Idaho 2008 Quarterly Personal Income Declines for Second Time
Total personal income in Idaho fell 0.3 percent during the summer quarter, marking the second quarter in 2008 the state has seen income drop. Idaho's third quarter decline reflects the absence of stimulus checks sent to Americans last spring by the federal government in an effort to stimulate the economy. Read more ... 12/22/2008
Summer Brought Surge to Idaho Personal Income
A strong farm sector combined with improved consumer activity more than offset a slowdown in home construction and associated sectors and boosted Idaho’s total personal income by more than 1.7 percent during the third quarter of 2007, the U.S. Bureau of Economic Analysis reported Wednesday.
On an annualized basis, personal income – the total of all wages, business owner profits, investment earnings and transfer payments like Social Security – hit $47.7 billion during the July-September quarter. Idaho’s percentage increase, sixth highest among the states, translated into over $800 million in additional income, and $469 million came in higher wages and business profits.
Nearly $200 million resulted from higher investment earnings, and the rest came from Social Security and other transfer payments. Read more ... 12/19/2007
Hispanic Buying Power in Idaho for 2008
The 2008 Hispanic Buying Power Report is now available. Read more...04/28/2009