Spokane7
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June 19, 2009 in News, Idaho
Personal income still falling in Idaho
The Spokesman-Review
Personal income in Idaho fell during the first three months of this year. It was the third straight quarter in which total wages, business owner profits and investment earnings declined.
The U.S. Bureau of Economic Analysis estimated total personal income for the first quarter at $48.3 billion on an annualized basis, down from $48.7 billion in the final three months of 2008.
While total personal income was up 3 percent last year overall, it peaked during the spring of 2008 and has been sliding since.
The first quarter report was the fourth time since World War II that Idaho’s personal income has fallen for three straight quarters.
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englishsunset on June 19 at 11:06 a.m.
Like we need a newspaper to tell us that, and people can’t understand why newspapers are dropping like flies.
greyhound2 on June 20 at 8:28 a.m.
Idaho is classified as a one party state as Republican. No wonder incomes are falling. However, Idaho ranks number two in the nation behind Georgia with the most people locked up prison on a per capita basis.