Thursday, September 8, 2011

Is the recovery ready to move into a higher gear?

Let’s highlight some good economic news for a change. Sure the economy is still struggling in Utah, but we need to acknowledge any good piece of news, especially when it is a key economic variable. Utah’s actual employment numbers are in for the first quarter and they came in better than the original survey estimates. Not by anything excessive, but an original 1.7 percent growth estimate is now revised up to 1.9 percent. The best part is that a shift may have occurred, portending a strengthening Utah employment trend.

To read more of this Trendlines magazine article by economist Mark Knold, click here.