Tuesday, February 2, 2010

Utah business conditions slip slightly

Utah's business conditions slipped in January but remained above a level deemed to be in expansion mode, according to the Business Conditions Index. The index, compiled by the Goss Institute for Economic Research, was at 52.7 in January, down from December's 55.0. The index ranges from zero to 100, with a figure over 50 indicating an expansionary economy over the next three to six months. Utah's index is based on a survey of purchasing managers. The Deseret News