Housing

This fall, the national economy started to show signs of recovery from the recession, while home prices began stabilizing or even slightly rising in many U.S. cities. However, past experience shows that the Utah economy, and particularly the housing market, does not always follow national trends. This has certainly been the case over the last decade or so, during which time Utah’s housing market has lagged behind the rest of the nation in both its … Continued

How does Utah compare to the nation in terms of its consumption expenditures and growth in debt levels? This analysis provides insight into the financial stability of Utah households and how financially prepared they are for the economic recession. Results from the analysis show that Utah does not appear to be worse than the rest of the nation in terms of household debt loads; however, Utah did follow the same trend of accumulating significant debts … Continued