Policy Brief: Housing Prices and Affordability
In 2022, higher home prices and a doubling of the mortgage rate combined to erode housing affordability. Thus, homeownership has become more difficult for many of Utah’s 333,000 renter households.
In 2022, higher home prices and a doubling of the mortgage rate combined to erode housing affordability. Thus, homeownership has become more difficult for many of Utah’s 333,000 renter households.
Utah’s travel and tourism industry has experienced a healthy post-pandemic recovery, yet continues to face a service industry labor shortage, stunted international visitation, and inflationary headwinds.
As the need for family caregiving is expected to grow over the next decade, there are concerns about the mental and physical toll it places on Utah’s caregivers.
This Data Compendium provides supplementary data, definitions, and focus group summaries for the companion report, “A Business Vision for Utah’s Energy Future.” This companion report can be accessed on the Salt Lake Chamber or Kem C. Gardner Policy Institute website.
Utah's business community envisions an energy future that places Utah at the center of the nation's energy transition by harmonizing environmental and economic progress to ensure a balanced low carbon energy future that remains affordable, reliable, and sustainable.
During the first six months of 2022, total permitted construction value reached $7.23 billion, a 1.8% decrease over the same time period from 2021 (see Table 1). However, when controlling for inflation, the construction value decreased 6.0% (see Figure 1). [...]
The demand for rental housing increased during the COVID-19 pandemic, resulting in higher rental rates across the Wasatch Front.
After three years of increases, permitted construction value decreased between 2021 Q1 and 2022 Q1. During the first three months of 2022, total permitted construction value reached $3.46 billion, a 2.2% decrease over the same time period from 2021.
Washington County's arts, culture, and entertainment industry (cultural industry) is comprised of a variety of industries, including jobs in the areas of design, entertainment, fashion, film, humanities, live events, museums, and traditional arts.
Salt Lake County's arts, culture, and entertainment industry cultural industry) is comprised of a variety of industries, including jobs in the areas of design, entertainment, fashion, film, humanities, live events, museums, and traditional arts.