In 2023, the GDP of Utah totaled around 225.46 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic (GDP) product of the state, amounting to around 47.4 billion U.S. dollars. Comparatively, the construction industry contributed around 14.83 billion U.S. dollars of value to the state's GDP.

Utah Quarterly Wages And Salaries By Major NAICS Industry 1998 2014

Important Dataset Update 6/24/2020:Summit and Wasatch Counties updated.Important Dataset Update 6/12/2020:MAG area updated.Important Dataset Update 7/15/2019: This dataset now includes projections for all populated statewide traffic analysis zones (TAZs). Projections within the Wasatch Front urban area ( SUBAREAID = 1) were produced with using the Real Estate Market Model as described below. Socioeconomic forecasts produced for Cache MPO (Cache County, SUBAREAID = 2), Dixie MPO (Washington County, SUBAREAID = 3), Summit County (SUBAREAID = 4), and UDOT (other areas of the state, SUBAREAID = 0) all adhere to the University of Utah Gardner Policy Institute's county-level projection controls, but other modeling methods are used to arrive at the TAZ-level forecasts for these areas.As with any dataset that presents projections into the future, it is important to have a full understanding of the data before using it. Before using this data, you are strongly encouraged to read the metadata description below and direct any questions or feedback about this data to analytics@wfrc.org. Every four years, the Wasatch Front’s two metropolitan planning organizations (MPOs), Wasatch Front Regional Council (WFRC) and Mountainland Association of Governments (MAG), collaborate to update a set of annual small area -- traffic analysis zone and ‘city area’, see descriptions below) -- population and employment projections for the Salt Lake City-West Valley City (WFRC), Ogden-Layton (WFRC), and Provo-Orem (MAG) urbanized areas. These projections are primarily developed for the purpose of informing long-range transportation infrastructure and services planning done as part of the 4 year Regional Transportation Plan update cycle, as well as Utah’s Unified Transportation Plan, 2019-2050. Accordingly, the foundation for these projections is largely data describing existing conditions for a 2015 base year, the first year of the latest RTP process. The projections are included in the official travel models, which are publicly released at the conclusion of the RTP process. As these projections may be a valuable input to other analyses, this dataset is made available at http://data.wfrc.org/search?q=projections as a public service for informational purposes only. It is solely the responsibility of the end user to determine the appropriate use of this dataset for other purposes. Wasatch Front Real Estate Market Model (REMM) ProjectionsWFRC and MAG have developed a spatial statistical model using the UrbanSim modeling platform to assist in producing these annual projections. This model is called the Real Estate Market Model, or REMM for short. REMM is used for the urban portion of Weber, Davis, Salt Lake, and Utah counties. REMM relies on extensive inputs to simulate future development activity across the greater urbanized region. Key inputs to REMM include:Demographic data from the decennial census;County-level population and employment projections -- used as REMM control totals -- are produced by the University of Utah’s Kem C. Gardner Policy Institute (GPI) funded by the Utah State Legislature;Current employment locational patterns derived from the Utah Department of Workforce Services; Land use visioning exercises and feedback, especially in regard to planned urban and local center development, with city and county elected officials and staff;Current land use and valuation GIS-based parcel data stewarded by County Assessors;Traffic patterns and transit service from the regional Travel Demand Model that together form the landscape of regional accessibility to workplaces and other destinations; andCalibration of model variables to balance the fit of current conditions and dynamics at the county and regional level.‘Traffic Analysis Zone’ ProjectionsThe annual projections are forecasted for each of the Wasatch Front’s 2,800+ Traffic Analysis Zone (TAZ) geographic units. TAZ boundaries are set along roads, streams, and other physical features and average about 600 acres (0.94 square miles). TAZ sizes vary, with some TAZs in the densest areas representing only a single city block (25 acres). ‘City Area’ ProjectionsThe TAZ-level output from the model is also available for ‘city areas’ that sum the projections for the TAZ geographies that roughly align with each city’s current boundary. As TAZs do not align perfectly with current city boundaries, the ‘city area’ summaries are not projections specific to a current or future city boundary, but the ‘city area’ summaries may be suitable surrogates or starting points upon which to base city-specific projections.Summary Variables in the DatasetsAnnual projection counts are available for the following variables (please read Key Exclusions note below):DemographicsHousehold Population Count (excludes persons living in group quarters)Household Count (excludes group quarters)EmploymentTypical Job Count (includes job types that exhibit typical commuting and other travel/vehicle use patterns)Retail Job Count (retail, food service, hotels, etc)Office Job Count (office, health care, government, education, etc)Industrial Job Count (manufacturing, wholesale, transport, etc)Non-Typical Job Count* (includes agriculture, construction, mining, and home-based jobs) This can be calculated by subtracting Typical Job Count from All Employment Count.All Employment Count* (all jobs, this sums jobs from typical and non-typical sectors).* These variable includes REMM’s attempt to estimate construction jobs in areas that experience new and re-development activity. Areas may see short-term fluctuations in Non-Typical and All Employment counts due to the temporary location of construction jobs.Population and employment projections for the Wasatch Front area can be combined with those developed by Dixie MPO (St. George area), Cache MPO (Logan area), and the Utah Department of Transportation (for the remainder of the state) into one database for use in the Utah Statewide Travel Model (USTM). While projections for the areas outside of the Wasatch Front use different forecasting methods, they contain the same summary-level population and employment projections making similar TAZ and ‘City Area’ data available statewide. WFRC plans, in the near future, to add additional areas to these projections datasets by including the projections from the USTM model.Key Exclusions from TAZ and ‘City Area’ ProjectionsAs the primary purpose for the development of these population and employment projections is to model future travel in the region, REMM-based projections do not include population or households that reside in group quarters (prisons, senior centers, dormitories, etc), as residents of these facilities typically have a very low impact on regional travel. USTM-based projections also excludes group quarter populations. Group quarters population estimates are available at the county-level from GPI and at various sub-county geographies from the Census Bureau.

