The Economy Is Solid in
Salt Lake City's Sugar House
Utah Is a good
investment
I think you have to take these economic stories with a grain of salt. After all, if you click back
through stories from the past year, the economists who today are doom-and-gloom were calling the
Salt Lake City economy "recession-proof." The truth is that this state is in much better position to
weather the storm than others. It has a multi-million-dollar rainy-day fund instead of
multiple-billion-dollar deficit like other states, and its government is considered the most fiscally
adept in the country. That's why our recession won't be as deep or as long as those in a lot of
places. And it's why buying houses Sugar House Utah is a safe long-term investment.
Utah has America's best economy
Experts predict more prosperity
Utah economy slows, but still growing
Even with the state's job-growth rate moderating from 4.4 percent in September
to 4.3 percent in October, Utah remains far and away the best economically
performing state in the nation.
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Utah's economy is the best ever and the prosperity the state's residents are experiencing should
continue through the first half of next year.
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Click the links in the text under the headlines to see the full story
The state created 44,800 jobs in the year that ended in December, for an employment growth rate
of 3.6 percent.  The state's rate of job creation is much better than the national rate of just under 1
percent.
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Neither the Utah nor the U.S. economies will tank, despite recession and housing market fears,
economists for Wells Fargo Bank said Wednesday in a forecast.
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Utah economy still strong compared with nation
Utah baby boom slows, but it's still vigorous
Three Utah metropolitan areas are among the 10 fastest growing in the United States.
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Utah leads nation in home appreciation
Utah still leads the country in home-price appreciation, a new report shows.  
Prices rose 9.27 percent in the fourth quarter of last year, compared with the
October-November-December period a year earlier
. Click here to read more.
Experts: Utah to Skirt Brunt of Recession
"Utah is going to see higher delinquency and foreclosure rates like the rest of the
country, said an economist. "But they aren't going to go up as much in the state as
they are in the rest of the U.S."
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The picture remains different in Utah, home to one of the top rates of employment growth
nationally, which is expected to see companies in the next three months hire at a rate
higher than the U.S. average.  
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Utah exceeds U.S. hiring rate
Sales Up, Prices Down
Forbes magazine ranks Salt Lake City among the top six cities in the nation in terms of its
ability to thrive economically despite a national downturn. It has a great economy and
housing market, and people are moving here in droves.  
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Salt Lake City Is Called Recession-Proof
Utah Is Attractive to Distributors
A new survey by one of the nation's leading corporate site selection companies found the
cost of operating a distribution warehouse in the Salt Lake City/Provo area was the
second lowest among 30 cities it studied.    
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The fundamentals of Salt Lake City's economy are wobbly but sure to stand up straight soon.
Such is the forecast by economists, planners, developers and business leaders who say Utah's
capital is well-positioned to withstand an economic slug despite the financial chaos gripping
much of the country.            
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SLC economy a better bet than rest of U.S.
Utah's fertile birth rate, coupled with falling mortgage rates, could spark a housing recovery in
the second half of this year, a Wells Fargo bank economist said Tuesday.  
                              
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Births, cheap credit may spur recovery
Real estate transactions along the Wasatch Front this year will be little changed from 2008, when
the lending crisis threw the economy into recession, according to one researcher.
                              
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U. Expert expects housing downturn to linger
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Kirk Millson     Kirk@SugarHouseUtah.com     801-419-8912
Plumb & Co. Realtors  1001 E. 2100 South  Salt Lake City, Utah  84106
©2007, 2008, 2009, 2010  Kirk Millson
Looking for happiness—it's family-friendly communities for some, tropical paradise or the rugged
West for others. A survey of Americans' well-being, conducted by Gallup in partnership with
Healthways and America's Health Insurance Plans, gives high marks to Utah, which boasts lots of
outdoor recreation for its youthful population.
                                                     
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Utah tops poll for happiness
Utah's deflated housing market, spurred by a continued increase in demand, will see a
reflection of its former self. Chris Nelson is way out there when he lays out the future -- say
20 years out there.
Growth makes Utah a great long-term buy
Salt Lake City is ranked in top 10 places to live
Salt Lake City is the eighth-best city in the nation for men and and the ninth-best for women,
according to annual rankings by Men's Health and Women's Health magazines.
1,054 contracts on homes were closed countywide during the month of October, compared
with 855 a year earlier.
Home sales up sharply in October
Kirk Millson
Plumb & Co.
Real Estate
801.419.8912
Although a sizable majority of U.S. metro areas saw median home prices rise in the first quarter,
the median in the Salt Lake City area fell 11.4 percent year-over-year, the ninth-largest decline
nationwide.
.
Utah economy on verge of turnaround
Two new surveys point to increasing optimism about economic conditions in Utah and the
Intermountain West -- although both caution that risks to recovery still loom.