Latest Research
Defining Utah’s Middle Class
At the request of the President’s Office at the University of Utah and in support of the Alliance for the American Dream, the Kem C. Gardner Policy Institute reviewed leading definitions of the middle class, with an emphasis on income-based measures. We estimated middle class income levels and populations for Utah and the U.S. for selected years since 1980. We expect these definitions and results will support efforts to create pathways to Utah’s middle class and improve stability for people already there.
September 2018 Economic Summary
The Utah economy remains healthy. Every major industrial sector expanded in 2017, contributing a total of 43,500 new jobs over the year. An annual employment growth rate of 3.1% is on par with the state’s long-term average and is among the strongest in the nation. In 2017, Utah’s construction sector posted the highest job growth with 5.4%.
Utah’s Strategic Clusters: Performance, Benefits, Workforce Needs, and Rural Utah
Utah’s six strategic clusters were designated in June 2005 and November 2006 and became the focus of economic development efforts. This report evaluates their performance before and since inception relative to the rest of the state’s economy and relative to their performance nationwide. It analyzes the clusters’ resilience during the Great Recession and its recovery, and assesses prospects for future growth. We also examine the economic benefits the clusters provide through their supply chain connections to the rest of the state’s economy. We analyze workforce needs by examining growth forecasts for the top occupations used by each cluster. We assess [...]
Ivory-Boyer Second Quarter 2018 Construction Report
The value of all permit authorized construction in Utah during the first half of 2018 was $4.3 billion. Residential construction has been the principle driver at $2.7 billion, a 15.9 percent increase from mid-year 2017. Similarly, the number of building permits for new residential permits is up 13.7 percent from 2017, with 12,772 permits issued statewide (Figure 1). Condominium, townhome, and duplex permits led the state in residential growth with a 25 percent increase in units from January through June 2018. Nonresidential construction experienced a 15.4 percent drop in value compared to mid-year 2017. Additions, alterations, and repairs experienced a [...]
August 2018 Economic Summary
The Utah economy remains healthy. Every major industrial sector expanded in 2017, contributing a total of 43,500 new jobs over the year. An annual employment growth rate of 3.1% is on par with the state’s long-term average and is among the strongest in the nation. In 2017, Utah’s construction sector posted the highest job growth with 5.4%.
Social Determinants of Health: Data Points
What are social determinants of health? The majority of a person's health is impacted by factors outside of the health care system: genetics, social, environmental, and behavioral. Social determinants of health are the conditions in which people are born, live, learn, work, and play that affect a wide range of health risks and outcomes. (HealthyPeople.gov)
Economic Impacts of Utah’s Life Sciences Industry
The Utah Governor’s Office of Economic Development (GOED) and BioUtah, the trade association for life sciences companies in the state, commissioned the Kem C. Gardner Policy Institute to analyze the role of the life sciences industry in Utah’s economy.
Fact Sheet: The Economic Contribution of Utah’s Life Science Industry
Utah’s life science industry comprises a diverse spectrum of economic activity, from research and development to manufacturing, providing goods, services, and technologies that advance personal health.
Salt Lake City’s Current Apartment Boom: An Analysis of Salt Lake City’s Record Apartment Growth
Salt Lake City continues to add new residents and surpassed the 200,000 resident milestone in 2017. Much of this increase is the result of the recent and significant construction of apartments. Strong demand for rental units in recent years has evolved Salt Lake City into a rental dominated market, with rentals accounting for over half of housing units. Salt Lake City’s population growth from 1990 to 2010 was primarily new populations of large, younger families moving into existing housing on the city’s west side, replacing aging smaller households. In contrast, population growth since 2010 has primarily been enabled by strong [...]
July 2018 Economic Summary
The Utah economy remains healthy. Every major industrial sector expanded in 2017, contributing a total of 43,500 new jobs over the year. An annual employment growth rate of 3.1% is on par with the state’s long-term average and is among the strongest in the nation. In 2017, Utah’s construction sector posted the highest job growth with 5.4%.
