November 5, 2018
For the past few months, Utah has seen very good numbers in terms of job growth, and September was no exception.
According to a report from the Department of Workforce Services, Utah’s economy added more than 53,000 jobs since September of 2017.
In that time, the state’s nonfarm payroll employment grew by approximately 3.6 percent, making Utah’s current employment around 1,535,900.
According to the report, Utah’s adjusted jobless rate rose one-tenth of a percentage point from August.
Additionally, the national unemployment rate fell two-tenths from August.
The highest growth by percentage was found in trade, transportation and utilities.
November 6, 2018
The Women & Business Conference and ATHENA Awards Luncheon is coming up next week.
The ATHENA Leadership Award is a prestigious national award presented to an active member of the Salt Lake Chamber who demonstrates creativity and initiative in business, devotes time and energy to improve the quality of life in the community, and assists women in reaching their full leadership potential.
This year’s ATHENA Leadership Award recipient is Cindy Crane, CEO of Rocky Mountain Power.
In addition to the ATHENA Award, six other women will receive the Pathfinder Award. This award is given to community leaders who “create new paths” and promote the development and recognition of women in business.
This year’s Pathfinder Award recipients are:
- Kristen Cox of the Governor’s Office of Management & Budget
- Katie Holland of Illuminate
- Dr. Donna Milavetz of OnSiteCare
- Hollie Pettersson of the Cicero Group
- Amanda Smith of Holland & Hart
- And Emily Wright of doTERRA International
November 7, 2018
This is Derek Miller of the Salt Lake Chamber with your Utah Business Report.
On the latest episode of the Salt Lake Chamber podcast called CEO Success Stories, I was pleased to be joined with the CEO of Rocky Mountain Power Cindy Crane.
Cindy is responsible for the company’s transmission and distribution operations, customer service, regulatory and legislative affairs in Idaho, Utah and Wyoming.
Crane is also responsible for PacifiCorp’s coal fueling and mining operations as well as thermal generation operations.
She joined PacifiCorp in 1990 and has served in a variety of positions.
Hear about her leadership philosophy, best practices and lessons learned, as well as what it means to her to be recognized as this year’s ATHENA Leadership Award recipient.
To listen to the podcast, visit slchamber.com or login to your iTunes account and search for “Salt Lake Chamber”
If you have any ideas or thoughts about whom we should interview for the next podcast, send us an email at info@slchamber.com or message us on social media to our handle: @saltlakechamber.
November 8, 2018
The third quarter of the year recently ended, and with it, CBRE released their Q3 MarketView Report.
According to the report, Salt Lake City added 1.1 million square feet of industrial product in the third quarter, meaning that it has now added a record 3.9 million square feet year-to-date.
The report also states that thanks to new and expanding retailers, Salt Lake City’s leasing is now at a post-recession record of over 933,000 square feet.
This number surpasses the overall activity for both 2016 and 2017.
The rise in retail leasing is heavily influenced by the recreation and entertainment industries, which account for 28 percent of retail square footage leased.
Another influence of the momentum is mid-box activity whose leases range from 15,000 to 50,000 square feet.
Mid-box leases account for 40 percent of all retail leases, and are continuing to increase.
November 9, 2018
Winter is almost here, which means holidays, snow, winter sports and, unfortunately, winter inversion.
For those of you who don’t know, during the winter months, a dense layer of cold air can be trapped under a layer of warm air, resulting in poor air quality called inversion, which is dangerous to people’s health.
Transportation emissions are responsible for 50 percent of winter emissions.
Did you know that there is something you can do to help clear the air? It’s called the Clear the Air Challenge.
The Clear the Air Challenge is a month long competition that gives you the chance to reduce your vehicle emissions by choosing alternative methods of transportation, such as carpooling, public transportation or teleworking to name a few.
By driving less and driving smarter, you will ultimately help improve air quality, reduce traffic congestion and conserve energy in Utah.
The challenge isn’t until February, but now is a good time to start gathering teams together for the competition.
