incomes to 2009. Blue is the actual $s that were earned in the year shown.

Data for 1980 to 2009 come from the U.S. Census. 2010 is estimated by using HUD’s 2010 estimated median income and applying the same difference they found between 2009 and 2010, to the 2009 Census data. Census, Housing and Urban Development, and Health and Human Services all produce their own estimates and they are very different from one another.

From the above, we can see that after inflation adjustments, income in 2008-2010 have fallen to 1998 levels. This has interesting ramifications for whether the Federal government reduces spending or raises taxes and the effects either approach would have on families.