The Kem C. Gardner Policy Institute has prepared an initial evaluation of census tracts within Utah with significant economic need and market potential. We conducted this research to help Gov. Gary Herbert make an informed decision as he designates “opportunity zones” in Utah as part of the Investing in Opportunity Act.
By: Dejan Eskic Innovate or die — that is the mantra of many of companies today. This is especially true in retail. Last year was the year of retail apocalypse with more than 5,000 store closures. This year, approximately 3,600 stores are expected to close their doors too. It is counterintuitive to have record store [...]
By: Marin Christensen The Kem C. Gardner Policy Institute has partnered with the Salt Lake Chamber to create CEOutlook, an economic confidence index informed by Utah’s leading business executives. The index is created by surveying these senior executives every quarter to “gauge the economic pulse of Utah’s business community.” Industries represented are chosen to proportionally [...]
The 2002 Olympic Winter Games enlarged the Utah economy and left a lasting economic legacy. This legacy continues to grow and change as the Utah economy matures in each subsequent year since the Games.
By: Thomas Holst Oil field metrics in the Uintah basin confirm a resurgence in oil and gas activity. The current Uintah basin rig count is 12, up from three a year ago. Operating permits issued to energy companies for exploration and production activity has also increased. This upswing in activity was triggered by a steady rise in oil prices to $64 per barrel from a low point of $30 per barrel in early 2016. […]
By: Natalie Gochnour In their recent book, “The New Localism: How Cities Can Thrive in the Age of Populism”, Bruce Katz and Jeremy Nowak detail how power in decision making has shifted downward from national-and-state-level governments to city-level and metropolitan communities. The Kem C. Gardner Policy Institute was pleased to host a conversation with Katz and Nowak, along with Salt Lake County Mayor Ben McAdams, in January 2018 as part of its series of Informed Decisions Seminars, to explore how this shift may affect the Wasatch Front and how we can embrace the change to build on new opportunities. […]
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 [...]