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3107, 2020

July 2020 Economic Summary

July 31st, 2020|

Utah’s nonagricultural employment decreased an estimated 2.8%, or 43,100 jobs, between June 2019 and June 2020. Nationally, employment also decreased significantly, by 8.7% or 13.2 million jobs, between June 2019 and June 2020.

107, 2020

Salt Lake City Data Book 2020

July 1st, 2020|

Describing the characteristics of Salt Lake City’s population and households at the neighborhood level reveals much more about the diversity, opportunities, and challenges within its population than does a set of citywide metrics. The tables and maps in this data book provide many opportunities to understand the city’s diverse characteristics in great detail. Several variables included in this book have a visible geographic divide, with I-15 drawing a boundary that leaves City Council Districts 1 and 2 to the west and Districts 3 through 7 to the east.

2906, 2020

June 2020 Economic Summary

June 29th, 2020|

The impact of COVID-19 has significantly affected U.S. employment, GDP, and other economic factors. This report includes May data which reflect the effects of the social distancing mandate. While the Utah economy has not escaped these unique circumstances, the state has fared better than national average metrics.

2806, 2020

Ivory-Boyer Construction Report, First Quarter 2020

June 28th, 2020|

As this report reflects the first three months of 2020, the severe economic impacts of the COVID-19 health pandemic are not yet captured. Without knowing what lay ahead, based on first-quarter figures, one could have forecast 2020 as one of the best construction years on record. Total permitted construction value for the first quarter exceeded $2.5 billion, a record. This was led by a surge in the residential sector, with new permitted units increasing by 47.7% over last year, and a 46.5% increase in additions, alterations and repairs. However, as the impacts of the health pandemic continue to ravage the[...]

2206, 2020

Utah State and County Annual Population Estimates by Single Year of Age and Sex: 2010-2019

June 22nd, 2020|

Utah’s population grew by nearly 450 thousand people (about 16 percent) between 2010 and 2019. Cumulative natural increase (births minus deaths) accounts for 70 percent of the growth and net migration for 30 percent. Birth rates are falling, Utah’s population is aging, and Baby Boomers are retiring. The retirement age population (65 and older) grew by nearly 45 percent, while the youth population (under 18) grew by less than 10 percent.

2206, 2020

The Economic Impacts of Utah’s Manufacturing Industry, 2018

June 22nd, 2020|

Manufacturing is one of Utah’s largest industries, making significant contributions to the state’s economy. In 2018, the industry provided 7.0% of total employment, paid 9.6% of total earnings, and produced 11.0% of gross domestic product. Utah’s manufacturing industry continues to grow despite a nationwide slowdown; however, this growth is exceeded by growth in other industries. Within production occupations, there is an underrepresentation of women and an over-representation of minorities compared with other occupations. Overall, Utah’s manufacturing industry is a crucial component of the state’s economic health and prosperity.

206, 2020

May 2020 Economic Summary

June 2nd, 2020|

Utah’s nonagricultural employment has experienced a major decrease at an estimated 7.1%, or 110,900 jobs, between April 2019 and April 2020. Nationally, employment also decreased significantly, by 12.9% or 19.4 million jobs, between April 2019 and April 2020.