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Utah Economy

The Kem C. Gardner Policy Institute provides analysis and data-driven, context-specific insights about the Utah economy. We prepare in-depth studies on key Utah issues in partnership with stakeholders in the private sector and in state and local government. Our research provides vital information that decision-makers and the public use to help Utah prosper.

1307, 2021

Fact Sheet: Outdoor Recreation and Utah Business

July 13th, 2021|

Utah’s tech sector is the fastest growing industry in the state while offering well-paying jobs that often encourage a healthy work-life balance. Access to year-round outdoor recreation is the most important factor to tech employees when deciding to locate or stay in Utah. A companion study of Utah businesses found the outdoor lifestyle helps with locating and expanding operations in Utah, employee recruitment and retention, and the desirability to do business in the state.

607, 2021

Retail Sales and the Pandemic: A Most Remarkable Year

July 6th, 2021|

This research brief examines 2020 retail trade sales in the context of long-term historical trends in sales activity. A seemingly straightforward comparative analysis of yearly sales, however, was complicated by data comparability issues. Hence, care was taken to ensure an “apples to apples” approach, which required some discussion of evolving tax reporting and remittance requirements

2806, 2021

Ivory-Boyer Construction Report, First Quarter 2021

June 28th, 2021|

Construction activity continued its record-setting pace in an unconventional economic environment. Through the first three months of 2021 total permitted construction value reached $3.4 billion, a record and a 37.1% increase over the same time period from 2020. The record-breaking quarter was led by a surge in residential construction activity. Residential construction value reached $2.0 billion in the first quarter of 2021, surpassing last year’s record by 32.2%. Nonresidential construction value surged by 47.1% from Q1 2020 to $0.8 billion. Additions, alterations, and repairs permitted values increased 41.5% from 2020 to $0.6 billion, also a record.

106, 2021

June 2021 Utah Consumer Confidence

June 1st, 2021|

Our survey finds consumer sentiment among Utahns held steady from May to June. A similar survey by the University of Michigan, but concerning all Americans, measured a gain in sentiment over the same time period.

1305, 2021

Insight: Here’s why data and dialogue are the key to improving equity, diversity and inclusion

May 13th, 2021|

By: Natalie Gochnour Originally published in the Deseret News Note: The opinions expressed are those of the author alone and do not reflect an institutional position of the Gardner Institute. We hope the opinions shared contribute to the marketplace of ideas and help people as they formulate their own INFORMED DECISIONS™. May 13, 2021 – Ninety minutes. That’s all it took. I gained a deeper understanding of how data informs an elected official’s thought process regarding racial and ethnic disparities in Utah. He, in turn, reviewed the data and considered how he might incorporate this data into policymaking. Both of[...]

605, 2021

Diversity in Utah: Race, Ethnicity, and Sex Data Book

May 6th, 2021|

This report provides data and information to help state and community leaders make progress in their equity, diversity, and inclusion efforts. Gov. Spencer Cox’s One Utah Roadmap, the Utah Legislature’s policies to extend opportunity to all, and business and community leaders’ Utah Compact on Equity, Diversity, and Inclusion provide three significant examples in the past year of Utah’s commitment. The data and context provided in this report shed light on existing disparities; help people understand the complexities of these measures; and help provide a starting point for evaluating future progress.

505, 2021

Market Assessment: Air Quality / Changing Climate Solutions Laboratory

May 5th, 2021|

The redevelopment of the Utah State Prison property in Draper, Utah, presents a significant opportunity for a generational investment in Utah’s economic future. Of the 600 acres at the prison site, a portion is being considered for a university-led innovation district that solves difficult challenges and creates high quality jobs in Utah. One of these challenges, and a platform for future innovation, is air quality and a changing climate

105, 2021

May 2021 Utah Consumer Confidence

May 1st, 2021|

Our survey finds consumer sentiment among Utahns fell in May. A similar survey by the University of Michigan, but concerning all Americans, also measured a decrease in sentiment during May. Table 1 shows responses to questions that define “sentiment” for Utah (Gardner Institute survey) and the U.S. as a whole (from the University of Michigan).