Associate Dean Natalie Gochnour suggests in a new column published by Utah Business magazine that Utah’s economy is “ready to rock” in 2014.
Among the factors Gochnour sites that helped Utah recover from the national recession in ways that make other states jealous is the state’s diverse economy. She writes:
“Utah’s economic diversity also played a significant role in our recovery. The state’s residential construction industry took a nosedive, losing 40,000 jobs. Fortunately, other industries picked up the slack. Utah’s energy, technology and tourism industry made particularly strong contributions to the recovery. Utah’s economic diversity ranks fourth highest in the nation, an economic fundamental that improves our economic stability.”
Gochnour also discusses the Utah Legislature’s recent policy summit hosted right here at the David Eccles School of Business. Read the Utah Business article right here.