Economy

Utah Sees Lower Gas Prices

You might be happily surprised next time you go to fill up your tank.  According to a recent report by AAA, Utah’s average price for a gallon of gasoline is down nearly 31 cents across the state. AAA Spokesperson Rolayne Fairclough says this is a traditional time for low gas prices however she says a…

Economy

Utah Home Sales On The Rise

Utah home sales are on the rise. According to Utah Association of Realtors, the housing market has been improving for the past 7 months. Association President Cal Musselman says home sales have risen nearly 12 percent since last October. “It’s the law of supply and demand and that’s what we are finally seeing in our…

Economy

Spending in Utah Takes Dip After Romney Loss

Consumer confidence in Utah took a big dive this month according to the Zions Bank Consumer Attitude Index report on consumer spending.  Randy Shumway, CEO of the Cicero Group, says the consumer attitude index fell more than 11 points, which he attributes to Utah favorite Mitt Romney losing the Presidential election. “You saw a really…

Economy

Utah Sees Surge in Hiring

Those looking for work in Utah could be in luck. A new study released by the Utah Department of Workforce Services shows a statewide increase in job openings. KCPW’s Charlotte Duren reports.

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Economy

Dept. of Commerce Warns of Super Storm Scams

In the wake of Super storm Sandy, the Utah Department of Commerce is issuing a word of caution for Utah residents looking to help. Executive Director Francine Giani says spam attacks began filling email inboxes hours after the storm.

Economy

Consumer Spending Up Across the Wasatch Front

Consumer spending across the Wasatch Front is up 3.9 percent over the past 12 months, two percent higher than the national consumer price index, according to the Zion’s Bank Consumer Attitude Index.  Randy Shumway, CEO of The Cicero Group, says improvements in the housing market and the continued decrease in unemployment have lead to a…

Economy

Home Prices Up in Salt Lake County

Home prices in Salt Lake County are on the rise. Third quarter home prices are up 11 percent from 2011 according to the Salt Lake Board of Realtors.  President Donna Pozzuoli says this is the first time in five years that Salt Lake County home prices have made a comeback. “When you look across the…

City Beat

Airport TRAX Line to Open Ahead of Schedule

Those looking for easier transportation to the Salt Lake City International Airport can look forward to riding TRAX sooner than originally planned. Utah Transit Authority has announced the new line will open in April 2013.

Economy

Intergenerational Poverty Data Shows Women and Children Hit Hardest

More than 51,000 children in Utah live in poverty. That’s according to recent data collected by the Department of Workforce Services in its first annual report on intergenerational poverty in the state. The data shows that 13.2 percent of Utahns receive public assistance, and that one in every six children lives in poverty. Senator Stuart…

Economy

McAdams Unveils Economic Development Plan

Salt Lake County Mayoral Candidate Ben McAdams announced his plan for economic development Tuesday morning to a crowd at South Salt Lake’s CHG Healthcare Services facility. The Democrat says he wants to cut down on red tape for those trying to start a business to help spur job growth and build the economy. His opponent,…

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