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State of Utah Economic and Demographic Profile Updated September 2011

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Updated September 2011. State of Utah. Economic and Demographic Profile. Population and Demographics. Employment. Income and Wages. Other Indicators. State of Utah Economic and Demographic Profile. This PowerPoint presentation was prepared by the Utah Department of Workforce Services. - PowerPoint PPT Presentation

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Page 1: State of Utah

State of UtahEconomic and Demographic Profile

Updated September 2011

Page 2: State of Utah

Population and Demographics

Page 3: State of Utah

0

500,000

1,000,000

1,500,000

2,000,000

2,500,000

3,000,000 Population

State of Utah

Source: U.S. Census Bureau; Utah Population Estimates Committee.

Page 4: State of Utah

1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 20100%

5%

10%

15%

20%

25%

30%

35%

40%Population Growth

State of Utah

U.S.

Source: U.S. Census Bureau.

Page 5: State of Utah

-10,000

0

10,000

20,000

30,000

40,000

50,000Net Migration

State of Utah

Source: Utah Population Estimates Committee.

Page 6: State of Utah

Wasatch

Tooele

Iron

Duchesne

Davis

State of Utah

Sanpete

Kane

Box Elder

Daggett

Wayne

Beaver

Grand

Carbon

Emery

55%53%

43%40%

37%33%

29%29%

28%24%

24%23%

22%22%

18%18%

17%15%

15%15%

11%10%10%

9%9%8%

5%2%

1%1%

2000-2010 Percent Change in Population

Source: U.S. Census Bureau.

Page 7: State of Utah

Under 5 years

5 to 9 years

10 to 14 years

15 to 19 years

20 to 24 years

25 to 34 years

35 to 44 years

45 to 54 years

55 to 59 years

60 to 64 years

65 to 74 years

75 to 84 years

85 years and over

10%

9%

8%

8%

9%

16%

12%

11%

5%

4%

5%

3%

1%

7%

7%

7%

7%

7%

13%

14%

14%

6%

5%

7%

4%

2%

2005-2009 Age Distribution

United StatesState of Utah

Source: U.S. Census Bureau; American Community Survey.

Page 8: State of Utah

Black/African

American Indian

Asian

Native Hawaiian

Some Other Race

Two or More Races

Hispanic/Latino

12.2%

0.7%

4.7%

0.2%

0.2%

1.9%

16.3%

0.9%

1.0%

2.0%

0.9%

0.1%

1.8%

13.0%

2010 Racial/Ethnic Share of Total Popu-lation

Utah

United States

Source: U.S. Census Bureau; American Community Survey.

Page 9: State of Utah

Less than 9th grade

9th to 12th grade, no diploma

High school graduate (includes equivalency)

Some college, no degree

Associate's degree

Bachelor's degree

Graduate or professional degree

3.1%

6.5%

25.4%

27.0%

9.2%

19.5%

9.3%

6.4%

9.1%

29.3%

20.3%

7.4%

17.4%

10.1%

2005-2009 Educational Attainment

U.S. Utah

Source: U.S. Census Bureau; American Community Survey.

Page 10: State of Utah

Percent high school graduate or higher Percent bachelor's degree or higher

90.4%

28.7%

84.6%

27.5%

2005-2009 Educational Attainment

Utah U.S.

Source: U.S. Census Bureau; American Community Survey.

Page 11: State of Utah

Employment

Page 12: State of Utah

0

200,000

400,000

600,000

800,000

1,000,000

1,200,000

1,400,000 Nonfarm Payroll Jobs

State of Utah

Source: Utah Department of Workforce Services.

Page 13: State of Utah

19901991

19921993

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

2010-6%

-4%

-2%

0%

2%

4%

6%

8%Annual Change in Nonfarm Jobs

Utah U.S.

Source: Utah Department of Workforce Services.

