Tag Archives: multicultural

Hispanics, minorities continue to boost Idaho’s economic growth

NEWS RELEASE

For Immediate Release: April 28, 2022
Media Contact: Craig.Shaul@labor.idaho.gov

The economic influence of Idaho’s minorities and Hispanic populations has continued to expand over the past 10 years and projections show it’s not likely to slow down.

Growth in buying power for nearly all cultures in Idaho outpaced the U.S. average, according to estimates provided by the Selig Center for Economic Growth at the University of Georgia. From 2010 to 2020, Idaho experienced some of the highest multicultural consumer growth in spending across all U.S. states. White people, Black people and American Indians ranked in the top five highest percent change of consumer spending over this time period. 

Chart: growth in consumer spending 2010 to 2020, Idaho and the U.S. Continue reading