Idaho income remains flat

June 24, 2014 

Idaho's average personal income was nearly identical in the first quarter of 2014 compared to the previous quarter, rising 0.2 percent to $58,012, according to the Idaho Department of Labor. Personal income totals, business profits, investment earnings and transfer payments such as Social Security and pensions.

Idaho ranked 44th among states in personal income.

Net earnings, investment earnings, wage and salary disbursements remained nearly flat compared to the previous quarter. Business profits rose by 1.8 percent, and transfer payments rose by 1.7 percent. Farm profits dropped by 5.8 percent in Idaho compared to 22 percent nationally during that time.

Mining was Idaho's strongest sector for growth with a 4.5 percent increase in personal income in the first quarter of 2014 from the previous quarter. Construction rose 3.4 percent.

Durable goods and manufacturing dropped 13.2 percent.

 

 

Idaho Statesman is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere in the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.

Commenting FAQs | Terms of Service