Boise City Area Economic Summary Updated June 28, 2017 This summary presents a sampling of economic information for the area; supplemental data are provided for regions and the nation. Subjects include unemployment, employment, wages, prices, spending, and benefits. All data are not seasonally adjusted and some may be subject to revision. Area definitions may differ by subject. For more area summaries and geographic definitions, see www.bls.gov/regions/economic-summaries.htm. Unemployment rates for the Boise City area, selected area counties, and the nation Average weekly wages for all industries by county Boise City area, 4th quarter 2016 (U.S. = $1,067; Area = $878) Unemployment rates 4.5 United States 4.1 3.3 Boise City area 2.7 2.9 Ada Co. 2.5 3.9 Canyon Co. 3.1 4.1 Gem Co. 3.4 4.0 Owyhee Co. 0.0 3.1 2.0 4.0 May-16 6.0 May-17 Source: U.S. BLS, Local Area Unemployment Statistics. Source: U.S. BLS, Quarterly Census of Employment and Wages. Over-the-year changes in employment on nonfarm payrolls and employment by major industry sector 12-month percent changes in employment Percent Boise City area employment (numbers in thousands) 6.0 5.0 4.0 3.0 2.0 1.0 0.0 May-14 Boise City area May-15 United States May-16 Source: U.S. BLS, Current Employment Statistics. May-17 Total nonfarm Mining, logging, and construction Manufacturing Trade, transportation, and utilities Information Financial activities Professional and business services Education and health services Leisure and hospitality Other services Government Change from May May 2017 2016 to May 2017 Number Percent 11.3 1.0 -0.3 2.4 0.1 1.3 1.4 2.2 0.3 0.5 2.4 3.7 5.0 -1.1 4.1 2.1 7.7 3.1 4.8 1.0 4.6 5.2 316.5 20.9 25.8 61.5 4.8 18.1 46.2 48.1 31.0 11.4 48.7 Source: U.S. BLS, Current Employment Statistics. • www.bls.gov/ro6 Over-the-year changes in the selling prices received by producers for selected industries nationwide Over-the-year change in the prices paid by urban consumers for selected categories 12-month percent change in CPI-U, May 2017 8.0 West region U.S. city average 6.0 6.0 6.1 5.4 4.0 2.0 4.0 2.6 2.0 0.0 12-month percent changes in PPI Percent 8.0 0.0 1.9 1.2 All Items -2.0 0.9 Food General freight trucking Hospitals Hotels (exc casino hotels) and motels -4.0 Energy -6.0 May-14 Source: U.S. BLS, Consumer Price Index. Average annual spending and percent distribution for selected categories West Region average annual expenditures 2015 May-15 Housing $20,716 33.8% Healthcare $4,221 6.9% Personal insurance & pensions $7,098 11.6% Food $7,776 12.7% Transportation $9,640 15.7% Total: $61,244 Employer costs per hour worked for wages and selected employee benefits by geographic division Total compensation Wages and salaries Total benefits Paid leave Vacation Supplemental pay Insurance Retirement and savings Legally required benefits Boise City area United States Total, all occupations $20.69 $23.86 Electrical engineers 43.13 47.41 Dental hygienists 35.31 35.31 Hydrologists 35.14 40.26 Accountants and auditors 32.76 36.89 Registered nurses 30.91 34.70 Rehabilitation counselors 25.63 18.62 Sheet metal workers 16.64 24.56 Customer service representatives 15.00 16.91 Construction laborers 14.11 18.22 Retail salespersons 13.56 13.07 Personal care aides 10.34 10.92 8.61 9.89 Cooks, fast food Source: U.S. BLS, Occupational Employment Statistics, May 2016. Source: U.S. BLS, Consumer Expenditure Survey. Private industry, March 2017 May-17 Average hourly wages for selected occupations Occupation All other $11,793 19.3% May-16 Source: U.S. BLS, Producer Price Index. Mountain (1) $29.36 21.22 8.13 1.83 0.95 0.77 2.14 1.04 2.35 (1) Mountain includes AZ, CO, ID, MT, NM, NV, UT, and WY. Source: U.S. BLS, Employer Costs for Employee Compensation. United States $33.11 23.06 10.06 2.30 1.18 1.17 2.65 1.34 2.60 Over-the-year changes in wages and salaries Percent 3.5 12-month percent changes in ECI 3.0 2.5 2.0 1.5 1.0 0.5 0.0 Mar-14 Mountain Mar-15 Source: U.S. BLS, Employment Cost Index. Western Information Office • [email protected] • https://www.bls.gov/regions/west • 415-625-2270 United States Mar-16 Mar-17
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