Summit County’s unemployment rate has been dropping since December 2009. During the height of the recession, our unemployment rate crested at 8.9% but has fallen to just 3%. This is the third lowest rate of any county in the state (Morgan and Cache are at 2.9%) and 2.5% lower than the national average of 5.5%. We still …

By now you are probably familiar with our LUST for the driverless car and the impact we feel it could have on both transportation and economic diversity in the Park City area. While it’s something we wish we would do here, it looks like Ann Arbor, Michigan is taking the first step. This summer a …

The New Yorker has a great article on how Utah is attracting the top technology companies. Salt Lake, Provo, and Ogden are all in the top 15 cities of the “super-sector” for technology companies according to a recent study. With apologies to a specific Friend of the Park Rag, you’ll notice Park City is not …

Historically, recessions have struck the national economy every 6-7 years. Some are weak like in 1969, while others are powerful like the Great Recession of 2008. What is a given, is that they happen. With that as a backdrop, economic indicators, like orders for manufactured goods, are starting to flash the warning signs of recession. …

Summit County seems to have experienced good job growth year over year.  

Every where we read, listen, or look in Park City we see big expectations of growth. A few examples: A Hyatt hotel has been started in Snyderville The Summit County Building Department says the upcoming 2015 construction year “looks to be good, if not a little better” than 2104. Summit County is hiring more building inspectors to prepare …