The state of Utah is number one, and continues to lead with its growing economy. Utah’s economy ranks No. 1 among all 50 states, according to rankings just released by U.S. News & World Report, a global authority in economic rankings. The publication’s rankings are based on about 70 metrics and thousands of data points […]
Read moreRecently, U.S. News and World Report issued its economic rankings, measuring each state’s economic stability and potential. Utah secured the top spot overall with a population of about 3,206,000 people and a GDP of $193 Billion. The U.S. experienced around 11 years of economic expansion before the coronavirus hit. National unemployment dropped to a record […]
Read moreAlmost two years ago, the U.S. lost more than 22 million jobs in March and April of 2020. At the end of 2021, there were still 3.6 million fewer positions than in February 2020, before the COVID-19 pandemic hit. On the flip side, as of November, 2021, the latest available state-level data, Utah had 61,000 […]
Read moreIn spite of difficulties brought on by the COVID pandemic, the outlook for Utah’s economy is bright. As national economic reports are coming in after the pandemic, Utah is still recognized as one of the strongest economies in the country. The Beehive state is still one of the best places to do business. Utah has […]
Read moreUtah’s population is projected to increase from approximately 3.34 million in 2021 to 5.8 million in 2065 according to the Kem C. Gardner Policy Institute. Though growth rates are projected to decelerate over the next 50 years, they are also projected to exceed national growth rates by nearly 1%. Natural increase (births minus deaths) is […]
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