Idaho State Profile

Governor orders more spending cuts and uses reserves to cover budget shortfall; Idaho bucks national trend and resists raising taxes during downturned economy; state borrows from federal government to cover unemployment benefit costs.

• State job growth fell 5.5% in August 2009 from a year ago; national job growth fell 4.4%.
• State unemployment averaged 8.9% in August 2009; the national average was 9.7%
• Personal income fell 3.4% to $48.9 billion in Q2 2009 from a year ago.
• Tax revenue fell 21.4% in Q2 2009 from the previous year.
• Exports fell 32.3% to $2 billion in the first seven months of 2009 from a year ago.