Growth, recession, the transition of Idaho’s economy, and the effects of change on Idahoans.
More people moved to Idaho last year than left the Gem State. Still, driver’s license data show more than 29,000 gave up their Idaho license in 2012. It’s a real-time clue as to where Idahoans are going. We put that information on a map…
Have you noticed more California drivers on Idaho’s roads? Ok, maybe that’s feeding an unfair stereotype, but data show more Californians surrendered their driver’s license for an Idaho card than any other state last year. It’s a clue into who is moving to the Gem State. We put that data on a map…
The Division of Financial Management reports revenue collections for the month of March were 4.4 percent above predictions. The monthly general fund monitor is a short-term indicator of the tax collections coming into the state, which are used to budget for and fund state programs. Idaho’s General Fund increased by $138.1 million in March 2013, […]
As StateImpact reported back in October, Southwest Airlines planned to cut its direct Boise to Portland flight this spring. As KTVB reports today, that flight cut goes into effect by mid-April. [The Boise Airport] used to be a hub-to-hub carrier, but that is changing and evolving.
Idaho’s per capita personal income increased by $868 in 2012. That’s a 3.3 percent increase over 2011, and it boosts annual earnings above their 2008 peak. But the change wasn’t enough to narrow the gap between the net incomes of Idahoans and Americans at large. The annual personal income data released today from the U.S. […]
On Wednesday, the U.S. Bureau of Economic Analysis will release personal income data for 2012. In anticipation of that release, StateImpact Idaho pulled together personal income data going back to 1990 and compared it with the U.S. average. The data show a widening gap between Idaho and the country as a whole. Source: Bureau of […]
Many of Idaho’s monthly and quarterly economic indicators are good. The state’s unemployment rate has dropped steadily, tax collections are on-par with forecasts, gross state product is growing, and so are incomes. But economist Mike Ferguson says it’s not that simple. To get a true sense of where Idaho stands economically, Ferguson says, it’s important […]
The amount of money that came into Idaho’s main bank account in February exceeded expectations by nearly 20 percent. The Idaho Division of Financial Management published its monthly general fund revenue report today. DFM says February’s receipts beat the forecast because of higher-than-expected revenue in each of Idaho’s main tax categories: individual income, corporate, sales, […]
Data released today by the U.S. Bureau of Labor Statistics show Idaho’s 2012 jobless rate was lower than expected. The average annual rate was revised down three-tenths of a percent to 7.1. That’s a significant decline from 2011’s average rate of 8.3 percent. The revised data show the number of jobless Idahoans dropped below 50,000 […]
More Idaho workers earned minimum wage in 2012 than in any year since the U.S. Bureau of Labor Statistics started keeping track a decade ago. The Idaho Department of Labor reports 7.7 percent of Idaho hourly workers earned $7.25 an hour or less last year. That’s up from 5 percent in 2011. The new data […]
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