Saturday, November 1, 2008

Utah Has Strong Economic Fundamentals

UTAH HAS DEMAND FOR HOMES
Utah's population is growing
In 2007, Utah had population growth of nearly 84,500 people, the highest single year increase in the state's history.
Utah's population increased 3.2 percent from 2006 to 2007, the highest growth rate Utah has experienced since the early 1990s.
25,000 to 30,000 new households were formed in 2007.
Utah is expected to add another 84,000 people in 2008.
In 2007, the state added more persons due to natural increase than in any previous year in its history, the result of nearly 54,000 births.