The Revenue Assumption Committee released the most recent 2011 projections of Utah’s major economic indicators on February 22, 2011. These projections revised the committee’s November projections. Of the 11 indicators, six were revised higher and four were left unchanged, and one – net in-migration – was revised lower. The important indicators of employment and wages are slightly higher, while the net in-migration projection was reduced from about 10,000 to 2,500. Although the changes are relatively small, the direction of change is most important. The improving indicators show increasing optimism by local economists for the Utah economy in 2011.
Read the entire report: Download Utah Economy February 2011