Economy@ W. P. Carey

WBC Forecast Table
Blue Chip Consensus
Utah
Forecast Released February 1, 2012

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2012 Forecast
  Annual Percent Change 2012 from 2011
  Current $ Personal Income Retail Sales Wage & Salary Empl. Population Growth Single-family Housing Permits
Pacificorp          
Utah Department of Workforce Services   5.5   5.8   3.1   1.6   15.0
Utah State Tax Commission          
Wells Fargo & Company - UT          
Consensus - This Month 5.5 5.8 3.1 1.6 15.0
Consensus - Last Month 5.5 5.8 3.1 1.6 15.0

2013 Forecast
  Annual Percent Change 2013 from 2012
  Current $ Personal Income Retail Sales Wage & Salary Empl. Population Growth Single-family Housing Permits
Pacificorp          
Utah Department of Workforce Services          
Utah State Tax Commission          
Wells Fargo & Company - UT          
Consensus - This Month 0.0 0.0 0.0 0.0 0.0
Consensus - Last Month 0.0 0.0 0.0 0.0 0.0

 

Utah Update and Outlook


Utah’s nonfarm wage and salaried job count for December 2011, as generated by the U.S. Bureau of Labor Statistics (BLS), expanded by 3.0 percent compared to December 2010. This is a 12-month increase of 36,300 jobs, and raises total wage and salary employment to 1,235,400.

The industrial sector leading Utah’s employment growth is professional and business services—up 11,000 positions over the past year. Half of this is in high-paying professional and technical industries like legal services, computer systems design, consulting, and marketing research. The other half is through employment service businesses (temporary help services), which supply workers to other businesses and industries.

Utah Department of Workforce Services
http://jobs.utah.gov/jobseeker/dwsdefault.asp
 






 

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