Local News
Immigration, housing and tariffs awake uncertainty in Utah’s 2025 economic outlook
Last year, Utah’s economy fared better than the national average. However, the state is bracing for a forecast of slower, but not stalling, economic activity in 2025. That’s according to the 2025 Economic Report to the Governor by the Kem C. Gardner Policy Institute. Phil Dean, chief economist at the Gardner Institute and co-chair of the Utah Economic Council, said in a news release that despite predictions of “higher interest rates forcing a hard landing,” the economy in the U.S. grew in 2024, as things start to get to normal levels after the COVID-19 pandemic. However, some ...
