July 16, 2018
Earlier this month the Salt Lake Chamber released the second-quarter results of our CEOutlook survey.
The Salt Lake Chamber’s CEOutlook is an authoritative business survey on economic sentiment in Utah, and seeks to provide a forward-looking view of the Utah economy.
This quarter’s results shows that in many cases executives are optimistic about our economy. However, there are also clear signs that the collaborative and problem-solving nature that has made us great is needed more than ever.
Executives are concerned about rising costs, detrimental actions on trade, an acute need for talented labor and tackling our housing affordability challenges.
According to the second-quarter 2018 CEOutlook survey, 60 percent of executives believe Utah’s economy is somewhat better than just six months ago.
The study also shows Utah executives have a positive outlook about Utah’s future economy. 49 percent feel that economic conditions in Utah will be somewhat better in the next six months.
July 17, 2018
A new analysis by the U.S. Chamber of Commerce outlines the state-by-state impact of retaliatory tariffs from China, the European Union, Mexico and Canada, which have been imposed in response to new U.S. tariffs on imported goods.
The analysis shows how much of each state’s exports are threatened by retaliatory tariffs, highlights the hardest-hit products and shows the total number of jobs supported by global trade in each state.
Ultimately, illustrating exactly what American families and consumers stand to lose in a potential trade war.
In Utah, $181 million dollars in exports and over 387 thousand jobs are threatened by an emerging trade war. The state’s hardest hit products are forage products; aluminum waste and scrap; and food preparations.
July 18, 2018
If you’re a resident of Utah, you and your family have access to a free Prescription Drug Program – The Utah Drug Card.
The Utah Drug Card has partnered with companies that negotiate discounts with the pharmacies. Then these discounts are passed directly to cardholders.
Membership to the program has no requirements or restrictions, no forms, no exclusions, and no waiting periods.
The Utah drug Card is pre-activated and accepted at over 68 thousand pharmacies around the country.
This program also has the Lowest Rx Price Logic to guarantee you get the best pricing on prescriptions, meaning card holders pay a discounted price based off average wholesale price.
The program is designed to help patients who do not have prescription drug coverage or have limitations to their current coverage.
Don’t miss out on incredible prescription savings.
July 19, 2018
The Wasatch Front Regional Council invites you to provide input on the Draft 2019-2024 Transportation Improvement Program, also known as TIP.
The TIP identifies investments in road, transit, bike and pedestrian infrastructure that are needed in Salt Lake, Davis, Weber, Tooele, Morgan and Box Elder counties.
The Draft 2019-2024 Transportation Improvement Program helps to meet current transportation needs while simultaneously addressing critical future priorities throughout the region.
Proposed projects in the draft represent approximately $4 billion dollars in priority investments to provide transportation choices and keep Utahns moving across the region.
The TIP is completed in close collaboration with the Utah Department of Transportation, Utah Transit Authority, and cities and counties across the Wasatch Front.
The public comment period on the Draft 2019-2024 Transportation Improvement Program is now open.
For a complete list of projects, click here to learn more and to comment on the proposed projects. Public comments will be accepted until August 4.
July 20, 2018
Good news for those of you thinking about starting a new business.
Recently, Utah was named the second best state to start a business in a study by WalletHub.
The study compared the 50 states across 25 key indicators of startup success to determine the most fertile grounds in which to launch and grow an enterprise.
A state that provides the ideal conditions for a business, such as access to cash, skilled workers and affordable office space, can help new ventures not only take off but also thrive.
How did Utah fare?
The state is second best for the highest average growth in number of small businesses.
Utah also tied with North Dakota, Iowa and South Dakota for the most accessible financing in the county.
And despite the state being placed last for shortest average work week, any true entrepreneur knows that they will work long and hard for their success.