Idaho Economic Outlook 2026
GDP growth, unemployment, tariff impacts, and economic forecast for Idaho heading into the 2026 elections.
3.8%
GDP Growth Rate
2.9%
Unemployment Rate
Surplus
State Budget Outlook
Growing
Job Growth Forecast
2026 Economic Overview
Idaho’s rapid growth creates economic winners and losers. Property tax relief is a top 2026 issue. Micron’s semiconductor investment creates bipartisan support for CHIPS Act funding.
Key Economic Indicators
| Indicator | Value / Status |
|---|---|
| GDP Growth Rate | 3.8% |
| Unemployment Rate | 2.9% |
| Top Economic Sector | Agriculture, Tech, Manufacturing |
| State Budget Outlook | Surplus |
| Job Growth Forecast | Growing |
| Tariff Impact | Moderate — ag exports face retaliation; Micron semiconductor benefits from CHIPS |
| Key Economic Risk | Property tax burden from rapid appreciation; water rights for agriculture |