The defense industry continues to play a significant role in Utah's economy. Research released Thursday by the Kem C. Gardner Policy Institute showed the defense industry directly and indirectly supported 109,000 jobs, almost 6 percent of the state total. The $9.2 billion in economic activity it generated represented 6.2 percent of Utah's gross domestic product, [...]
Utah’s defense industry directly and indirectly supported more than 109,000 jobs and $9.2 billion in economic activity in 2015
May 4, 2017 – Utah’s defense industry directly and indirectly supported more than 109,000 jobs and $9.2 billion in economic activity in the state during 2015, according to new research released by the Kem C. Gardner Policy Institute at the University of Utah. That year, federal defense spending was responsible for 5.8 percent of Utah’s [...]
The Utah Defense Alliance and the Utah Department of Veterans and Military Affairs commissioned the Kem C. Gardner Policy Institute to assess the economic impacts of Utah’s defense industry. The Gardner Policy Institute analyzed the impacts of current operations of Hill Air Force Base, Dugway Proving Ground, Tooele Army Depot, the Utah National Guard, reserves, [...]
Utah’s nonagricultural employment increased an estimated 3.2%, or 45,300 jobs, between March 2016 and March 2017. Nationally, employment increased 1.5%, or 2.2 million jobs, between March 2016 and March 2017.
The Beehive State stands as an example for the nation when it comes to a premier business climate, innovative policies and economic growth. Utah's success is no accident. In fact, the state’s culture of collaboration has been vital in addressing the challenges of an increasingly competitive global economy. Utah is showing the world what’s possible [...]