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Utah's Economy Best in Nation
Published June 8th, 2016


Utah's Economy Best in Nation




Utah has the best state economy in the country. According to a report published Monday by WalletHub, a national financial research and consulting organization, Utah earned the top overall score on state economies, as well as second place for "economic activity" and "economic health," and fourth place for "innovation potential."


So what does that mean for construction? Investments made in software companies, biomed companies, computer and semiconductor companies, and aerospace manufacturing, mean plenty of work for contractors, who must design and build not only commercial space, but homes and other residential spaces for all of the employees attracted to the state. In addition, road construction is big business for Utah. The I-15 reconstruction peaked at 1,600 workers when the housing market took a hit during the Great Recession.

"It's in our DNA as a people — we're a very entrepreneurial state," said Natalie Gochnour, associate dean of the David Eccles School of Business and director of the Kem C. Gardner Policy Institute at the University of Utah. And that's good news for everyone, including contractors looking to start their own firms.

And that's where UTCLC comes in. We can help you with all of your needs as you look to build and develop your own career.

Give us a call to find out how we can help!


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