Invest in the Growth State of Idaho
Idaho’s gross state product (GSP) in 2019 reached $72.5billion, with growth of 3.4% over the 5-years to 2019. In Idaho, non-residential construction was $1.6 billion in 2019 which ranks it 11 out of all US states. Residential construction represented $3.2 billion in 2019 which places Idaho 2 in the United States.
Why invest in Idaho?
The state of Idaho has a population of 1,787,065 and annual population growth of 1.8% over the five years to 2019 which ranks 1 out of all 50 US states. Idaho’s gross state product (GSP) in 2019 reached $72.5billion, with growth of 3.4% over the 5-years to 2019. Idaho’s GSP growth ranks 7 out of all 50 US states. GSP is a measurement of a state’s output, or the sum of value added from all industries in the state. Businesses in Idaho employed a total of 24.2 million in 2018, with average annual employment growth of 2.6%.
Idaho Economic Overview