Economic Development Accomplishments
Job growth – The Utah economy created an estimated 30,300 jobs during the past year (Nov. 2010–Nov. 2011), making it the second-fastest growing economy in the nation. Currently growing at 2.3 times the national average, Utah’s economy is on the move again.
Marquee expansions – Prominent companies are relocating to or expanding in Utah. Adobe, ATK, Black Diamond Equipment, EA, Edwards Life Sciences, Goldman, Sachs & Co., Harmons, ITT Corporation, Litehouse, Merit Medical, Overstock.com (O.co) and Pepperidge Farms are examples of marquee companies providing new jobs and careers
to Utahns.
USTAR – Utah’s high-achieving science initiative has attracted 44 all-star researchers to Utah from around the world. USTAR currently accounts for $66 million in external research funding to the state, a 50 percent growth rate in the past six months.
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