Part of the Utah Governor's Office of Economic Opportunity (GOEO) is the Grants and Incentives department. The main program run by the Grants and Incentives department, is known as the Economic Development Tax Increment Financing incentive (EDTIF). In exchange for companies making investments in Utah, ie, creating jobs, paying taxes, capital expenditure, etc, the state grants a certain percentage of taxes, payed by qualified companies, back in the form of a post performance tax credit. To qualify, companies must detail out a plan for their investment in Utah (AKA the "Project"). This project must then be approved by the GOEO Board.

By Utah law, select details about the project are made available to the public. The website below is where these details are published in order to stay compliant, and is also the source of the data presented here.

https://business.utah.gov/incented-companies/

Below is a more detailed description of each column's name and significance within the data set.

Company: The name of the company that qualified for the EDTIF program.

Year: The year in which the company qualified for the EDTIF.

Jobs: The estimated number of Jobs to be created by the company's project over the lifetime of the project. (See Terms.)

State Wages: The estimated new state wages generated by the company, AKA, the estimated total new taxable wages (in the form of payroll) created by the new jobs.

New State Revenue Projected: The projected total amount of new revenue for the state, produced by the company and its activities, over the life of the project.

Capital Investment Projected: The amount of capital expenditure the company plans on investing in the project within the state of Utah.

Max Cap Incentive: The most that the company can receive back in the form of the post performance tax credit over the lifetime of the project.

Rebate %: The agreed upon % of new state revenue that the company can qualify to receive back. As a rule, Rebate% = (Max Cap Incentive)/(New State Revenue Projected) +- rounding.

Terms: The number of years associated with completing the project in years. Also can be interpreted as the number of annual audits the compliance team will perform to determine the actual yearly EDTIF rebate.

Contract Status*: Though approved, not all companies choose to submit materials for audit by the compliance team, which determines the actual amount of tax incentives the company receives. Companies can fall into 4 "Contract Status*" categories;

a. "Active": The company is participating in the program and submitting materials to the compliance team for audit.

b. "Unissued, Available": The company has qualified for the EDTIF program, but they are not (or haven't yet) submitting materials for the yearly audits. They still can submit materials for audit as long as they are not past their terms.

c. "Unissued, Unavailable": The company has not participated in the yearly audits, and the terms of the EDTIF have passed. No tax rebates are awarded.

d. "Complete": The company has participated in the audits and the terms of the EDTIF have passed.

