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Revenue from Idaho entrepreneurs jumps more than 36 percent since 2001

August 1, 2008 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.

Revenue generated by entrepreneurs in Idaho jumped more than 36 percent during the economic expansion after the 2001 national recession.

The U.S. Census Bureau estimated Friday that the state’s non-employee businesses generated over $4.6 billion in revenue in 2006, up 35 percent from $3.4 billion in 2002. It was the fifth fastest rate of growth among the states. Nationally, revenues from non-employee businesses were up 26 percent.

The significant increase in revenue from these businesses -– entrepreneurs often operating from their homes, small store fronts or their pickup trucks –- came from a combination of rising average receipts and a significant increase in the number.

Joe Estrella – [email protected]

Full Story: http://www.idahostatesman.com/business/story/457773.html