The Salt Lake Tribune breaking news in Utah, Salt Lake City and the surrounding area.
The “New Utah” is here, says the Kem C. Gardner Policy Institute - bigger, more diverse and poised to level up on its economy.
The 52-page analysis offers a graphic and data-driven guide to state leaders on how to deal with these tectonic changes, many of which were accelerated by the COVID-19 pandemic.The state can handle the growth well and “ascend to a new level of prosperity and continue to be a true land of opportunity,” they conclude.
Utah is expected to keep growing, surpassing Connecticut’s population by 2030 and 4 million people by 2032. The state’s future peers will be those like Oregon and Colorado instead of New Mexico and Idaho. The report’s authors expect that trend to continue, with projections calling for the 65 and older population to increase from about 11% today to 20% by 2050.has several impacts, the report reads, including a growing health care sector, tighter labor markets, a change in state tax structure and state spending priorities. Children, ages 7 to 14, perform the Oath of Allegiance at Discovery Gateway in Salt Lake City, August 7, 2017.
The state’s economy has “consistently outperformed other states” since 2011 and was stronger than other states during and coming out of the coronavirus pandemic, the report reads.
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