Utah’s consumer sentiment fell 9.4% in October (from 76.3 in September to 69.1), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found that sentiment fell 6.0% among [...]
Net migration has become a more dependable contributor to population growth in Utah. A simulation of zero migration highlights what those contributions are—with Utah’s projected population being 1.4 million less, or 23% smaller, than the 2021 Vintage baseline projected population [...]
Visitors spent a record $11.98 billion in Utah’s economy in 2022, generating 152,800 total jobs and a record $2.12 billion in total state and local tax revenue. Utah ski resort visitation (7.1 million skier days) was at an all-time high [...]
The COVID-19 pandemic significantly accelerated growth in the number of Utahns working from home. In 2021, 1 in 5 (20%) Utahns worked from home, compared with fewer than one in thirteen (7.4%) in 2019.
The pandemic years created unmatched volatility in Utah’s housing market. The volatility in these past two years surpassed 50 years of housing history. Building permits for residential units increased by 26% in 2021, only to fall by 26% in 2022. [...]
The Utah's Changing Households Fact Sheet shows that the state was the fastest-growing in the country between 2010 and 2020, not only in total population but also in housing units and households.
Utah’s consumer sentiment rose 4.8% in September (from 71.5 in August to 76.3), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found that sentiment slightly fell among [...]
Fertility in the U.S. and Utah has steadily declined almost every year since the Great Recession in 2008. Final 2021 data revealed that the U.S. Total Fertility Rate (TFR) increased for the first time since 2014, along with 29 [...]
The Federal Medical Assistance Percentage (FMAP) is the share of Medicaid costs funded by the federal government.
Utah’s tourism economy has experienced a strong recovery since the pandemic more than three years ago. Visitor spending, jobs, and tax revenue have all surpassed pre-pandemic levels. Utah’s ski industry reported another record year, while the state’s “Mighty 5” national [...]
