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Tag: economy

Lack of Snow, Economy Combine for Slow Start to Ski Season

Lack of Snow, Economy Combine for Slow Start to Ski Season

(Provo, UT) — Ski resorts in Utah and across the country are seeing a slow start to the season because of the weather and economic uncertainty. As of the end of last month, only about eleven percent of the ski trails were open, compared with 35 to 40 percent of […]

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Report: Utahns More Confident In Economy Than Most Americans

Report: Utahns More Confident In Economy Than Most Americans

(Salt Lake City, UT) — Utahns are more optimistic about the future of the economy than most Americans. That’s according to a new report from the Kem C. Gardner Policy Institute at the University of Utah. It found that consumer sentiment among Utah residents reached its highest levels in over […]

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Utah Has One Of Top State Economies

Utah Has One Of Top State Economies

(Salt Lake City, UT) — A new WalletHub study shows that Utah, Washington, Massachusetts, Texas and California have the best state economies. To winnow down the top state rankings, the personal finance company used 28 indicators grouped into three categories, including economic activity, economic health and innovation potential. States that […]

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FILE -This photo provided by Palisades Tahoe shows a freshly covered snowfall on a ski run at Palisades Tahoe ski resort in Olympic Valley, Calif., on Wednesday, March 1, 2023. (Blake Kessler/Palisades Tahoe via AP,File)

Utah’s Outdoor Recreation Economy Continues Growth

(Salt Lake City, UT) — Utah’s outdoor economy continues to show growth. The Utah Division of Outdoor Recreation released the economic impact report this month for the year 2022, showing more than eight-billion dollars in economic output. That’s a more than 32-percent increase from the year before and accounts for […]

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Utah Among Best Economies In U.S.

Utah Among Best Economies In U.S.

(Salt Lake City, UT) — Utah is scoring high on the list of the best and worst state economies. That’s according to a new study by finance website WalletHub, which looked at factors such as economic activity, economic heath, and innovation potential. A combination of those factors had the Beehive […]

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US economy shrank 4.8% last quarter, with worst yet to come

US economy shrank 4.8% last quarter, with worst yet to come

WASHINGTON (AP) — The U.S. economy shrank at a 4.8% annual rate last quarter as the coronavirus pandemic shut down much of the country and began triggering a recession that will end the longest expansion on record. Yet the drop in the January-March quarter will be only a precursor of […]

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