With all the negative news in the national media we need to remember how good it is in Utah. Lets look at some facts from 2007 statistics…
· 25,000—30,000 new households were formed in 2007
· Utah population growth was 3.2% in 2007 (the US population growth was 0.9%)
· Utah job growth rate was 4.5% in 2007 (the US job growth was 1.3%)
· Employment is expected to grow in Utah at 3.3% in 2008
AND
· Utah Unemployment is expected to stay at 2.9% for 2008
· Personal Income growth was 9% in Utah in 2007
So things are looking good in Utah!
Information provided by:
Ryan Osborne
Mortgage Planner
801.440.9200