Latest News
Brief Millard County Economic Update
Wed, 25 Jul 2012
Millard County’s employment history is riding the rollercoaster that often appears when a large construction project hits a small county. First employment increases dramatically. Then once the project is concluded, those jobs disappear.
In a state of transformation
Mon, 23 Jul 2012
A 2010 study by the Kauffman Foundation ranked Utah as number one in patents per capita, prompting CNN Money to call the state “the hand’s down leader in inventiveness.”
Doing Business in Africa Seminar
Wed, 11 Jul 2012
Utah exports to Africa grew by 70% in 2011. Learn more about developing partnerships in this area and about Africa's culture in this upcoming seminar on August 22.
A new quarterly publication from the Utah Department of Workforce Services featuring stories and updates on Utah's economy.
Taiwan Trade and Technology Lunch Seminar
Fri, 06 Jul 2012
In 2011, Utah businesses exported $18.9 billion worth of goods worldwide. Taiwan received $696 million worth of exports from Utah, making it Utah’s fifth largest export market. Join us for an opportunity to learn about Taiwan, a strategic gateway to East Asia and Greater China for Utah businesses.
Utah Film Incentives Create Economic Boost
Thu, 05 Jul 2012
“The purpose (of the program) is to create economic development, jobs and promotional opportunities for the entire state,” Utah Film Commissioner Marshall Moore said. “(Also) to benefit the economy, the Utah taxpayer and to make sure our local talent and crews are being used.”
Three of the area’s counties continue to struggle to reach sustained long-term expansion. Iron, Kane and Beaver counties all showed year-to-year declines in nonfarm employment between March 2011 and March 2012.
Updated Economic Snapshots available for Central and Southwest areas
Fri, 29 Jun 2012
For the latest "snapshot" of your county, check out the updated documents on our website
Utah's Business by Employment Size - Trendlines article
Thu, 28 Jun 2012
80,000 Worksites - That’s how many physical places of employment there are in Utah. These 80,000 worksites collectively employ about 1.2 million workers on payrolls in the state.
Utah STEPs up in exports
Thu, 28 Jun 2012
While Utah is already “ahead of the curve” when it comes to exporting records and continues to lead the nation in doubling exports in the last five years, the State is always interested in engaging even more companies in the profitable international marketplace.
An Invitation to Industry - USTAR and the University of Utah
Thu, 28 Jun 2012
The James L. Sorenson Molecular Biotechnology Building - a USTAR Innovation Center is available for industry sponsored research at the University of Utah. This video features the nanofabrication and microscopy resources...
Many job and experience-seeking individuals reach out to the World Trade Center Utah for openings, internships, connections and other opportunities to launch (or continue) their career in international business. We encourage all those who reach out to us to sign up for Global Utah, our weekly newsletter and participate in the various educational and networking events listed on our calendar so they can connect with Utah businesses in the international arena.
Utah named Top Importer of Traditional Peruvian goods in the U.S.
Tue, 26 Jun 2012
According to the U.S. Dept. of Commerce, imports from Peru to Utah increased from $360 million in 2010 to $476 million in 2011 - an increase of 32.3 percent.
SBIR Workshop: SECRETS OF A WINNING PROPOSAL
Mon, 18 Jun 2012
Mary Cardon, manager of USTAR’s SBIR-STTR Assistance Center (SSAC), will present the do's and don’ts for SBIR-STTR grant proposals. The sessions are held in cooperation with local Small Business Development Centers (SBDC).
Utah's Governor's Office of Economic Development Announces New Jobs Expansion for EMC Corporation
Mon, 18 Jun 2012
The Governor’s office of Economic Development (GOED) Board voted today to award an expanded Economic Development Tax Increment Financing (EDTIF) tax credit to EMC Corporation in order to help facilitate additional job growth and further expansion of the company’s customer support operations in Utah.
Utah Ranks Second Among the Next Economic "Boom States"
Fri, 15 Jun 2012
Utah’s economy is growing and a new report comparing states throughout the nation says it is ready to explode. Citing the state’s burgeoning tech sector and its spike in exports, combined with a lenient regulatory structure and low cost of living, the U.S. Chamber of Commerce ranked Utah second in a list of "the next boom states."
Updated Information on the Utah Trade Mission to Mexico
Wed, 13 Jun 2012
The Governor’s Office of Economic Development and World Trade Center Utah will send a state-sponsored trade mission to Mexico during the week of August 6, 2012. Utah’s state-sponsored trade missions are an outstanding opportunity for small to medium sized businesses to explore international expansion opportunities.
Updated Economic Snapshots available for Castle Country, Southeast and Uintah areas
Tue, 12 Jun 2012
Get the latest economic and employment data for eastern Utah.
Lehi Employment Job Roundup Event
Mon, 11 Jun 2012
Great opportunity for potential employees in northern Utah county to assess their job-seeking skills!
Governor Tells Bloomberg That Businesses Thrive in Utah
Mon, 11 Jun 2012
Governor Gary R. Herbert spoke at the Bloomberg State & Municipal Finance Conference in Chicago, Illinois, about the economic recovery in Utah following the national recession. The Governor headlined the conference to tout Utah as a great place to do business.
