As a large share of Utah’s state budget and a key input to economic development, higher education plays a significant role in the Utah economy and is associated with many individual and societal benefits.
Until the supply side of the economy wakes up and catches up with the fast-reviving demand side coming out of the pandemic, the economic statistics will undoubtedly hold more surprises...But there is money to be made. And, if history is [...]
Utah's housing market faces a severe imbalance that creates record price increases for homeowners and renters. The COVID-19 pandemic made the housing shortage worse by disrupting supply chains for building materials and distorting demand through lower interest rates and increased [...]
Construction activity continued its record-breaking momentum into the second quarter of 2021. As the economy recovered, the rebound in commercial activity added to the record-setting residential market. The total permit-authorized construction value in Utah during the first half of 2021 [...]
Utah's defense industry is an integral component of the state's diverse economy, contributing over $19 billion in economic activity.
Utah’s mature life sciences industry continues to experience strong growth relative to nationwide trends, even during recessions. Newly released data show that employment trends the Gardner Institute first identified through 2017 persisted into the pandemic. The number of life sciences jobs in Utah jumped 7.2% [...]
The 2020 Census results confirmed what Utah residents already sensed: the Beehive State grew faster than any state in the country over the past decade, more than doubling the national growth rate. Growth brings opportunity, but it also brings challenges, [...]
Public asset development rose to national awareness with the publication of The Public Wealth of Cities by Dag Detter and Stephen Fölster in 2017. Detter and Fölster, among others, offer the asset inventorying process as a public finance tool to [...]
This research brief examines 2020 retail trade sales in the context of long-term historical trends in sales activity. A seemingly straightforward comparative analysis of yearly sales, however, was complicated by data comparability issues. Hence, care was taken to ensure an [...]
Construction activity continued its record-setting pace in an unconventional economic environment. Through the first three months of 2021 total permitted construction value reached $3.4 billion, a record and a 37.1% increase over the same time period from 2020. The record-breaking [...]
Thomas S. Monson Center
411 E South Temple
Salt Lake City, Ut 84111
Thomas S. Monson Center
411 E South Temple
Salt Lake City, Ut 84111
