Sep
17
Utah’s Economy: Recent Economic News – Employment, Construction and Housing Prices

Utah's Economy- Recent Economic News - Employment, Construction and Housing Prices
Employment – Utah has had 25 consecutive months of job gains. In July 2012 employment growth was 2.0 percent or 24,500, which was the slowest monthly job growth in 13 months. The Utah Department of Workforce Services believes July was an anomaly and that August will return to the 2.3 – 2.5 percent range.

July was also the first month in the past 18 months that Utah was not in the top five states in job growth. The most recent employment data show that Utah ranks tenth among all states in percent increase in nonfarm employment (July to July).

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