Recently, Kaiser Family Foundation release a report listing Idaho as number 3 in the nation. This is based on three key numbers. One in every 479 homes are in some stage of foreclosure. Our unemployment numbers show that we have almost doubled in a year. Additionally there is a 25% increase in food stamp usage. A year ago, Idaho was among one of the fastest growing states. What a difference a year can make. The housing industry sustained our economy and as this downturn continues, the ramifications are spiraling out to the hospitality trade, retail, banking, and etc.
Our state legislators are grappling with cuts, continued bad news regarding revenue, and how to stimulate our local economies. Got a suggestion, idea, or issue, take a moment and email your legislator. Contact info is on the sidebar. It will take all of us to get us back on track.
Check out the state-by-state statistics here.
Monday, February 9, 2009
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