Writing in the Deseret News, Rich States, Poor States co-author Jonathan Williams and Utah Senate President Stuart Adams explain Utah’s 13th consecutive number one ranking for economic outlook:
The long-term success of states relies on legislators creating an economic policy environment that supports the creation of jobs, spurs innovation and encourages competition. Having safeguards in place to protect and assist Utahns and Utah businesses’ financial well-being is a high priority for state legislators. Utah currently has the second lowest unemployment rate in America, and its gross domestic product almost tripled between 1999 and 2019.
Ranking No. 1 in Rich States, Poor States again places Utah in an enviable position nationally. Utah entered the health crisis with a vibrant economy, record-low unemployment and the title of best state for entrepreneurs. Utah is also the most independent state, consistently ranks as one of the best states for business and has maintained its AAA bond rating.