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
Utah’s Declining Fertility Rate, 2023
U.S. and Utah fertility rates continued a long-term decline in 2023. The U.S. total fertility rate (TFR) was 1.621 in 2023, a 2.1% decline from 1.656 in 2022.
Utah Economic Growth 2024: GDP and Personal Income
Utah’s real gross domestic product (GDP) growth led the nation in 2024, reaching 4.5%, compared to the nation’s robust 2.8% growth.
Gardner Business Review: A Retrospective of Utah’s Urban-Rural History
Ninety percent of Utah’s population qualifies as urban, making Utah one of the most urban states in the nation. This historical overview describes the process whereby a few counties became heavily urban while the majority of Utah’s counties remain rural today.
Utah/Federal Government Nexus Data Summary: Research Funding in Utah
Utah received $4.4 billion in federal research and development (R&D) funding in FY 2023. About 80% of this amount went to private businesses, 10% to higher education, and 9% to federal agencies within the state.
Utah Economic Council Forecast, March 2025
The Utah Economic Council, convened by the David Eccles School of Business and Governor’s Office of Planning and Budget, publishes regular economic forecasts related to the Utah and U.S. economies. This includes potential risks to both the state and national economies that the council assesses and weighs.
Utah/Federal Government Nexus Data Summary: Balance of Payments Between Utah and the Federal Government
Utah consistently places in the bottom quarter of states in per capita federal balance of payments (taxes paid less funds received by Utahns) in various measures over time and using different methodologies.
