It pays to be the ‘potato state’ but what people don’t know is that we are also considered a “suburb” of silicon valley. Combine these two industries with medical, environmental, tourism, health and retail therapy and you’ve got one booming economy. An economy that ignored that last two recessions.
…the heart of American’s biggest economic boom is right here in Idaho
In Idaho, the state with the nation’s fastest-growing economy, homebuilding hasn’t crashed as it has across much of the USA, and a two-decade run of prosperity continues.
Chalk it up, in large part, to chips — computer chips and potato chips. And to a state whose climate and rugged outdoor beauty are attracting highly mobile, white-collar newcomers who could work or live most anywhere.
What’s less known is that Idaho has been competing with Arizona, Nevada and Florida to be the USA’s most vibrant boom state. And unlike those hot-weather states, Idaho is having a boom that shows little sign of fading.
Idaho has been tops among states in economic growth since 2003. It has ranked high nearly every year since 1987, a run of good times unmatched by any other state. Even the recessions of 1991 and 2001 didn’t stop growth.
No matter how often I tell people these facts, having it supported by a national article simply supports my voice. Idaho is the place to live please come join us!!
Read entire article here.
Posted under About the Area, Economics of North Idaho, For Investors
This post was written by Christina Ethridge North Idaho Real Estate on September 28, 2007

