Jun
5
Utah’s Economy: Mid-Year Forecast for 2013

Utah's Economy- Mid-Year Forecast for 2013
The most recent forecast for the Utah economy was completed in May 2013 by the Utah Revenue Assumptions Working Group. This forecast is used by the Governor’s Office and Management and Budget Office to develop the Governor’s budget recommendations. Only two major indicators are expected to decline in 2013; exports and the value of nonresidential construction. The most important indicator, employment, is forecast to grow by 42,400 jobs in 2013 and increase by another 46,400 jobs in 2014.

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