At year-end the Utah economy shows signs of recovery. All major indicators, with the exception of housing, improved over 2010 and the forecast for 2012 shows further improvement. Double-digit gains were recorded in 2011 for exports, nonresidential construction, vehicle sales and state tax revenues.
Most impressive, however was the strength of Utah’s job market in the second half of the year. Employment growth jumped from an annual rate of around 1.5 percent, where it had been struck for several months, to the 2.5 to 2.9 percent range.
Read the entire report: Download Utah Economy Report November 2011