Friday, September 23, 2011

Exports key economic driver in Utah

Utah's booming export industry is critical to the state's economy, according to a University of Utah report. The latest volume of the Utah Economic and Business Review indicated that the Beehive State exported $13.6 billion in goods last year — with gold and silver accounting for nearly 52 percent of the state’s exports by value at $7 billion. "Almost 66,000 jobs are supported by export industries," said John Downen, research analyst with the Bureau of Economic and Business Research at the University of Utah. Among the top exports are computer memory, industrial products, precious medals and minerals, he noted. Deseret News

Note: The full report can be accessed by clicking here.