Our October survey of consumer sentiment—the first month this survey has been conducted—suggests sentiment may have a higher “level” in Utah than in the U.S., though we will need a few more months of data to confirm this. Table 1 [...]
Utah’s nonagricultural employment decreased by an estimated 1.6%, or 25,300 jobs, between August 2019 and August 2020. Nationally, employment decreased by 7.0%, or 10.5 million jobs, between August 2019 and August 2020.
Travel and tourism is one of Utah's top ten industries, supporting one in 11 Utah jobs and generating over a billion dollars in state and local tax revenue annually.
In 2019, travelers and tourists spent a record $10.06 billion in Utah. Nonresident visitors spent $8.62 billion of that, with the largest shares spent on transportation (including gasoline purchases, car rentals, transportation fares, and parking), lodging, and dining. Additional nonresident [...]
In this INFORMED DECISIONS™ election brief, we share insights in three areas of critical concern to Utahns: education funding, housing affordability, and the impact of COVID-19 on Utah’s economy. We will also host forums and candidate discussions as a companion [...]
The recent global health pandemic has shaken the foundation of our everyday lives and likely forced cultural shifts that will stay with us for a long time. Every part of the economy has been impacted to different degrees. While the [...]
The momentum of a record-setting first quarter continued into the second quarter of the year. While COVID-19 ravaged the economy and led to all-time high unemployment, construction activity held on. Total permit-authorized construction value in Utah during the first half [...]
Utah’s population continues to diversify. Between 2010 and 2019, the share of the population identifying as minority (something other than non-Hispanic White alone) increased from 19.5% to 22.2%. But the patterns are different at the county level. In 2019, the [...]
The impact of COVID-19 has significantly affected U.S. employment, GDP, and other economic factors. This report includes data from the first and second quarters of 2020 which reflect these effects. While the Utah economy has not escaped these unique circumstances, [...]
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
