Thursday, June 14, 2012

Utah Ranks Second Among the Next Economic ‘Boom States’

Utah’s economy is growing and a new report  comparing states throughout the nation says it is ready to explode.

Citing the state’s burgeoning tech sector and its spike in exports, combined with a lenient regulatory structure and low cost of living, the U.S. Chamber of Commerce ranked Utah second in a list of "the next boom states."

And the chamber, a conservative organization representing business interests, let Utah Gov. Gary Herbert run a victory lap Wednesday during its Jobs Summit in Washington, D.C.

Herbert joined three other governors from states with above-average growth for a 90-minute discussion of the roles they can play in setting the business climate. Salt Lake Tribune