Recent Research
The Economic Contributions of Utah’s Ski Industry
Utah is home to 15 ski resorts, including the nation’s largest ski resort (Park City). Eleven of the state's resorts are less than an hour from Salt Lake International Airport
March 2024 Utah Consumer Sentiment
Utah’s consumer sentiment decreased by 2.9% in March (from 80.3 in January to 78.0), according to the Gardner Institute's March 2024 Survey of Utah Consumer Sentiment.
Utah Caregiving Perspectives: A Survey Exploring Utah Caregivers’ Employment, Challenges, and Support Needs
Many caregivers share experiences and needs, but differences arise based on factors like age, gender, employment status, caregiving hours, and living situation.
Utah Economic Council Forecast, March 2024
The Utah Economic Council, convened by the David Eccles School of Business and Governor’s Office of Planning and Budget, publishes regular economic forecasts related to the Utah and U.S. economies. This includes potential risks to both the state and national economies that the council assesses and weighs.
An Economic Summary of Salt Lake County’s Cultural Industry, 2022
Salt Lake County’s cultural industry, which includes the design, education, entertainment, fashion, film, humanities, and traditional arts sectors, generated $7.7 billion in output (direct spending) and supported an estimated 32,737 Salt Lake County jobs in 2022.
Recent Insights
Policy Insight: Utah’s Diverse Energy Portfolio
Utah possesses diverse energy resources ranging from crude oil and natural gas in the Uinta and Paradox Basins to renewable energies such as solar, wind, geothermal, hydro, and biomass.
Health Insight: Medical Inflation – Where Are We Now?
Given concerns about overall economic inflation, it may be surprising to learn that medical inflation is slowing and is currently approaching some of the lowest levels in history. A look at medical inflation over the last 20 years highlights this slowed growth (Figure 2). Except for a significant increase from 2019-2020 (4.7%), medical inflation growth continued to slow over the past three years.
Demographic Insight: New 2018-2022 American Community Survey 5-Year Estimates Released
Last week, the Census Bureau released the newest 5-year estimates from the American Community Survey (ACS). The American Community Survey explores more than 40 different topics and a few findings from the newest data include: 8 in 10 Utahns speak English at home, Utah boasts the 2nd lowest poverty level in the nation, and Utah’s foreign-born population did not grow.
Insight: New 2023 Census Bureau Estimates- National, Regional, and State Total Population and Components of Population Change
By Emily Harris This week, the Census Bureau released its first set of population estimates for the 2023 vintage: national and state resident population and components of change. This release provides a snapshot of the total population for all 50 states on July 1, 2023. […]
Tourism Insight: The Hidden Health Benefits of Utah’s Natural Playground
Utah is often called “nature’s playground” due to its diverse range of terrain and year-round outdoor recreation opportunities. Each year, millions of people visit Utah’s parks and ski resorts to participate in a wide range of outdoor activities and, in the process, generate billions of dollars in economic impact. In addition to attracting visitor spending, Utah’s outdoor recreation opportunities offer a host of hidden health benefits—something that became more[...]