Monthly Archives: March 2023

Significant Statistics | Utah College Enrollment Trails Nation Due to Gender Differences

Written by: Shawn Teigen

Utah is just behind the U.S. for the proportion of young people in college. Utahns ages 18 to 24 are just over one percent less likely to be enrolled. Further, enrollment seems to be decreasing. Why? There may be a lot of explanations, including a robust economy and a feeling that the costs of college may not ultimately be worth the rewards. While enrollment levels look similar between Utah and the U.S., when examining the … Continued

Op-ed: Utah in good position to weather the next recession

Written by: Shawn Teigen

Let’s talk recessions. Very generally, recessions are periods of economic decline. Americans saw a decline in gross domestic product during the first half of 2022, but that turned around by the second half of the year. Nonetheless, many people are still talking about a recession. This is due in part to the efforts of the Federal Reserve to slow – or even reverse – growth to rein in still-elevated inflation figures. Further, some suggest that … Continued

Significant Statistics | The Price of Prosperity – Rents and Construction

Written by: Staff

Growth and prosperity are likely to be serious issues facing Utahns over the coming decade. We can see this in the drivers of recent rent increases along the Wasatch Front. Further, there is a good chance that current financial market conditions will sharply push up rents again in the future. Rents on the Increase Rapid rent increases are neither entirely recent nor purely COVID-related – as illustrated by the rent increases seen between 2010 and … Continued

The Revenue Report: Utah’s Projections Process

Written by: Christopher Collard

The Utah Constitution requires that the state balance its budget.1 That is as simple as aligning revenues with the annual budget expenses. Both the Governor and Utah State Legislature produce budgets. The Governor releases budget recommendations in November for the Legislature to consider. The Legislature produces the state’s final budget in late February or early March. But how do they know what Utah’s revenues will look like over the next year in order to ensure … Continued