News: December 2016

Research Weekly - The "Fed Rate" and How it Impacts Utah Dec. 2016

On December 14, 2016, the US Federal Reserve (“Fed”) increased interest rates by 25 basis points.

Utah: The Unknown MedTech Hotbed

Salt Lake City and its surroundings boast a robust life sciences sector that many don’t realize.

Utah Cities Receive Top Rankings from Milken's 2016 Report

Milken released its report of the Best Performing Cities in 2016 and many Utah cities are at the top of the list. Out of 200 “large” cities, the Milken Institute ranked Provo-Orem #2 (tied with Austin, TX), Salt Lake City at #11, and Ogden-Clearfield at #29.  Of the “small” cities St.

Research Weekly - The Growth of Silicon Slopes

According to CBRE’s annual Tech-Thirty report, which analyzes the 30 leading tech markets in the U.S.

Utah-Based Lucid Software to Expand At Home

Lucid Software and the Governor’s Office of Economic Development (GOED) today announced the Utah-based software company will expand in state, adding up to 339 jobs and $11 million in capital investment to the community.

University of Utah Engineers Kick Off New Center to Help Manufacturers Prosper

More than 125,000 Utahns work for manufacturers in the state, and their mission is to keep working even if the economy takes a hit.

Inland Empire Mission

After a recent visit to Southern California, EDCUtah reports  a positive outlook for business opportunities in Utah due to California’s decision to legalize recreational marijuana.

Big Agnes Expands Distribution Capabilities at a new Salt Lake Distribution Center

Big Agnes announces distribution expansion plans designed to help the company meet growing demand for its products domestically and internationally and to decrease shipping time and increase efficiency.

The Wall Street of the West

Pop quiz: Where does New York banking giant Goldman Sachs have its second-largest U.S. office? Not in Los Angeles, Chicago, or Miami, but here at 4,300 feet above sea level in the shadow of the Wasatch Mountains.

Expert Opinion - Brent Drew and Danny Stewart, Port 15 Cedar City

To get insight on how places in southern Utah, such as Cedar City, are prime locations for manufacturing and distribution, we sat down with Brent Drew, VP of Business Development for Port 15 Utah, and Danny Stewart, Economic Development Director of Cedar City.