News
U.S. home prices went through the roof in 2021
Posted 1/3/2022 5:49:00 PM
Home prices have been on a tear during the pandemic. A new report out Tuesday shows home prices nationally are up 19% in a single year. Steve Peterson, professor of economics at U of I, comments for NPR. Read more
Health care system remains vulnerable
Posted 11/10/2021 8:38:00 PM
At a panel discussion on the community's response to COVID-19 hosted by the University of Idaho Economics Club, Gritman Medical Center CEO Kara Besst said that patients suffering with a heart attack or injuries from a car accident may continue to have difficulties finding a hospital that can care for them. Read more
Hacking For Homebuilding Winners Announced
Posted 10/25/2021 8:49:00 PM
A University of Idaho student team was among the winners of the Hacking for Homebuilding competition at Boise Entrepreneur Week. Their project, VandalEyes, is a security system focused on jobsite security to protect contractors and builders from things walking off the jobsite, which increases the cost of the home and delays. Read more
Restaurant workers endure pushback during pandemic
Posted 10/13/2021 5:02:00 PM
In what has been a tumultuous time for many, food service workers in the Treasure Valley have had to navigate a complicated series of issues. The coronavirus has affected nearly every business and local restaurant, and their workers are no different. Many businesses are experiencing a labor shortage and other underlying problems. Eric Stuen, associate professor economics at the University of Idaho, discussed the issue with the Idaho Press. Read more
Economic Contributions of Vandal Athletics
Posted 8/23/2021 5:44:00 PM
The Moscow Chamber of Commerce has released a study on the Economic Contributions of Vandal Athletics, conducted by Vandal Student Enterprises in the College of Business and Economics and sponsored by the Chamber and the University of Idaho. The study investigates the economic contributions of the UI Athletic program on the Latah County regional economy while also examining the broader role of Vandal Athletics within the UI community. Read more
Restaurants heavily impacted by labor shortages
Posted 8/17/2021 5:02:00 PM
While total employment in the state is comparable to pre-pandemic figures, one expert from the University of Idaho says the pandemic has changed the way people search for jobs. “There are a number of factors at play,” said Terry Grieb, University of Idaho professor of finance. “The things that drive employment and unemployment vary in any region. It’s hard to point to certain specific things.” Read more
Worker housing one hot topic
Posted 8/12/2021 5:58:00 PM
Two University of Idaho professors, Steven Peterson and Tim Nadreau, are taking a stab at assessing trends in regional housing through a study funded by the Panhandle Affordable Housing Alliance and Coeur d'Alene Economic Development Council. Read more
As Ada County home prices rise, so has the number of million-dollar homes
Posted 8/12/2021 5:51:00 PM
As home prices in the Treasure Valley have risen sharply in recent years, so has the number of homes sold for $1 million or more. University of Idaho economist Steve Peterson discusses the trend with Idaho Press. Read more
U of I Students Win $31,000 for Business Proposals
Posted 4/14/2021 8:14:00 PM
MOSCOW, Idaho — April 14, 2021 — Six of the 10 University of Idaho student teams that pitched business proposals during the online Idaho Entrepreneur Challenge won a total of $31,000 in cash prizes. Read more
U of I Stock Market Expert, Students Give Insight on Wild Rise of GameStop’s Stocks
Posted 2/1/2021 8:03:00 PM
This story produced by Joe Parris was aired by KTVB-7 in Boise on Jan. 28. BOISE, Idaho — People looking to get into the stock market flooded onto the r/WallStreetBets Reddit page looking to get in on huge growth on stocks in the last week, with chatter on the forum helping lead GameStop's stock to skyrocket. “When you see volatility it’s a chance to make money on the upside and the downside and that’s exactly what’s going on right now,” said Dr. Read more