Presentation Commends Utah’s Economy

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Presenters from Zion’s Bank visited the Emery County Economic Summit on Wednesday and praised Utah’s economic standing.

According to the presenters, Utah’s economy continues to grow despite a deep recession across the United States.

Here are some of the highlights from the presentation:

  • Utah’s largest export is minerals.
  • New businesses are coming to Utah because of our efficiency and work ethic.
  • Utah currently has 5200 technology companies.
  • Utah’s median household income is greater than the national average.
  • Tourism accounts for 10 percent of Utah’s jobs.
  • Most tourists visit Utah’s National Parks.
  • Utah is just one of three states to currently posses a AAA bond rating.
  • Forbes Magazine rated Utah the number one state for business.
  • Fortune Magazine named only two cities in the United States to its list of best cities for doing business: Austin, Texas, and Salt Lake City, Utah.

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