"% of New State Revenue Assessed*": Amount of the new state revenue generated by the company that has been assessed by the compliance team, measured in steps of 25%

"% of tax Credit Issued": The amount of the total possible EDTIF granted, measured in steps of 25%

Every four years, the Wasatch Front’s two metropolitan planning organizations (MPOs), Wasatch Front Regional Council (WFRC) and Mountainland Association of Governments (MAG), collaborate to update a set of annual small area -- traffic analysis zone and ‘city area’, see descriptions below) -- population and employment projections for the Salt Lake City-West Valley City (WFRC), Ogden-Layton (WFRC), and Provo-Orem (MAG) urbanized areas.

These projections are primarily developed for the purpose of informing long-range transportation infrastructure and services planning done as part of the 4 year Regional Transportation Plan update cycle, as well as Utah’s Unified Transportation Plan, 2023-2050. Accordingly, the foundation for these projections is largely data describing existing conditions for a 2019 base year, the first year of the latest RTP process. The projections are included in the official travel models, which are publicly released at the conclusion of the RTP process.

Projections within the Wasatch Front urban area ( SUBAREAID = 1) were produced with using the Real Estate Market Model as described below. Socioeconomic forecasts produced for Cache MPO (Cache County, SUBAREAID = 2), Dixie MPO (Washington County, SUBAREAID = 3), Summit County (SUBAREAID = 4), and UDOT (other areas of the state, SUBAREAID = 0) all adhere to the University of Utah Gardner Policy Institute's county-level projection controls, but other modeling methods are used to arrive at the TAZ-level forecasts for these areas.

As these projections may be a valuable input to other analyses, this dataset is made available here as a public service for informational purposes only. It is solely the responsibility of the end user to determine the appropriate use of this dataset for other purposes.

Wasatch Front Real Estate Market Model (REMM) Projections

WFRC and MAG have developed a spatial statistical model using the UrbanSim modeling platform to assist in producing these annual projections. This model is called the Real Estate Market Model, or REMM for short. REMM is used for the urban portion of Weber, Davis, Salt Lake, and Utah counties. REMM relies on extensive inputs to simulate future development activity across the greater urbanized region. Key inputs to REMM include:

Demographic data from the decennial census
County-level population and employment projections -- used as REMM control totals -- are produced by the University of Utah’s Kem C. Gardner Policy Institute (GPI) funded by the Utah State Legislature
Current employment locational patterns derived from the Utah Department of Workforce Services
Land use visioning exercises and feedback, especially in regard to planned urban and local center development, with city and county elected officials and staff
Current land use and valuation GIS-based parcel data stewarded by County Assessors
Traffic patterns and transit service from the regional Travel Demand Model that together form the landscape of regional accessibility to workplaces and other destinations
Calibration of model variables to balance the fit of current conditions and dynamics at the county and regional level

‘Traffic Analysis Zone’ Projections

The annual projections are forecasted for each of the Wasatch Front’s 3,546 Traffic Analysis Zone (TAZ) geographic units. TAZ boundaries are set along roads, streams, and other physical features and average about 600 acres (0.94 square miles). TAZ sizes vary, with some TAZs in the densest areas representing only a single city block (25 acres).

‘City Area’ Projections

The TAZ-level output from the model is also available for ‘city areas’ that sum the projections for the TAZ geographies that roughly align with each city’s current boundary. As TAZs do not align perfectly with current city boundaries, the ‘city area’ summaries are not projections specific to a current or future city boundary, but the ‘city area’ summaries may be suitable surrogates or starting points upon which to base city-specific projections.

Summary Variables in the Datasets

Annual projection counts are available for the following variables (please read Key Exclusions note below):

Demographics

Household Population Count (excludes persons living in group quarters) 
Household Count (excludes group quarters) 

Employment

Typical Job Count (includes job types that exhibit typical commuting and other travel/vehicle use patterns)
Retail Job Count (retail, food service, hotels, etc)
Office Job Count (office, health care, government, education, etc)
Industrial Job Count (manufacturing, wholesale, transport, etc)
Non-Typical Job Count* (includes agriculture, construction, mining, and home-based jobs) This can be calculated by subtracting Typical Job Count from All Employment Count 
All Employment Count* (all jobs, this sums jobs from typical and non-typical sectors).

• These variables includes REMM’s attempt to estimate construction jobs in areas that experience new and re-development activity. Areas may see short-term fluctuations in Non-Typical and All Employment counts due to the temporary location of construction jobs.

