Featured Stories
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Gochnour: Box Elder is growing in 'prosperous valley
BOX ELDER BUSINESS SUMMIT Brice Wallace The Box Elder County area is part of “a prosperous valley” and has lots of possibilities for its economic future, according to a prominent economist. Natalie Gochnour, director of the University of Utah’s Kem C. Gardner Policy Institute, an associate dean in the university’s David Eccles School of Business and... -
Strike One: Oakland A's choose Sacramento for interim home
Brice Wallace Utah has whiffed at trying to land a Major League Baseball team but hopes to succeed in a later at-bat. The Oakland Athletics have opted to play in West Sacramento for a few years as the team awaits construction of a permanent home in Las Vegas, leaving Salt Lake City at least temporarily empty-handed in its attempt to become an MLB... -
FIRST TIME EVER: UTAH CONSUMER SENTIMENT WORSE THAN NATION
For the first time since the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment was established in 2020, the indicator of how Utahns are feeling about the economy performed worse that the nation as a whole. The index dropped 2.9 percent — from 80.3 to 78. A similar survey by the University of Michigan found that sentiment... -
West Weber port delayed by possible wetlands impact
8,785 ACRES EAST OF PROMONTORY POINT Brice Wallace The creation of a West Weber inland port project area is on hold until May as the Utah Inland Port Authority reviews possible impacts of development there on wetlands and the Great Salt Lake. The UIPA board heard about the proposed area in January and had planned to have it on its March meeting... -
PROSPERITY IS MOVING TO MTN. WEST AND UTAH LEADS THE WAY
A Washington, D.C.-based economic think tank, the Economic Innovation Group (EIG), has released a new analysis indicating that the country’s economic prosperity is shifting toward the Mountain West — and Utah has emerged as the clear national leader. The Beehive State’s share of residents in the top tier of economic well-being has grown from 47... -
Baltimore bridge collapse will have minimal impact on Utah, UIPA says
Brice Wallace The bridge collapse near the Baltimore harbor could have major impacts on trade along the East Coast, but the effects in Utah are expected to be minimal. The Francis Scott Key Bridge fell into the waters of the Patapsco River after being struck by the cargo ship Dali on March 16. The Utah Inland Port Authority has reviewed the... -
ONE UTAH SUMMIT, APRIL 11-12: Gathering will promote Utah as 'The Startup State'
Brice Wallace “Startup” will get a spotlight at an upcoming economic gathering. The first tangible steps in branding Utah as “The Startup State” will be unveiled at the spring version of the One Utah Summit, set for April 11-12 at the Grand America Hotel in Salt Lake City. The name “Startup State” was first used in the summer of 2021 in an early... -
Utah residential building permits drop 20 percent from 2022 to 2023
As permits and housing starts decline nationwide, Utah finds similar challenges in its residential construction sector. Permitting activity in the state dropped for a second consecutive year in 2023, down 20 percent compared to the previous year, according to a new report from Point2, an international real estate search portal and a division of... -
UTAH UNEMPLOYMENT RATE HOLDS STEADY AT 2.8% IN FEBRUARY
Utah’s seasonally adjusted unemployment rate has remained unchanged for four consecutive months, according to the February report released by the Utah Department of Workforce Services (DWS). The latest numbers show joblessness holding steady at 2.8 percent for February, leaving approximately 51,100 Utahns unemployed. The national February... -
State aiding in Pepperidge Farm expansion project
Goldfish snack crackers advance down the production line at the Pepperidge Farm bakery in Richmond in Cache County. The company was approved for a state tax credit incentive for an expansion at the facility, tied to 86 new high-paying jobs over a decade. The $160 million project is expected to boost Goldfish production by 50 percent, to 5 million...