Download presentation
Presentation is loading. Please wait.
Published byCarol Kennedy Modified over 5 years ago
1
Utah Economic Report Utah Economic Summit May 17, 2019
2
The Economist Magazine Covers
Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
4
Generations of Utahns, 2017 Population Age
Note: Age topcoded at 85+ Source: U.S. Census Bureau, Vintage 2017 Population Estimates Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
6
Welcome to Utah Kem C. Gardner Policy Institute
Source: Kem C. Gardner Policy Institute Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
7
Kem C. Gardner Policy Institute
Source: Kem C. Gardner Policy Institute, U.S. Census Bureau Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
9
Apartment Boom in SLC Composition of building permits for residential units by housing type, 2000–2017 Share of residential building permits Balance of Wasatch Front = Davis, Utah, and Weber counties; Ring counties = Juab, Morgan, Tooele, and Summit counties Note: Other includes group quarters, mobile homes, manufactured homes, cabins, accessory dwelling units, and any other dwelling unit type not covered by apartments, condominiums, townhomes, duplexes, or detached single-family homes; regions are mutually exclusive. Source: Kem C. Gardner Policy Institute analysis of Ivory-Boyer Construction Database data Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
10
The Utah County Effect States with most robust job growth, Aug 2017 – Aug 2018 Source: Gardner Policy Institute Analysis of Utah Dept. of Workforce Services and U.S. Bureau of Labor Statistics data Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
12
Utah tech sector growing at more than twice the U.S.
Source: Kem C. Gardner Policy Institute Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
13
Life sciences boom in Utah
Average annual employment change in the life sciences industry, 20 states with most life sciences jobs Source: Kem C. Gardner Policy Institute analysis of U.S. Bureau of Labor Statistics data Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
14
The shrinking middle class
Source: Kem C. Gardner Policy Institute, U.S. Census Bureau Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
16
Federal Debt Held by the Public
Source: Congressional Budget Office and Office of Management and Budget Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
18
Oh mother, where art thou?
Total Fertility Rate Source: National Center for Health Statistics Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
20
Multi-family units on par with single-family units
Source: Kem C. Gardner Policy Institute Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
22
Utah’s Draft Economic Regions
“Economies don’t follow political boundaries” - Juliette Tennert, Chief Economist Source: Kem C. Gardner Policy Institute Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
25
Sentiments about Utah’s Secret Sauce
“They must have been hardworking, tough people.” -Benjamin Netanyahu, reacting to a bronze statue of the Mormon pioneers on their trek West. I’ve learned the power of the phrase, “I need your help.” - Derek Miller, President and CEO, Salt Lake Chamber “[In Utah if] something's going wrong in your life, you're going to have intensive, kind of tag-team efforts by people in your community to get you back on track.” - Megan McArdle, Washington Post In Utah, we look at everybody as a potential friend. -Wes Smith, Western Governors University Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
26
The Utah Economist : 2019
27
Utah Economic Council: One-word summary
Kem C. Gardner Policy Institute DAVID ECCLES SCHOOL OF BUSINESS UNIVERSITY OF UTAH
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.