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.
Industry Studies
Utah’s Rental Market
Utah’s renters, like much of the renters across the country faced dramatic increases in housing costs throughout the pandemic. For the renters across the four Wasatch Front counties, average asking rents increased more in the two-year period between 2020 and 2022 then they increased between 2010 and 2020. At an annualized rate, between 2010 and 2020, asking rents increased 2.6% in Salt Lake County, [...]
Policy Brief: Utah’s Energy Industry
Heading into 2022, energy experts debated the speed and timing of a return to “normal” energy demand following a tumultuous 2020–2021 as the world responded to the COVID-19 pandemic.
Utah’s Life Sciences Workforce and Industry Growth: 2012 to 2021
industry was a source of economic stability from 2012 to 2021. Job growth remained strong compared with other industries and states. Increasingly, life sciences companies provide a large share of Utah’s employee workforce relative to other states with significant life sciences sectors.
Policy Brief: Housing Prices and Affordability
In 2022, higher home prices and a doubling of the mortgage rate combined to erode housing affordability. Thus, homeownership has become more difficult for many of Utah’s 333,000 renter households.
An Economic Summary of Utah’s Cultural Industry, 2023
In 2021, Utah’s cultural industry, which comprises the design, education, entertainment, fashion, film, humanities, and traditional arts sectors, generated $10.1 billion in output (direct spending) and supported an estimated 65,300 Utah jobs.
Utah’s Invisible Workforce: The Economic Contributions and Health Impacts of Family Caregiving
As the need for family caregiving is expected to grow over the next decade, there are concerns about the mental and physical toll it places on Utah’s caregivers.