job gains | Layton City Economic Development

How’s Utah’s Economy Doing in 2025?

Economic News | Best Economic Outlook, Gross Domestic Product growth, job gains, Kem C. Gardner Policy Institute, Utah Economic Council, Utah economy, Utah Housing Supply

Wondering about the latest news surrounding Utah’s economy? Well, we’re pleased to report the Beehive State continues to demonstrate a strong and resilient economy, thanks to several notable achievements and ongoing developments in 2025: Economic Health and Outlook For the 18th consecutive year, Utah has been ranked as the state with the best economic outlook […]

Job Growth Remains Strong in Utah during High Inflation

Business Resources and Information, Economic Development, Economic News | Baby Boomers, Department of Workforce Services, job gains, job growth, labor market, Utah unemployment rate

July’s unemployment rate in Utah remains at a low 2.0%, unchanged across the past three months. The July national unemployment rate dropped to 3.5%. In a press release, Mark Knold, Chief Economist at the Department of Workforce Services (DWS) reported, “High inflation and now two consecutive quarters of declining national Gross Domestic Product (GDP) would […]