A Collaborative Effort to Support Ogden, Utah's Growing Software Applications Sector
Thu, 07 Jun 2012
A $1 million investment by the Department of Commerce’s Economic Development Administration (EDA) with the Ogden City Corporation will help create a lab that will train workers and provide space for business startups in the growing field of software applications for mobile computing devices.
Last week, GOED hosted a special delegation from Piura, Peru, known for its abundant mineral, agricultural and marine resources as well as its beautiful costal region and rich cultural heritage.
DWS is Working with Employers to Develop Internship Opportunities
Wed, 06 Jun 2012
Employment internship opportunities are intended to assist participating employers with temporary work needs, while giving trainees hands-on experience in a career setting. The Department of Workforce Services (DWS) administers employment internship opportunities in partnership with employers
Mexico City/Guadalajara Trade Mission - July, 2012
Mon, 04 Jun 2012
The Utah International Trade and Diplomacy Office (ITDO) invites you to participate in the state-led Trade Mission to Mexico, including visits to both Mexico City and Guadalajara.
Utah Selected to Host North American Securities Administrators Association (NASAA) Fall 2013 Conference.
Thu, 31 May 2012
Around 500 NASAA members are expected to attend the September meeting which brings together securities regulators, securities law professionals, financial services industry representatives, consumer advocates and legislative and regulatory policymakers for an in-depth look at key financial services policy issues.
The Utah Governor’s Office of Economic Development, World Trade Center Utah, and the World Trade Association of Utah are pleased to host Mr. Edward Burton, President and Managing Director of the U.S.-Saudi Arabia Business Council (USSABC) to discuss the increasing demand for American products and know-how in the Kingdom of Saudi Arabia.
Updated Economic Snapshots available for Central and Southwest areas
Fri, 25 May 2012
Get the latest economic data for Southwest Utah, including employment, housing, and retail sales.
World Trade Center at City Creek Ribbon Cutting on May 23
Wed, 23 May 2012
On May 23, 2012, the Eagle Gate Tower will become the World Trade Center at City Creek.
Utah's rising exports and the need for more FTAs
Mon, 21 May 2012
The constant bright spot in a tough economy, Utah exports continued to grow through the first part of 2012. Utah’s first quarter exports (Jan-March 2012) totaled $5.17 billion—a 22 percent increase from the first quarter of 2011, which saw $4.25 billion in exports.
Unemployment Insurance Weekly Claims Report
Mon, 21 May 2012
During this week, 1,714 initial claims were filed in Utah compared to 1,843 the prior week.
Utah Health Status Update: The Economic Impact of Obesity
Wed, 16 May 2012
A growing number of Utah elementary and high school students are obese. This report explores the economic impacts of the growing obesity trend on the state of Utah.
Utah Leads the Way in Responsible Energy Development
Tue, 15 May 2012
"Energy development will assuredly be a top campaign issue in national and state elections this year. The connection between energy to economic development and national security (in addition to $4 gallon gasoline that makes it a very real part of our everyday lives) will put a white-hot spotlight on the debate", says Derek Miller, Chief of Staff, Office of the Governor.
Utah continues to expand export relationship with Hong Kong
Mon, 14 May 2012
Utah currently has an exceptionally active trade relationship with Hong Kong, it is in fact our second largest export destination with a current $3.8 Billion in exports, representing a 300% increase over 2010.
Utah Valley center already booking lots of big business
Mon, 14 May 2012
Jared Morgan, executive director of Downtown Provo Inc. predicts the city’s downtown will thrive among the center, Nu Skin Enterprises’ new headquarters complex, a new LDS Temple and the planned arrival of FrontRunner in 2013.
Randy Lewis, Utah State University professor of biology and USTAR researcher, is interviewed in the latest issue of Composites Manufacturing. Lewis is pursuing research into alternative means of producing spider silk.
New USTAR Video highlights multidisciplinary research and commercialization opportunities at U of U
Mon, 14 May 2012
On April 19, the University of Utah (U of U) held the dedication ceremony for the James L. Sorenson Molecular Biotechnology Building – A USTAR Innovation Center. A new video released by USTAR highlights how the 208,000 square-foot facility spurs ambitious research, and serves as a nexus for industry collaboration and commercialization.
The Utah Governor’s Office of Economic Development, World Trade Center Utah, and the World Trade Association of Utah are pleased to host Mr. Edward Burton, President and Managing Director of the U.S.-Saudi Arabia Business Council (USSABC) to discuss the increasing demand for American products and know-how in the Kingdom of Saudi Arabia.
On Monday, April 30th, Governor Gary R. Herbert signed a Statement of Friendship between the State of Utah and the Mexican border town of Piedras Negras. The Governor recognized the long standing relationship that Utah has maintained with the small town beginning in 1989.
Utah app developer announces new iPhone hardware specs
Fri, 04 May 2012
“This is a really exciting breakthrough that makes high frame rate recording available to a much wider user base,” said USTAR associate director Ryan Angus. “It shows that Utah innovators have particular strengths in app development.”
Utah Direct Financial Incentives 2012
Fri, 27 Apr 2012
Utah's economic development, finance and tax organizations provide a range of incentive programs to initiate new business and commercial investment.