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So far Nick Thiriot has created 868 blog entries.

Fact Sheet: The Economic Contribution of Utah’s Life Science Industry

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.

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Gardner Policy Institute expands professional staff

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. […]

January Economic Summary

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 [...]

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Peak Oil Theory Revisited

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 [...]

The SLC International Airport is a first-class gift to Utah’s economy

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. […]

Utah economy is booming. Is a slowdown on the horizon?

Utah's economy is booming; there's little doubt. But, there's a small but growing fear that we may be at the peak of that expansion. Juliette Tennert, Cheif Economist with the Kem C. Gardner Policy Institute, says Utah's economy has been expanding for 8 1/2 years, which is a remarkable run, but there is reason to [...]

Analysts mixed on Utah economic outlook for 2018

SALT LAKE CITY — A consensus of Utah economic analysts is predicting a measure of continued strength in the state's economy in the New Year. However, they don't all agree on the level of vitality Utahns should expect in the coming year. A panel of renown local economists offered their views on the state's perspective [...]

Fact Sheet: Utah at a Glance Fact

A summary document of the latest data on Utah's demographics and economy.

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Budgeting for the next downturn

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. […]

Utah: Scrabbling for Innovation absent a Crisis

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 [...]