Signs of Utah's economic Recovery have been escalating. The job market is improving, retail sales are increasing, and of course Real Estate sales are up. Jim Wood, of the Bureau of Economic and Business Research at the University of Utah, recently published a report on Utah's recovering economy. In his article (which can be read here) he states that "indicators show that the worst is over"!
Here are some of the highlights from the report:
The number of job openings posted has doubled from a year ago
The amount of job losses has slowed considerably
Unemployment claims are down 13%
Unemployment rate for males in Utah is 4.6% lower than the National Average
The number of existing home sales has been positive…