The Gardner Policy Institute provides data-driven, context-specific insights about Utah’s economy. We prepare in-depth studies on key Utah issues in partnership with stakeholders in the private sector and state and local government. The institute employs a diverse group of economists and analysts with specialties that include healthcare, energy and natural resources, tourism, and real estate and construction. Our research provides vital information decision makers and the public use to help Utah prosper.
Housing, Construction, & Real Estate
March 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. The consensus forecast predicts moderating–but still healthy–job and wage growth, low unemployment, and increased net migration in 2018.
Fact Sheet: U.S. Census Bureau Estimates by County, Metropolitan, and Micropolitan Areas, 2017
Each year, the Census Bureau releases population estimates at varying levels of geography. The most recent release, on March 22, 2018, included population estimates at the county, metropolitan, and micropolitan area geography with components of change. Metropolitan and micropolitan areas are statistical boundaries delineated by the Census Bureau. Metropolitan areas include at least one urbanized area with 50,000 or more inhabitants. Micropolitan areas are [...]
Research Brief: Housing Prices and the Threat to Affordability
Utah business and community leaders wisely pay close attention to housing affordability. Since 1991 Utah housing prices have outpaced every state but Colorado, Oregon and Montana. The rate of housing price increases and challenges created by higher prices are on the minds of many decision-makers. Consequently, the Salt Lake Chamber, Utah’s largest business association, contracted with the Kem C. Gardner Policy Institute to collect, [...]
Policy Brief: Designation of Opportunity Zones
The Kem C. Gardner Policy Institute has prepared an initial evaluation of census tracts within Utah with significant economic need and market potential. We conducted this research to help Gov. Gary Herbert make an informed decision as he designates “opportunity zones” in Utah as part of the Investing in Opportunity Act.
Policy Brief: Utah’s Olympic Economic Legacy, 2018
The 2002 Olympic Winter Games enlarged the Utah economy and left a lasting economic legacy. This legacy continues to grow and change as the Utah economy matures in each subsequent year since the Games.
February 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. The consensus forecast predicts moderating- but still healthy - job and wage growth, low unemployment, and increased net migration in 2018.