Idaho’s gross domestic product increased an estimated 2.8 percent in the second quarter of 2016, according to a Wednesday release from the Bureau of Economic Analysis at the U.S. Department of Commerce.
Analysts at the Idaho Department of Labor paid closer attention to the report than usual because the first quarter report showed the state economy declined by .2 percent, Labor research analyst supervisor Craig Shaul said. A second-consecutive quarterly decline would be, by definition, a recession.
“We were paying more attention to this report because the last one showed what might be a slowdown,” Shaul said.
Via the Idaho Statesman