Utah economy | Layton City Economic Development

Why Utah is a Great Place to Move Your Business

Business Resources and Information, Economic Development, Economic News | Bankrate.com, ConsumerAffairs, Inc. Magazine, Schweitzer Engineering Laboratories, strong economy, supportive infrastructure, talented workforce, tax incentives, U.S. News & World Report, Utah economy, WalletHub

Utah is a prime location for businesses of all sizes, thanks to its supportive environment and strong economy. Here’s why Utah should be at the top of your list. Top Rankings — Utah has been consistently recognized by leading publications for its business-friendly climate: WalletHub ranked Utah #3 in the nation for startup success. […]

Utah Tops 10 Best States to Live in During 2024

Economic Development, Economic News, Outdoor Recreation | affordable life cost, Best States to Live In, job market, MSN.com News, safe neighborhoods, Utah, Utah economy, Utah outdoors

The MSN.com News Travel section recently placed Utah at the top of its “10 Of the Best States to Live In During 2024” report. The news organization’s editors said: “Utah offers a high quality of life with a strong job market, low crime rates, and stunning natural beauty. It’s a great place for outdoor activities […]

Utah Achieves Top Ranking in “2023 Happiest States in America”

Community Development, Economic News, Outdoor Recreation | community, family values, Happiest States in America, low cost of living, Utah, Utah economy, Utah outdoors, WalletHub

Utah was recently ranked No. 1 in WalletHub’s “2023 Happiest States in America” report. Adam McCann, WalletHub Financial Writer, said: “Even though people across the U.S. are facing difficult times, the state in which you live may have an impact on how happy you are. In this study, WalletHub drew upon the findings of ‘happiness’ […]

Impact of Baby Boomer Retirements Projected to be less Significant in Utah

Economic News | Baby Boomer departures, Baby Boomers, brain drain, educated workforce, talent-ready workforce, U.S. Department of Labor, Utah Department of Workforce Service, Utah economy

The nation’s Baby Boomers, those born between the years 1946-1964, are a vital part of Utah’s economic success. This generation has been a strong factor in labor markets and their impending retirement could be significant. The U.S. Department of Labor estimated the majority of the working baby boomer generation would retire between the years 2016 […]

Utah Shows no Signs of Economic Decline: Jobless Rate at 2.3%

Economic Development, Economic News | DWS, Utah Department of Workforce Services, Utah economy, Utah low unemployment, Utah young workforce

In spite of financial data indicating a slowing economy, Utah’s unemployment rate held at a low 2.3 percent during the month of May. Meanwhile, the national rate for unemployment rose to 3.7 percent from April. The May number indicates about 42,000 Utahns are currently jobless, according to a new report by the Utah Department of […]

Utah Ranked Among Nation’s Top Economies

HUD Funding and Other Local Resources | AAA bond rating, affordable office space, business creation, business-friendly, economic opportunity, Governor Spencer J. Cox, nation’s best economy, skilled workers, Top Economies, U.S. News & World Report, Utah economy, WalletHub

Governor Spencer J. Cox recently said Utah has the best economy in the nation and he isn’t bragging. The state continues to lead at the forefront of innovative economic opportunity initiatives. Its list of honors is impressive, including being the best-managed state in America and the number one state for economic outlook and recovery. Utah […]