ADVERTISEMENT
Advertise Here
Archive

Eye On Boise

Inflation cuts into gains in economic activity in rural Idaho

Here's a news item from the Associated Press: BOISE, Idaho (AP) — Numbers from the U.S. Bureau of Economic Analysis show that inflation is eroding gross product gains in rural Idaho. The Idaho Department of Labor released the numbers Monday for the total value of goods and services produced in the state. Economic activity picked up in Idaho's 33 rural counties during 2011, with the counties producing just under $17.5 billion worth of goods and services. That's a 5.1 percent increase compared to a year earlier. But the Department of Labor says that increase was lost to inflation. Once inflation is taken into account, rural counties saw gross state product actually decline 0.6 percent.


Please keep it civil. Don't post comments that are obscene, defamatory, threatening, off-topic, an infringement of copyright or an invasion of privacy. Read our forum standards and community guidelines.

You must be logged in to post comments. Please log in here or click the comment box below for options.

comments powered by Disqus
« Back to Eye On Boise

Get blog updates by email

About this blog

Betsy Z. Russell covers Idaho news from The Spokesman-Review's bureau in Boise.

Named best state-based political blog in Idaho for 2013 by The Fix

Latest comments »

Read all the posts from recent conversations on Eye On Boise.

Search this blog
Subscribe to this blog
ADVERTISEMENT
Advertise Here