Economic report to the governor utah. economy successfully navigated 2023’s choppy waters of rising interest rates, banking turmoil, and moderating-but-still-elevated inflation. faces price uncertainty on various fronts. The 2025 Economic Report to the Governor represents the 37th publication in this series. 0% 3. January 10, 2025 (Salt Lake City) – The Kem C. Through the last three decades, the Economic Report to the Governor has served as the preeminent source for data, research, and analysis about the Utah economy. 2023 YEAR IN REVIEW: Remarkable Resiliency The remarkably resilient U. 0% 6. 0% 5. Entering 2025, the U. 0% 1. It includes a national and state economic overview, a demographic overview of the state, a summary of state government economic development Montana Idaho Colorado Utah Nevada unemployment coupled with improving supply chains and very Arizona New Mexico strong Montana overall household, firm, and state and local government Wyoming financial Colorado -1. 0% economic 7. The Council aims to guide data development, inform research activities, share economic commentary, provide peer review, and support an improved understanding of the Utah Preface The 2022 Economic Report to the Governor is the 34th publication in this series. Jan 13, 2025 · The Kem C. The report highlights the resilience of the U. 0% challenges Nevada that could spiral into a % Change in Employment from recession. “Yet again, despite some dire predictions of higher . This partnership brings together the strengths of government, academia, and business into a single report Utah Economic Council and Collaborators The Utah Economic Council, a joint venture between the David Eccles School of Business and the Governor’s Ofice of Planning and Budget, publishes the Economic Report to the Governor. Gardner Policy Institute today presented the 37th Economic Report to the Governor to the governor’s office at the 2025 Economic Outlook & Public Policy Summit hosted by the Salt Lake Chamber. Utah Economic Council and Collaborators The Utah Economic Council prepares and oversees the report’s contents and publication, under the sponsorship and partnership of the Governor’s Ofice of Management and Budget, the David Eccles School of Business, and the Salt Lake Chamber. 0% 2. Throughout the last two decades, the Economic Report to the Governor has served as the preeminent source for data, research and analysis about the Utah economy. 0% reserves combine to provide a hedge against 0. Continued sticky inflation and an enormous federal deficit may add pressure for interest rates to remain higher for longer. The report serves as the preeminent source for data, research, and analysis about the Utah economy. Feb Jan 13, 2025 · The Kem C. Through the last three and a half decades, the Economic Report to the Governor has served as the preeminent source for data, research, and analysis about the Utah economy. Gardner Policy Institute presented the 37th Economic Report to the Governor to the governor’s office at the 2025 Economic Outlook & Public Policy Summit hosted by the Salt Lake Chamber on Friday. Utah’s nominal GDP surpassed $300 billion for the first time, and Utah’s GDP growth rate led the nation through three quarters. S. economy in 2024 and forecasts slowing, but not stalling, economic activity for 2025. The 2024 Utah Economic Report to the Governor is the 36th publication in this series. 2025 Economic Report to the Governor January 10th, 2025 The 2025 Economic Report to the Governor represents the 37th publication in this series. Gardner Policy Institute presented the 37th Economic Report to the Governor at the 2025 Economic Outlook & Public Policy Summit. 0% 4.