James Wood

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Utah construction industry marks 5 years of post-recession growth

Utah’s construction industry has experienced five consecutive years of expansion, growing to $6.9 billion in 2015, according to recent analysis conducted by the Kem C. Gardner Policy Institute at the University of Utah David Eccles School of Business. By 2010, the Great Recession had pushed construction spending in Utah down to a 20-year low of $3.5 billion. While 2011 and 2012 saw tepid growth, [...]

2017-12-20T10:07:53-07:00July 19th, 2016|

Rising Rents and Sluggish Incomes Squeeze Renters

Editor's note: Our Kem C. Gardner Policy Institute, with the mission to develop and share economic, demographic and public policy data and research that help individuals and the community make informed decisions, frequently investigates the housing market in Utah. Below is information about the increase in renters and rental pricing.  For some time, increases in rental rates have outpaced gains in renter’s income.  Rental rates [...]

2016-04-15T11:01:32-06:00April 15th, 2016|