Idaho’s Economy Improving

Finally, some relief.After months of wading through a recessionary mud pit, Idaho’s economy is showing faint signs of pulling itself out of the mire. Consider:

Idaho’s jobless rate hit a two-year low of 8.5 percent in November, down from an all-time record of 9.7 percent in March.

Sales tax collections, while falling short of state projections, are at least rising with inflation and not sliding backward.

Southwest Idaho car dealers are reporting new-car sales are up 20 percent from October 2010 to October 2011.

Ada County’s monthly home sales in 2011 have outpaced sales in the comparable 2010 months since July, according to the Intermountain Multiple Listing Service.

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Full Story from the Idaho Statesman

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