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2024 Idaho legislative session kicks off Jan. 8

2024 Idaho legislative session kicks off Jan. 8
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Idaho GDP - AG INFORMATION NETWORK OF THE WEST

When it comes to population, Idaho is a very small state. When it comes to agriculture, Idaho punches way above its weight.<p>Compared to much bigger states, “Idaho is a very small economy, but we have big agriculture,” University of Idaho Agricultural Economist Garth Taylor told lawmakers Jan. 5.<p>According to Taylor, Idaho is the fifth-largest agricultural state in the nation when it comes to a state’s gross domestic product generated from agriculture as a percentage of that state’s total GDP.<p>“We are the fifth-largest ag state in the nation in ag GDP percentage terms,” he said.<p>GDP measures the value of all goods and services produced. Taylor said that according to U.S. Department of Commerce and U.S. Bureau of Economic Analysis data, Idaho farm GDP grew by 120 percent from 1997-2021. During that same period, total Idaho GDP grew 80 percent and GDP from Idaho food manufacturing grew by 70 percent.<p>“Agriculture – farmers, not foo ....

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JFAC proposes voting change

BOISE — In the 2023 session, there’s a significant change being discussed for the Legislature’s budget-writing committee. ....

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Budget officials tackle uncertainty in predicting revenue

BOISE — Although no one at the Idaho Capitol can see into the future, lawmakers are tasked with doing the best they can each year as they try to predict ....

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Idaho farm cash receipts, net income hit record highs

Commodity prices, efficiency gains, offset high input costs. Dairy remains big contributor. ....

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