Monday, October 20, 2014

Utah's Seasonally Adjusted Unemployment Rates

Seasonally adjusted unemployment rates for all Utah counties have been posted online here.

Each month, these rates are posted the Monday following the Unemployment Rate Update for Utah.

For more information about seasonally adjusted rates, read a DWS analysis here.

Next update scheduled for November 17th.

Friday, October 17, 2014

Utah's Employment Situation for September 2014

Utah's Employment Situation for September 2014 has been released on the web.

Find the Current Economic Situation in its entirety here and an analysis about Declining Labor Market Dynamics here.

For charts and tables, including County Employment, go to the Employment and Unemployment page.

Next update scheduled for November 14th.

Wednesday, October 15, 2014

Millard County Economic Update

Recently-released nonfarm jobs data show Millard County’s employment growth easing back in the second quarter of 2014. Job fluctuations in small counties often display erratic behavior as small numeric changes result in relatively large percent changes. Despite slower job growth, Millard County’s very low jobless rate estimate suggests there isn’t a tremendous amount of wiggle room in the labor market. Other indicators also present a mixed bag of results. Coupled with diverse industry-level performances these factors point toward a rather lethargic Millard County economy in the first half of 2014.

Thursday, October 9, 2014

Sevier County Economic Update

Sevier County lingered in positive job-creation territory again during the second quarter of 2014. That’s an improvement over the job losses of 2013. Currently, employment expansion remains relatively lackluster—less than 2 percent. However, a noteworthy decline in transportation/warehousing put a drag on the county’s overall labor market performance. Other economic indicators support the premise of a gradually improving Sevier County economy.

Sanpete County Economic Update

Is Sanpete County headed back toward the economic high life? It is honestly too soon to tell. However, the county did end the second quarter of 2014 with its first year-to-year employment gains in almost a year. After an early post-recession recovery, the county lost ground for much of 2013. At the moment, all available economic indicators suggest the county’s economy is improving. However, until more industries share in the employment gains, Sanpete County’s economic standing will remain somewhat precarious.

Tuesday, September 30, 2014

Massive green-energy project taps salt caverns near Delta

A massive $8 billion project that would produce more than double the amount of energy generated by Hoover Dam taps some of the most unique and deep salt caverns found in the world — just outside of Delta in Millard County. The salt domes for compressed air energy storage are the biggest structures of their kind west of the Mississippi and figure as central components of a four-company green-energy project.

Construction of one of the nation's largest wind farms is planned for 40 miles outside of Cheyenne, Wyoming, to ultimately deliver enough electricity to power 1.2 million homes in Southern California. A 525-mile direct-current transmission line would take 2,100 megawatts of electricity produced at the wind farm for storage in the salt caverns in Millard County built by Salt Lake City-based Magnum Energy.

Cindy’s Café opens in Mt. Pleasant

After an extensive remodeling and upgrading project that lasted most of a year, Cindy’s Café, formerly known as Casey’s City Lunch, recently opened its doors at 40 West Main, Mt. Pleasant. The café is open seven days per week. Daily Herald

Monday, September 29, 2014

Updated Economic Snapshots available

Economic snapshots give you a two-page look at quick facts, labor force, sales, building and unemployment insurance, for each county in Utah, and are updated by each DWS Regional Economist.

For the latest economic snapshot for your county, check out the updated files on our website for Millard, Piute, Sanpete, Sevier and Wayne counties.

Note: refreshing browser may be necessary for current information. 

Tuesday, September 23, 2014

Local Insights updated on the web

The Fall 2014 issues of Local Insights has been updated on the web.

This edition focuses on the population estimates. To see more, click here.

To receive a copy of any or all issues, call 801-526-9785

Printed copies expected between October 6 - October 10.