Bachelor's Degree or Higher for Idaho
GCT1502ID • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32.10
Year-over-Year Change
27.38%
Date Range
1/1/2006 - 1/1/2023
Summary
The 'Bachelor's Degree or Higher for Idaho' series measures the percentage of the adult population in Idaho who have attained at least a bachelor's degree. This metric is a key indicator of educational attainment and human capital in the state.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series tracks the share of Idaho's adult residents (aged 25 and over) who have completed a bachelor's degree or higher level of education. It provides insight into the state's workforce skills and qualifications, which are crucial factors for economic competitiveness and growth.
Methodology
The data is collected through the U.S. Census Bureau's American Community Survey.
Historical Context
Policymakers and economists use this metric to assess Idaho's talent pool and guide investments in education and workforce development.
Key Facts
- In 2021, 28.7% of Idaho's adult population had a bachelor's degree or higher.
- Idaho's bachelor's degree attainment rate lags the national average of 32.9%.
- Educational attainment varies significantly by region within Idaho.
FAQs
Q: What does this economic trend measure?
A: The 'Bachelor's Degree or Higher for Idaho' series tracks the percentage of Idaho's adult population that has attained at least a bachelor's degree.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the skills and qualifications of Idaho's workforce, which is a key factor for economic competitiveness and growth.
Q: How is this data collected or calculated?
A: The data is collected through the U.S. Census Bureau's American Community Survey.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Idaho's talent pool and guide investments in education and workforce development.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of approximately one year.
Related Trends
State Government Tax Collections, Property Taxes in Idaho
IDPROPTAX
Implicit Regional Price Deflator for Idaho
IDIRPD
Average Weekly Earnings of All Employees: Total Private in Idaho
SMU16000000500000011
Personal Consumption Expenditures: Total for Idaho
IDPCE
Gross Domestic Product: Wholesale Trade (42) in Idaho
IDWHOLENQGSP
State Government Tax Collections, Individual Income Taxes in Idaho
IDINCTAX
Citation
U.S. Federal Reserve, Bachelor's Degree or Higher for Idaho (GCT1502ID), retrieved from FRED.