Economics

20th Anniversary Idaho Economic Snapshot

Since becoming part of the Idaho community in 1997, Zions Bank has been an important partner in the state’s economic development and growth. In that time, Idaho has experienced tremendous change and has transformed into one of the fastest growing economies in the nation.

Robert Spendlove and Joseph Mayans Jun 30, 2017

Since becoming part of the Idaho community in 1997, Zions Bank has been an important partner in the state’s economic development and growth. In that time, Idaho has experienced tremendous change and has transformed into one of the fastest growing economies in the nation. In addition to its population growing by nearly 40 percent, the state has added more than 200,000 jobs – with the education and health services, and professional and business services sectors fueling the majority of the rise. Also, Idaho’s unemployment rate has consistently bested national averages and is currently near decade lows at 3.2 percent. The state’s economic diversity has grown as well, a fact that can be seen in its exports, where the transportation equipment, chemical, and minerals industries have expanded and gained share. While the successes over the last 20 years have given Idaho and Zions Bank much to celebrate, the next 20 years appear even brighter.

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