Utah’s life science industry comprises a diverse spectrum of economic activity, from research and development to manufacturing, providing goods, services, and technologies that advance personal health.
Institute adds depth in energy, construction, economics and public policy Feb. 15 (Salt Lake City) – The Kem C. Gardner Policy Institute today announced new and expanded staff positions that will strengthen the research capacities of the institute and better serve Utah decision makers. Together, the new staff add over 100 years of public policy experience to an already deep and talented staff. […]
The Utah economy remains healthy. Every major industrial sector expanded in 2017, contributing a total of 43,500 new jobs over the year. An annual employment growth rate of 3.1% is on par with the state’s long-term average and is among the strongest in the nation. In 2017, Utah’s construction sector posted the highest job growth [...]
By: Thomas Holst, M.B.A. The term “peak oil” is part of geologist M. King Hubbert's theory developed in 1956 describing the point in time when the maximum rate of global crude oil production is reached, after which crude oil production would enter into terminal decline. Hubbert’s peak oil theory gained traction when he correctly predicted that U.S. crude oil production would [...]
By: Natalie Gochnour Originally published in the Deseret News I just completed eight years of service on the Salt Lake City International Airport Board. During this time, I observed air traffic controllers doing their stressful work, TSA officers screening luggage in their high-tech monitoring area, airline employees supervising the automated luggage sorting system, airport police working with their bomb-detecting dogs, a wildlife officer keeping birds away from the jets using pyrotechnics and raptor traps and the incredible airport staff servicing more than 23 million travelers annually. The SLC Airport is a wonder to behold. […]
A summary document of the latest data on Utah's demographics and economy.
By: Jonathan Ball, Legislative Fiscal Analyst, and Jennifer L. Robinson, Associate Director, Kem C. Gardner Policy Institute One lesson state budget inquisitors can learn from living through two recessions – including one labeled as “great” – is that it is never too soon to start planning for the next one. This is not the result of strategic policy formulation, long-term planning, or some arcane academic theory – it’s simply for self-preservation. Yet, a recent panel on budgeting at the Western Political Science Association, in which we participated with our colleagues from across the West, demonstrated that some states haven’t learned that lesson. […]
The 2017 Utah legislative session, an intensely busy 45 days, focused heavily on tax reform, funding of public schools, and addressing the state’s homeless crisis. At the conclusion of the session, the FY18 budget totaled $16.2 billion, a seven percent increase over the FY17 budget. Public schools received a large increase in funding—in total a [...]