In the first quarter of 2016, personal income in Idaho grew by 0.7 percent, according to the U.S. Bureau of Labor Statistics. This ranks the state 38th in the nation when it comes to annualized personal income growth. But the state is still below the national average of 1 percent growth in personal income.
In the most recent quarter, the biggest contributors to this personal income growth were the farming industry followed by health care. The construction industry gave the third biggest boost to incomes across Idaho.
When looking at the annual data, however, farming saw a significant dip in its contribution to personal income. Between the fourth quarter of 2015 and the first quarter of 2016, total earnings in the farm industry dipped by about $279 million.
Health care workers came away the biggest winners, with incomes to these workers increasing by a statewide total of about $86 million.
Nationwide, personal income grew 1 percent on average in the first quarter of 2016, the same pace as in the fourth quarter of 2015, according to estimates released this week by the U.S. Bureau of Economic Analysis.
Personal income grew in every state except Wyoming and North Dakota. First-quarter personal income growth rates ranged from -1.3 percent in North Dakota to 1.5 percent in Washington.
Overall, U.S. earnings increased 1.1 percent in the first quarter of 2016 and were the leading contributor to growth in personal income in most states.
Earnings in Washington grew 2.1 percent, faster than in any other state, largely due to stock grants in the information sector.
Growth in construction earnings was the leading contributor to above average earnings growth in Utah.
For the nation, earnings grew in 22 of the 24 industries for which the Bureau of Economic Analysis prepares quarterly estimates. Health care, construction, and professional services were the leading contributors to overall growth in personal income.
Farm earnings declined 3.5 percent in the first quarter, after falling 9.2 percent in the fourth quarter of 2015.
The decline in farm earnings was the leading contributor to below average income growth in five Plains region states — Iowa, Minnesota, Nebraska, North Dakota, and South Dakota.
Mining earnings declined 4.4 percent in the first quarter of 2016, the fifth consecutive quarterly decline. That was a major contributor to declining incomes in Wyoming and North Dakota.
Since peaking in the fourth quarter of 2014, mining earnings have declined 15.8 percent nationally, 21.8 percent in Wyoming and 44.7 percent in North Dakota.
The next quarterly state personal income data will be released Sept. 28 for the second quarter of 2016.



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