Tag Archives: 2020 economic assessment

Idaho’s Economic Recovery Exceeds Expectations in 2020

Idaho continued to experience rapid population growth, relatively low unemployment and a significant increase in business growth in 2020, even as the coronavirus pandemic caused major interruptions to the national and state economies.

Comparing Idaho’s 2020 economy with neighboring states gives economists a clearer perspective of the state’s economy and creates a roadmap of expectations for a full economic picture in 2021.

Idaho’s 2.1% population growth from 2019 to 2020 was the highest among the states for the fourth consecutive year. The U.S. Census Bureau will release state population estimates for 2021 on Dec. 21, 2021, and will reveal if Idaho’s population growth will continue to lead the nation. Figure f-1: Population growth by state, 2019 to 2020, ranked

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