Legislative committee requested Main Street perspective for its state calculations
As its name suggests, the Idaho Legislature’s Economic Outlook and Revenue Assessment Committee convenes early every year to get a crystal ball look ahead of returning lawmakers and to see if predictions align with those from the governor’s office.
Small businesses are the engine of every national, state, and local economy, and for that reason, committee legislators wanted to hear from NFIB/Idaho State Director Suzanne Budge, first and foremost, which is why she led off the committee’s January 5 hearing.
Budge walked committee members through a 19-slide presentation about what NFIB is, why its Small Business Economics Trends report is the international gold standard on America’s Main Street economy, reminded them why small businesses are not smaller versions of big businesses, and gave them an overview of what other research on the Idaho economy has revealed.
Budge’s analysis on where Idaho’s small-business economy stands now and where it’s headed can be heard on the 17-minute YouTube video below. The edited video is courtesy of the Digital Media Archive of the Idaho Legislature.