skip to main content
skip to newscasts

Friday, April 19, 2024

Public News Service Logo
facebook instagram linkedin reddit youtube twitter
view newscast page
play newscast audioPlay

Tribal advocates keep up legal pressure for fair political maps; 12-member jury sworn in for Trump's historic criminal trial; the importance of healthcare decision planning; and a debt dilemma: poll shows how many people wrestle with college costs.

view newscast page
play newscast audioPlay

Civil rights activists say a court ruling could end the right to protest in three southern states, a federal judge lets January 6th lawsuits proceed against former President Trump, and police arrest dozens at a Columbia University Gaza protest.

view newscast page
play newscast audioPlay

Rural Wyoming needs more vocational teachers to sustain its workforce pipeline, Ohio environmental advocates fear harm from a proposal to open 40-thousand forest acres to fracking and rural communities build bike trail systems to promote nature, boost the economy.

Study: Utah Economy Ranks First Among States

play audio
Play

Tuesday, June 7, 2016   

SALT LAKE CITY - On the strength of business growth and innovation, a new study ranks Utah as having the top state economy in the country.

According to the online survey company WalletHub, Utah is at or near the top of such key economic categories as Gross Domestic Product growth, median income, exports per capita and low unemployment.

WalletHub analyst Jill Gonzalez says Utah is ranked No. 1 because it covers all its bases for building a strong economy.

"First of all, it excelled in most metrics," says Gonzalez. "In terms of the percentage of firms that are fast-growing, it was number one. In terms of things like the foreclosure rate, the immigration of U.S. knowledge workers for educational attainment, it ranked two and four, respectively."

The survey of Best and Worst State Economies rated states based on three main categories: economic activity, economic health and innovation potential.

Gonzalez says Utah has strong business startup activity, a low poverty rate and fewer people lacking health insurance than some other states.

However, the state's strongest point is its entrepreneurs.

Gonzalez says Utah ranks at or near the top for having the most inventor patents per capita, the most venture-capital funding per capita, and for attracting the highest number of so-called "knowledge workers," in fields like law, medicine, engineering and high-tech.

"So, those things obviously show that Utah is in a very strong position here," she says. "When it comes to the number of independent inventor patents, Utah is number one. So obviously, a lot of not only new products there, but new businesses and companies to help people be wage-earners."

Other states rounding out the survey's top five are Washington, California, Massachusetts and Colorado.





get more stories like this via email

more stories
The Bureau of Land Management's newly issued Public Lands Rule is designed to safeguard cultural resources such as New Mexico's Chaco Culture National Park. (Photo courtesy SallyPaez)

Environment

play sound

Balancing the needs of the many with those who have traditionally reaped benefits from public lands is behind a new rule issued Thursday by the Bureau…


Health and Wellness

play sound

Alzheimer's disease is the eighth-leading cause of death in Pennsylvania. A documentary on the topic debuts Saturday in Pittsburgh. "Remember Me: …

Social Issues

play sound

April is Financial Literacy Month, when the focus is on learning smart money habits but also how to protect yourself from fraud. One problem on the …


Outdoor recreation added $11.7 million to the Arizona economy in 2022, according to the U.S. Bureau of Economic Analysis. (Adobe Stock)

Environment

play sound

Arizona conservation groups and sportsmen alike say they're pleased the Bureau of Land Management will now recognize conservation as an integral part …

play sound

Across the U.S., most political boundaries tied to the 2020 Census have been in place for a while, but a national project on map fairness for …

The 2023 Annie E. Casey Foundation Data Book ranked Arkansas 37th in the nation for education, and said 56% of young children were not in preschool programs to help get them ready for school. (Adobe Stock)

Social Issues

play sound

The need for child care and early learning is critical, especially in rural Arkansas. One nonprofit is working to fill those gaps by giving providers …

Environment

play sound

An annual march for farmworkers' rights is being held Sunday in northwest Washington. This year, marchers are focusing on the conditions for local …

Social Issues

play sound

A new Gallup and Lumina Foundation poll unveils a concerning reality: Hoosiers may lack clarity about the true cost of higher education. The survey …

 

Phone: 303.448.9105 Toll Free: 888.891.9416 Fax: 208.247.1830 Your trusted member- and audience-supported news source since 1996 Copyright © 2021