WalletHub | Layton City Economic Development

Utah Ranked No. 2 by WalletHub as Best State to Start a Business

Economic Development, Economic News | accessible financing, available financing, economic resilience, educated workforce, low corporate tax rates, Reasonable real estate costs, tech-savvy ecosystem, Utah businesses, WalletHub

There is never a better time to launch a venture in Utah. According to a 2026 study by WalletHub, Utah ranks as the No. 2 best state to start a business, distinguished by its economic resilience, accessible financing, and a tech-savvy ecosystem that fuels innovation. Startup Challenges While the entrepreneurial spirit is strong, the statistics […]

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 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’ […]

Utah Cities Dominate Rankings-Best Small Cities to Start Business

Economic News | Best & Worst Small Cities to Start a Business, business-friendliness, lower overhead costs, new businesses, small businesses, small city benefits, startups, WalletHub

The state of Utah dominates a new list of small cities that are the best in the nation for starting a business. The annual list, “2023’s Best & Worst Small Cities to Start a Business,” was recently released by personal-finance website WalletHub. The report shows that among the top small cities in the U.S. for […]

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 […]

Layton City Ranked in WalletHub Small Business Top 25

Economic Development, Economic News | Best Small Cities, entrepreneurs, Layton City, new business owners, Small Business, WalletHub

Layton City was recently ranked number 23 in WalletHub’s “2021’s Best & Worst Small Cities for Starting a Business” report. The staff at WalletHub believe that when entrepreneurs choose a city in which to launch a startup, bigger is not always better. A city with a smaller population offers a greater chance of success, depending […]