Utah Economy
The new construction home market has been in decline for some time now, but it is starting to pickup in a few areas. One of those areas is the Salt Lake Metro area which was named the 6th most active metro area for new construction home permits (source Trulia). In the third quarter there were [...]
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Following on from other encouraging Utah business and real estate news, a recent Forbes study says that for the second year running ‘Utah is the No. 1 State for Business and Careers ’. Fueled by companies like Home Depot, Goldman Sachs and Boeing expanding their presence within the state, Utah is producing strong business growth [...]
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A recent article in the Builder Magazine predicts a bright 2012 for the Salt Lake City Housing Market. They teamed up with Hanley Wood Market Intelligence to produce their list of healthiest housing markets in the United States. The list was compiled using various criteria including the local employment market, population growth, and income growth. [...]
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There were some good pointers in the latest Salt Lake County housing sales data for August 2011. First of all the number of homes sold topped the 1000 mark for the forth month in a row. There were 1,086 homes sold, that’s an increase of 38.52% from Aug 2010, and an increase of 7.12% from [...]
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A new report produced by the American Legislative Exchange Council (ALEC) said Utah has the best economic outlook of any U.S. State. The report shows that those states which were eager to increase spending during the good times and have a high tax burden, are now suffering the most and those that controlled their budget [...]
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According to the Governor’s Office of Planning and Budget, the economy in Utah is still one of the best in the nation. The November Economic Summary, dated November 27, 2007, shows year-over job growth in Utah of 4.2% in October 2007, more than triple the national rate of 1.2%. Approximately 52,500 jobs were created in [...]
