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Idaho is the fastest-growing state with the best economy since Trump occupied the White House in 2016.
Why? While President Trump is assailing globalists, the Gem State is embracing them https://trib.al/GccA0tc
Why? While President Trump is assailing globalists, the Gem State is embracing them https://trib.al/GccA0tc
Aside from growing some of the world's finest potatoes, Idaho increasingly relies on global trade for its America-leading combination of:
Job growth
Stock market gains
Home-price appreciation
Low mortgage delinquency
Tax revenue
http://trib.al/GccA0tc
Job growthStock market gainsHome-price appreciationLow mortgage delinquencyTax revenuehttp://trib.al/GccA0tc
Like its larger neighbors, Arizona and Utah, Idaho benefits from a growing, internationally minded population, which has surged 6.2% to 1.8 million since the end of 2016 http://trib.al/GccA0tc
Idaho has:
Chobani, the world's largest yogurt plant
J.R.Simplot's genetically engineered potatoes
A brand new medical school
An expanding aerospace industry
Since Trump's election, Idaho led the U.S. with an 8% rise in non-farm employees http://trib.al/GccA0tc
Chobani, the world's largest yogurt plantJ.R.Simplot's genetically engineered potatoesA brand new medical schoolAn expanding aerospace industrySince Trump's election, Idaho led the U.S. with an 8% rise in non-farm employees http://trib.al/GccA0tc
Among the small and large companies in the Russell 3000 Index, Idaho companies punched way above the state's weight with a four-year rally exceeded only by companies in:
California
Washington
Florida
Oregon
The District of Columbia
http://trib.al/GccA0tc
CaliforniaWashingtonFloridaOregonThe District of Columbiahttp://trib.al/GccA0tc
Boise-based Micron Technology, Idaho's largest publicly traded company, has 40,000 employees, a 27% increase since 2016.
Micron rallied 548% during the eight years of Barack Obama's presidency and Asia delivered 85% of Micron sales when Trump took office http://trib.al/GccA0tc
Micron rallied 548% during the eight years of Barack Obama's presidency and Asia delivered 85% of Micron sales when Trump took office http://trib.al/GccA0tc
But Idaho's No. 1 employer was caught in the crosshairs of his trade wars.
Huawei was among Micron’s largest customers, buying more than 10% of the chip maker’s products http://trib.al/GccA0tc
Huawei was among Micron’s largest customers, buying more than 10% of the chip maker’s products http://trib.al/GccA0tc
The disruption illustrates the extent to which Idaho has become a top-ranked state for global trade. Since 2016, here’s how imports climbed:
U.S.: 9.2%
Arizona: 35%
Utah:18%
Idaho: 14%
http://trib.al/GccA0tc
U.S.: 9.2%Arizona: 35%Utah:18%Idaho: 14%http://trib.al/GccA0tc
Utah’s and Arizona’s exports led the nation during the same period, rising 44% and 12%.
Idaho exports fell 30%, however, and Micron's revenue plummeted 23% in 2019 and declined 8% this year http://trib.al/GccA0tc
Idaho exports fell 30%, however, and Micron's revenue plummeted 23% in 2019 and declined 8% this year http://trib.al/GccA0tc
Idaho's traditional industries have prospered through globalization.
Even though Idaho is still Trump country, Republicans will find the state increasingly going the way of purple Arizona. Whose fault will it be when that happens? http://trib.al/GccA0tc
Even though Idaho is still Trump country, Republicans will find the state increasingly going the way of purple Arizona. Whose fault will it be when that happens? http://trib.al/GccA0tc
