© 2024 Boise State Public Radio
NPR in Idaho
Play Live Radio
Next Up:
0:00 0:00
Available On Air Stations
A regional collaboration of public media stations that serve the Rocky Mountain States of Colorado, Idaho, Nevada, New Mexico, Utah and Wyoming.

Western States Growing Faster Than Average Since Great Recession

Pew Charitable Trusts

Since the Great Recession, personal income and jobs have grown across the country and throughout our region. But that growth is uneven.

Ever since the Great Recession began at the end of 2007, the U.S. has seen personal income grow at an annual rate of 1.9 percent. That's according to a report released this month by Pew Charitable Trusts.

In our region, Utah, Colorado, Idaho and Montana have all seen personal income rise well above average, while Nevada and Wyoming saw slower than average growth.

"The primary reason for this has to do with our ability to connect to larger markets, where there's other people, where there's banking infrastructure, and where the labor market is," says Ray Rasker, executive director of Headwaters Economics, an independent, nonpartisan research group based in Montana.

"So if you're in a city that has an airport, you have a distinct advantage," he says.

Personal income measures both wages from labor and non-labor sources, like government benefits and investment gains--which all have been growing in the West.

This story was produced by the Mountain West News Bureau, a collaboration between Wyoming Public Media, Boise State Public Radio in Idaho, KUER in Salt Lake City, KUNR in Nevada, and KRCC and KUNC in Colorado.

Copyright 2021 KUNR Public Radio. To see more, visit KUNR Public Radio.

Noah Glick is from the small town of Auburn, Indiana and comes to KUNR from the Bay Area, where he spent his post-college years learning to ride his bike up huge hills. He’s always had a love for radio, but his true passion for public radio began when he discovered KQED in San Francisco. Along with a drive to discover the truth and a degree in Journalism from Ball State University, he hopes to bring a fresh perspective to local news coverage.

You make stories like this possible.

The biggest portion of Boise State Public Radio's funding comes from readers like you who value fact-based journalism and trustworthy information.

Your donation today helps make our local reporting free for our entire community.