Key Exclusions from TAZ and ‘City Area’ Projections

As the primary purpose for the development of these population and employment projections is to model future travel in the region, REMM-based projections do not include population or households that reside in group quarters (prisons, senior centers, dormitories, etc), as residents of these facilities typically have a very low impact on regional travel. USTM-based projections also excludes group quarter populations. Group quarters population estimates are available at the county-level from GPI and at various sub-county geographies from the Census Bureau.

Statewide Projections

Population and employment projections for the Wasatch Front area can be combined with those developed by Dixie MPO (St. George area), Cache MPO (Logan area), and the Utah Department of Transportation (for the remainder of the state) into one database for use in the Utah Statewide Travel Model (USTM). While projections for the areas outside of the Wasatch Front use different forecasting methods, they contain the same summary-level population and employment projections making similar TAZ and ‘City Area’ data available statewide. WFRC plans, in the near future, to add additional areas to these projections datasets by including the projections from the USTM model.

Abstract

Genesis
Reliable and timely data base is the basic infrastructure needed for any sound and systematic planning. Efficient sectoral planning depends to a large extent on the availability of detailed information, preferably at micro level. Though a fairly adequate system of agricultural statistics has already been developed in the country, such an information system has not yet been built up for the non-agricultural sector. While statistics in respect of organised segments of the non-agricultural economy are being collected more or less regularly, it is not so in regard to its unorganised segments even though unorganised sector assumes greater importance due to its significant contribution towards gross domestic product as also in generation of employment in developing economy. Earlier attempts

1.2 attempts were made in the past to bridge these data gaps by both Central agencies and the States. The National Sample Survey Organisation (NSSO) had conducted some surveys on household nonagricultural enterprises in the past. The first round of NSS (1950-51) covered non-agricultural enterprises as one of its subjects. Such enterprises were covered regularly up to the tenth round (1955-56). Subsequently, selected activities were taken up for survey intermittently in different rounds (14th, 23rd & 29th rounds). Establishment schedules were canvassed in 1971 population census. The census of unorganized industrial units was carried out during 1971-73. Census of the units falling within the purview of Development Commissioner, Small scale industries was carried out during 1973-74 and a survey on distributive trade was conducted by some of the States during the fourth five-year plan period (1969-74). All such efforts made prior to 1976 to collect data on unorganized nonagricultural enterprises have been partial and sporadic.

Economic Census 1.3 The first coordinated approach to fill these vital data gaps was made by the Central Statistical Organisation (CSO), Government of India by launching a plan scheme 'Economic census and Survey' in 1976. The scheme envisaged organising countrywide census of all economic activities (excluding those engaged in crop production and plantation) followed by detailed sample survey of unorganized segments of different sector on non-agricultural economy in a phased manner during the intervening period of two successive economic censuses. The basic purpose of conducting the economic census was to prepare a frame while follow up surveys collect more detailed sector specific information between two economic censuses. In view of the rapid changes that occur in the unorganised sectors of non-agricultural economy due to high mobility or morbidity of smaller units and also on account of births of new units, the scheme envisaged conducting the economic census periodically in order to update the frame from time to time.

First Economic Census (EC-1977) and Follow up Surveys 1.4 The First Economic Census was conducted through-out the country, except Lakshadweep, during 1977 in collaboration with the Directorate of Economics & Statistics (DES) in the States/Union Territories (UT). The coverage was restricted to only nonagricultural establishments employing at least one hired worker on a fairly regular basis. Data on items such as description of activity, number of persons usually working, type of ownership, etc. were collected.

1.5 Reports based on the data of EC-1977 at State/UT level and at all India level were published. Tables giving the activity group-wise distribution of establishments with selected characteristics and with rural and urban break up were generated. State-wise details for major activities and size-class of employment, inter-alia, were also presented in tables.

1.6 Based on the frame provided by the First Economic Census, detailed sample surveys were carried out during 1978-79 and 1979-80 covering the establishments engaged in manufacturing, trade, hotels & restaurants, transport, storage & warehousing and services. While the smaller establishments (employing less than six workers) and own account establishments were covered by NSSO as part of its 33rd and 34th rounds, the larger establishments were covered through separate surveys. Detailed information on employment, emoluments, capital structure, quantity & value of input, output, etc. were collected and reports giving all important characteristics on each of the concerned subjects were published.

