Morning News: How The Recession Changed Spending Habits Of 20-Somethings, Idaho Reports Record Timber Harvest

Idaho lands agency reports record timber harvest – “According to the Idaho Department of Lands, 330 million board feet of timber worth about $50 million was harvested during the fiscal year that ended June 30. The agency said Wednesday the harvest from state lands represented more than a third of the total timber cut in Idaho.” Associated Press

A trade group says it’s on the way to making Idaho the gunmaking capital of the nation – “The group’s mission is to build Idaho into a firearms- and ammunition-making hot spot. The state’s relatively lenient gun laws make it a good candidate for companies looking to leave states that have higher taxes and more gun-control laws, the group says.” Idaho Statesman

Recession Generation Opts to Rent Not Buy Houses to Cars – ““This is a generation that is scared of commitment, wants to be light on their feet and needs to adjust to whatever happens,” said Zukin, who’s researched the effects of the recession on recent college graduates. “What once was seen as a solid investment, like a house or a car, is now seen as a ball and chain with a lot of risk to it.” “ Bloomberg

Tough times: Analysts expect higher dairy culling – “High feed costs and a milk price that can’t keep pace will lead to significant cow culling in the dairy sector, according to industry analysts. With an all time record-low milk-to-feed ratio, a measure of how many pounds of feed can be purchased with the value of a pound of milk, things are quickly going downhill for producers. “ Capital Press