Utah’s Economy: Year-End and 2014 Forecast

2uteconThe forecast for the Utah economy in 2014 was developed recently by the state’s Revenue Assumption Work Group. The forecast shows increases for every major economic indicator. The number of jobs is forecasted to grow by 3.1 percent or an increase of 40,000. Auto and truck sales are expected to hit an all-time high, as are exports. New permit authorized non-residential construction will have a significant increase to $1.1 billion but will still be well below its average historic value of $1.5 billion(excludes renovation and rehab). Read the entire report


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