A recent ABC4 news report points out some reasons why Utah is weathering the economic storm better than other states. Diversification seemed to be the main theme. All of Utah's eggs aren't in one basket.
Here are 5 of the examples given:
- International Exports
- Tourism
- Alternative Energy Research & Development
- Technology Research & Development
- Population Influx - People AND Businesses are relocating to Utah
While Utah isn't an economic Utopia, the diverse interests of it's residents and it's industrial pursuits certainly make it a great place to live.
Utah generally receives favorable scores in surveys and analyses regarding great places to live. Health, access to recreation, educational opportunities and even access to museums and the "arts" all help make Utah a well-rounded place to live with something for almost everyone.
If you plan on relocating to Salt Lake City or the Surrounding Area, make sure you get an Agent on YOUR side of the transaction! Make sure you hire an E B A!
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Finally...
Benjamin
It is really amazing how diversified Utah was before all this started happening, and it's great that the influx of people make it one of the top ranked states in the US
Tom