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 […]
Read moreUtah consistently demonstrates strong economic performance, frequently securing top national rankings for overall economic outlook and Gross Domestic Product (GDP) growth. A recent in-depth analysis from the Economic Development Corporation of Utah (EDCUtah) and Utah industry association 47G, highlighted the significant economic impact of Utah’s aerospace and defense sector. In 2023, this industry alone accounted […]
Read moreUtah’s economy remains strong, despite low consumer confidence, according to the latest economic report by the Kem C. Gardner Policy Institute. The monthly report provides recent data on the state’s economic outlook and actionable framework for business and government decision-makers. Unemployment in Utah currently ranks third in the nation. Utah’s 2 percent unemployment rate is […]
Read moreThe Kem C. Gardner Policy Institute revealed that Utah’s defense industry is a vital component of the state’s diverse economy — generating over $19 billion in economic activity. The state’s local defense industry currently supports around 211,000 jobs (a number that has nearly doubled since 2015). Credit for the most significant share of growth goes […]
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