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January, 2012 Issue, Section A: Lower Mainland and Vancouver Island

 

January, 2012 Issue, Section B: Interior British Columbia, Alberta, Saskatchewan, Manitoba, Franchises and Lifestyle Properties

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Border state study reveals how the U.S. recession has spread into the heartland

BY WI STAFF

Commercial construction is down in Boise amid a glut of emply space.

Last month the Pacific Northwest Economic Region held its annual summit in Calgary and topping the agenda for some B.C. and Alberta reps was the current economic state of Idaho, which not only shares a border but accounts for more than $1 billion in two-way annual trade with Western Canada.

It is a troubling read, and an indication of how far the U.S. economy is from a full recovery.

With a population of 1.5 million and covering 82.7 million square miles, the 23rd-largest U.S state is anchored in agriculture and stuck in recession. It is also a net importer of energy, most of which is from Canada, and a bellwether for the state of the Midwest economy.

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