Economic information published herein provides information about the Utah economy and includes forward-looking outlooks for both the national and state economies.
The achievement of certain results or other expectations contained in such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements described to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.
University of Utah Bureau of Economic and Business Research
Established in 1932, the Bureau of Economic and Business Research (BEBR) is an applied research center in the David Eccles School of Business at The University of Utah. BEBR's mission is to conduct and support research related to the structure of the Utah economy, its resources and its potential for expansion. BEBR also analyzes the economic and demographic impacts of economic events and policy initiatives on local and regional economies, provides advice on economic issues and conducts regional economic analysis.
As an applied center, BEBR interacts with both private and public entities, conducting independent studies and engaging in sponsored research. Since its inception, BEBR has been a primary source of information on the Utah economy. BEBR's professional staff gathers and analyzes data specific to both Utah and the Rocky Mountain Region to identify those factors which influence the state's economic growth.
Published by the BEBR, the Economic Summary provides a current snapshot of the Utah economy and is typically produced monthly as updated information becomes available.
Publications of the Utah Governor's Office of Management and Budget
These are publications of the Utah State Governor's Office of Management and Budget (GOMB), but the data, research, and analysis is sourced from a multitude of public and private entities. Data provided within these publications are subject to error arising from a variety of factors, including sampling variability, reporting errors, incomplete coverage, non-response, imputations, and processing error.
Economic Report to the Governor
Through the last two decades, the Economic Report to the Governor has served as a source for data, research, and analysis about the Utah economy. It includes a national and state economic outlook, a summary of state government economic development activities, an analysis of economic activity based on the standard indicators, and a detailed review of industries and issues of particular interest. The primary goal of the report is to improve the reader's understanding of the Utah economy.
Chapter authors, who represent both public and private entities, devote a significant amount of time to this report, ensuring that it contains the latest economic and demographic information. While this report is a collaborative effort which results in a consensus outlook for the next year, each chapter is the work of the contributing organization, with review and comment by the Governor's Office of Management and Budget. More detailed information about the findings in each chapter can be obtained by contacting the authoring entity.
The statistical contents of this report come from a multitude of sources which are listed at the bottom of each table and figure. Statistics are generally for the most recent year or period available. There may be a quarter or more of lag time before economic data become final, therefore 2009 statistics in this report are estimates based on data available as of mid-December 2009. Readers should refer to noted sources later in 2010 for final statistics.
Forecasts are also included in tables and figures. All of the data in this report are subject to error arising from a variety of factors, including sampling variability, reporting errors, incomplete coverage, non-response, imputations, and processing error. If there are questions about the sources, limitations, and appropriate use of the data included in this report, the relevant entity should be contacted.
The Economic Outlook is an annual companion to the Economic Report to the Governor series, which is now published in the fall.
Through the last two decades, the Economic Report to the Governor has served as the preeminent source for data, research, and analysis about the Utah economy. The Economic Outlook provides an estimated summary of the previous year and a forecast for the forthcoming year.
Publications of the Utah State Tax Commission
Annual Statistical Report
The Property Tax Division of the Utah State Tax Commission prepares a final statistical report each year. It contains the taxable value of centrally assessed, real and personal property. In addition, it details statistics that pertain to real property like effective tax rates, redevelopment agency data, taxes charged, housing information, personal income and the largest centrally assessed companies.
The Utah State Tax Commission publishes an annual report which contains research and data on tax rates, revenues, and other factors which affect taxes in Utah.
The report also contains data on corporate income, mineral production withholding tax, tax rate changes, revenue forecasts, inflation and unemployment.