Key Facts
- Per Capita Real GDP
- $29,843 Rank: 44/50 (2007)
- Population
- 1,523,820 Rank: 39/50 (2008)
- Per Capita Personal Income
- $29,952 Rank: 43/50 (2006)
- Unemployment Rate
- 2.80% Rank: 3/50 (2008)
- Business Tax Climate Index
- Rank: 31/50 (2008)
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Idaho: Introduction
Idaho is located in the northwestern United States. Idaho is the 14th largest state but has the 11th smallest population, as much of the state is covered by impassable mountain ranges. Idaho is quite possibly the most geographically diverse state in the country. From jagged mountains, to dense forests, scenic lakes, winding rivers, and deep gorges, Idaho boasts a picturesque and unique landscape. Dropping nearly 8,000 feet below the mountains, Hells Canyon is the deepest gorge in North America. The Snake River cascades over the Shoshone Falls, which at 212 feet are taller than the Niagara Falls.
Throughout its history Idaho has undergone a number of economic transitions. The area was originally used for fur trading, but by the mid 19th century the animals had been depleted. The discovery of gold in 1860 shifted the economy towards mining. Later the lumber industry took over dominance of the state economy, with the rise of agriculture following shortly thereafter. Today’s economy is driven by manufacturing, agriculture, mining, and services.
Idaho also contains a vast amount of farmland, where its main crop is the world famous Idaho potato. Idaho is by far the United States’ leading producer of potatoes. Cattle and dairy goods are other leading agricultural contributors to the state’s economy. Manufactured goods also make up a large portion of Idaho’s income, with the production of computer components, processed foods, and timber leading the way. Tourism is constantly growing and Sun Valley leads the way as an extremely popular mountain resort city attracting both winter and summer athletes.