Second Economic Census (EC-1980) and Follow up surveys

1.7 The second economic census was conducted in 1980 along with the house-listing operations of 1981 Population Census. This was done with a view to economizing resources, manpower, time and money. The scope and coverage were enlarged. This time all establishments engaged in economic activities - both agricultural and non-agricultural whether employing any hired worker or not - were covered, except those engaged in crop production and plantation. All States/UTs were covered with the sole exception of Assam, where population census, 1981 was not conducted.

1.8 The information on location of enterprise, description of economic activity carried on, nature of operation, type of ownership, social group of owner, use of power/fuel, total number of workers usually engaged with its hired component and break-up of male and female workers were collected. The items, on which information was collected in second economic census, were more or less the same as hose collected in the First Economic Census. However, based on experience gained in the First Economic Census certain items viz. years of activity, value of annual output/turnover/receipt, mixed activity or not, registered/ licensed/recognized and act or authority, if registered were dropped.

1.9 The field work was done by the field staff consisting of enumerators and supervisors employed in the Directorate of Census Operations of each State/UT. The State Directorates of Economics & Statistics (DES) were also associated in the supervision of fieldwork. Data processing and preparation of State level reports of economic census and their publication were carried out by the DES.

1.10 EC 1980 data were released in two series of tables ('A' series and 'B' series) with different set of groupings for minor and major activities as also for agricultural and non-agricultural sectors. 'A' series give the number of own-account enterprises and establishments with relevant characteristics classified according to nature of economic activity. 'B' series gives the principal characteristics of own-account enterprises and establishments classified by size class of total employment for each economic activity. Summary statements, which basically provide the sampling frame and planning material for follow-up enterprise survey, were generate for rural and urban sectors of each State/District separately. The reports were published both at State/UT level as well as All-India level.

1.11 Based on the frame thrown up by EC-1980, three follow-up surveys were carried out, one in 1983-84 on hotels & restaurants, transport, storage & warehousing and services, second in 1984-85 on unorganized manufacturing and third in 1985-86 on wholesale and retail trade.

1.12 The third economic census scheduled for 1986 could not be carried out due to resource constraints. The EC 1980 frame was updated during 1987-88 in 64 cities (12 cities having more than 10 lakh population and 52 class-I cities) which had problems of identification of enumeration blocks and changes due to rapid urbanization. On the basis of the updated frame, four follow-up surveys were conducted during 1988-89, 1989-90, 1990-91 and 1991-92 covering the subjects of hotels & restaurants and transport, unorganized manufacturing, wholesale & retail trade and medical, educational, cultural & other services respectively.

Third Economic Census (EC-1990) and follow up surveys 1.13 The Third Economic Census was synchronized with the house listing operations of the Population Census 1991 on the same pattern of EC 1980. The coverage was similar to that of EC1980. All States/UTs except Jammu & Kashmir, where population census 1991 was not undertaken, were covered.

1.14 The tabulation plan consisted of generation of tables giving the results of EC 1990 under for categories: (a) Agricultural own account enterprises, (b) agricultural establishments, (c) non-agricultural own account enterprises and (d) non-agricultural establishments. For each of these categories, details of number of enterprises, employment with rural - urban break up for each district were presented by size class of employment, major activity, etc. All these tables were grouped broadly in to three categories viz. (i) summary statements (ii) main tables and (iii) derived tables.

1.15 Based on the frame thrown up by EC 1990 four follow up surveys were carried out: (i) Enterprise Survey covering sectors of mining & quarrying, storage & warehousing in 1992-93; (ii) Enterprise Survey covering sectors of hotels & restaurants and transport in 1993-94; (iii) NSS 51st round covering directory, non-directory and own account enterprise in unregistered manufacturing sector in 1994-95 and (iv) Directory Trade Establishments Survey in 1996-97. NSS 53rd round covered the residual part of the unorganized trade sector in 1997.

Fourth Economic Census 1.16 With a view to meeting the demand of various user departments for the data on unorganized sectors of the economy and considering the nature of large number of small units which are subjected to high rates of mobility and mortality, it was felt that the economic census must be brought back to quinquennial nature so that an up-to-date frame can be made available once in five years for conducting the follow up surveys. It was also felt necessary to assess the impact of economic liberalization process on

In the fiscal year 2024, the number of employees working for UT Group Co., Ltd. amounted to approximately 53.5 thousand. The company was established in 2007 and is headquartered in Tokyo. Its main line of business includes staffing and personnel dispatching services in the manufacturing, research and development, and construction industries.