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Home / Utah economic outlook is improvingUtah economic outlook is improving
Last Updated on Friday, 20 May 2011 01:38 Written by rslcpol Friday, 20 May 2011 01:38
From DeseretNews:
The first economic outlook for Salt Lake County prepared by the Salt Lake Chamber of Commerce paints a picture of a state that’s on the up and up, economically speaking, but not completely out of the weeds.
“Although improvement has been gradual, Utah is among a handful of states leading the nation’s economic recovery,” the report states.
The report, released Thursday, includes data from state, federal and private entities, as well as analysis from the chamber.
The stable housing market has been a key component to the county’s economic recovery, the report states, though home prices could continue to decline as the market is slow to absorb excess homes for sale.
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