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One Final Look Back at the Road to 2017
Published February 16th, 2017

 

One Final Look Back at 2016

As the first month of 2017 comes to a close, we are excited about the many wonderful opportunities that await within Utah's construction industry. It's going to be a great year and we look forward to everything good that will happen in the Beehive State. 2016 was a great year that set us up for further success. With that, let's take one final look at back* at the the good that happened in Utah last year:

Income Up, Poverty Down
Utah’s median household income increased by about $2,000 in the last year. The poverty level in Utah is 12th-lowest in the nation and continues to fall, sitting below the national average at 11.3 percent.

Best for Business
This year, Utah three-peated as the Forbes “Best State for Business.” CNBC also named the Beehive State as the No. 1 place to do business in its annual report and Utah continued its trend of leading the nation in job growth.

Expanded Work-Based Learning
Utah’s successful work-based learning model in which students train with industry leaders was replicated into the life sciences and diesel technology fields. “Pathways” programs provide concurrent enrollment courses for students, made possible by a unique partnership between industry, education leaders and government. These innovative approaches and partnerships are key to improving Utah’s education system.

Graduation Rates Increased
High school graduation rates increased to 85 percent, a full 10 points higher than the graduation rate in 2010.

*Source: http://satprnews.com/2017/01/ 24/2016-year-in-review/

All of those things listed will be a positive factor for Utah's construction industry this coming year - and in years to come. We look forward to an expanding work force and watching your businesses thrive in 2017. UTCLC is always here to help. Remember, we are only a phone call away! 

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