News Releases
Utah shows resilience amidst national uncertainty
The Salt Lake Chamber, in partnership with the Kem C. Gardner Policy Institute at the University of Utah, has released the October 2023 Roadmap to Prosperity Economic Dashboard to support business leaders in understanding impacts on Utahâs economy. This tool prioritizes key data on the stateâs economic outlook and actionable context for decision-makers.
âWhile concerns of inflation and economic uncertainty continue nationally, Utah remains steady with its high labor force participation and low unemployment,â said Derek Miller, president and CEO of the Salt Lake Chamber. âThe trends highlighted in the latest dashboard demonstrate the business communityâs continued strength and ability to lead amidst uncertainties.â (Read More)
Romney, Manchin lead colleagues in proposing a commission to strengthen Americaâs fiscal health
U.S. Senators Mitt Romney (R-UT) and Joe Manchin (D-WV) today led their colleagues in introducing the Fiscal Stability Act, a bipartisan solution to strengthen Americaâs fiscal health and stabilize our nationâs finances for future generations. The legislation would create a bicameral fiscal commission tasked with finding legislative solutions to stabilize and decrease our national debt, which now exceeds $33.6 trillionâmore than double what it was just 10 years ago. (Read More)
Rep. Moore introduces legislation to allocate ATF tax to support wildlife conservation efforts
Congressman Blake Moore (R-UT) and Congressman Jared Golden (D-ME) introduced the Tax Stamp Revenue Transfer for Wildlife and Recreation Act to reallocate the funding generated from tax stamp processing for the purpose of enhancing wildlife and habitat conservation and recreation programs. This change will supercharge funding for these critical funding streams while expediting processes at the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF). (Read More)
Utah Flour Milling expands in rural Utah
The Utah Governorâs Office of Economic Opportunity awarded Utah Flour Milling a post-performance tax reduction for its expansion into Cache County. The corporate incentive is part of the stateâs Rural Economic Development Tax Increment Financing (REDTIF) program. As part of the agreement, Utah Flour Milling projects to create 31 new, high-paying jobs and invest $57,000,000 in rural Utah during the next five years. (Read More)
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