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.
Insight: Despite Public Health Concerns, Utah’s Fiscal House is in Order
By: Juliette Tennert 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™. Mar 12, 2020 – Earlier this year, we started to hear about a mysterious virus popping up in China. At that time, I never would have imagined that Governor Herbert would be declaring a state of emergency, and the University of Utah, where I work and teach, would be moving classes online for more than[...]
February 2020 Economic Summary
Utah’s total personal income reached $156.1 billion* in the third quarter of 2019, rising 6.0% from the third quarter of 2018. Utah’s growth ranked 3rd in the nation. Nationally, personal income increased 4.5% over the same period.
A Roadmap for Improving Utah’s Behavioral Health System, 2020
Utah is in the midst of a behavioral health crisis. High suicide rates, untreated anxiety and depression, serious mental illness, and high rates of opioid use disorder and other drug-related deaths are all signs of the need for accessible, affordable, and comprehensive behavioral health services.
Economic Impacts of Utah’s Energy Industry, 2017
Utah’s diverse energy industry plays a significant role in the state’s economy. It encompasses traditional fossil fuels and renewable resources. The mining sector produces crude oil, natural gas, and coal. Power producers generate electricity from hydropower, geothermal, solar, wind, and biomass resources and distribute it within the state and across the western U.S. Five refineries process crude oil from Utah, Colorado, Wyoming, and Canada, and Utah has the only licensed and operating uranium mill in the country. Dozens of firms manufacture machinery for mining and the oil and gas fields as well as turbines, generators, transformers, and other electrical equipment.[...]
January 2020 Economic Summary
Utah’s unemployment rate was 2.3% in December 2019, lower than the December 2018 rate of 3.2%. The national unemployment rate was 3.5% in December 2019, lower than the December 2018 rate of 3.9%.
2020 Economic Report to the Governor (Highlights)
The 2020 Economic Report to the Governor is the 32nd publication in this series. Through the last three decades, the Economic Report to the Governor as served as the preeminent source for data, research, and analysis about the Utah economy. It includes a national and state economic overview, a summary of state government economic development activities, an analysis of economic activity based on the standard indicators, and a detailed review of industries and issues of particular interest. The primary goal of the report is to improve the reader’s understanding of the Utah economy. With improved economic literacy, decision makers in[...]
Utah Informed 2020
Utah Informed is a collection of tables, charts, ideas, and schematics to prompt consideration of a compelling trend, spur an innovative idea, or inspire an aspirational thought. Decision makers are advantaged when they understand the past 20 years as they plan for the next 20 years. It is in the spirit of seeing more clearly and preparing for the future that we produce Utah Informed. In it, we provide relevant and interesting information to help Utahns make informed decisions in the coming year in the coming year and beyond. The Gardner Institute, in partnership with the Salt Lake Chamber, publishes Utah[...]
2020 Economic Report to the Governor
The 2020 Economic Report to the Governor is the 32nd publication in this series. Through the last three decades, the Economic Report to the Governor as served as the preeminent source for data, research, and analysis about the Utah economy. It includes a national and state economic overview, a summary of state government economic development activities, an analysis of economic activity based on the standard indicators, and a detailed review of industries and issues of particular interest. The primary goal of the report is to improve the reader’s understanding of the Utah economy. With improved economic literacy, decision makers in[...]