Page 14: State of Utah

Garfield

Emery

San Juan

Cache

Wayne

Uintah

Salt Lake

Summit

State of Utah

Morgan

Weber

Iron

Sanpete

Box Elder

Piute

5.1%3.8%

2.3%1.9%

1.6%1.3%1.3%

0.5%0.3%0.2%

-0.2%-0.3%

-0.4%-0.4%-0.4%-0.5%-0.6%

-0.8%-1.0%

-1.2%-1.5%

-2.6%-3.6%

-4.4%-4.8%

-5.6%-6.8%

-8.2%-9.0%

-10.5%

Percent Change in Nonfarm Jobs 2009-2010

Source: Utah Department of Workforce Services.

Page 15: State of Utah

Mining

Construction

Manufacturing

Trade/Transportation/Utilities

Information

Financial Activities

Professional/Business Services

Education/Health/Social Services

Leisure/Hospitality Services

Other Services

Government

-2.3%

-7.4%

-1.6%

-2.1%

-0.9%

-4.3%

1.9%

2.7%

-0.2%

-1.3%

0.9%

2009-2010 Change in Nonfarm Jobs

State of Utah

Source: Utah Department of Workforce Services.

Page 16: State of Utah

Total

% Change from Previous Year

Mining

Construction

Manufacturing

Trade/Transportation/Utilities

Information

Financial Activities

Professional/Business Services

Education/Health/Social Services

Leisure/Hospitality Services

Other Services

Government

-7202.83333333325

-249.5

-5243.25

-1797.83333333334

-4987.66666666667

-276.583333333332

-3085.25

2846.41666666666

4134.1666666667

-208

-443.333333333329

2030.66666666666

2009-2010 Percent Change in Nonfarm Jobs

State of Utah

Source: Utah Department of Workforce Services.

Page 17: State of Utah

Mining1%Construction

6%

Manufacturing9%Trade/

Transportation/Utilities

19%

Information2%

Financial Activities6%

Professional/Business Services

13%

Education/Health/Social

Services13%

Leisure/ Hospital-ity Services

9%

Other Services3%

Government18%

State of Utah Industry Employment Distri-bution

Source: Utah Department of Workforce Services.

Page 18: State of Utah

Mining

Construction

Manufacturing

Trade/Transportation/Utilities

Information

Financial Activities

Professional/Business Services

Education/Health/Social Services

Leisure/Hospitality Services

Other Services

Government

0.7%

6.7%

11.7%

20.4%

3.3%

5.5%

13.0%

9.5%

9.0%

2.7%

17.7%

0.9%

5.5%

9.4%

19.4%

2.5%

5.8%

12.9%

13.1%

9.4%

2.8%

18.3%

State of Utah Employment Distri-bution by Industry

2010 2000

Source: Utah Department of Workforce Services.

Page 19: State of Utah

19901991

19921993

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

20100%

2%

4%

6%

8%

10%

12%Unemployment Rates

State of Utah U.S.

Source: Utah Department of Workforce Services.

Page 20: State of Utah

Cache

Millard

Davis

Morgan

Summit

State of Utah

Emery

Tooele

Kane

Weber

Wasatch

Sanpete

Iron

Garfield

Grand

5.7%5.7%

6.5%7.0%7.1%7.2%

7.4%7.4%7.5%7.6%7.7%7.7%7.8%

8.0%8.1%8.2%8.2%8.3%

8.6%9.0%

9.2%9.3%9.4%9.5%9.6%

10.1%10.3%

10.5%10.8%

13.3%

2010 Unemployment Rates

Source: Utah Department of Workforce Services.

Page 21: State of Utah

0

1-4

5-9

10-19

20-49

50-99

100-249

250-499

500-999

1,000 & Over

0.0%

5.8%

7.6%

11.0%

16.6%

15.1%

14.6%

9.9%

6.2%

13.1%

Share of Employment by Firm Size

State of Utah

Empl

oyee

s

Source: Utah Department of Workforce Services.

Page 22: State of Utah

0

1-4

5-9

10-19

20-49

50-99

100-249

250-499

500-999

1,000 & Over

14.5%

43.7%

16.6%

11.9%

8.0%

3.2%

1.4%

0.4%

0.1%

0.1%

Share of Firms by Firm Size

State of UtahEmpl

oyee

s

Source: Utah Department of Workforce Services.

Page 23: State of Utah

Income and Wages

Page 24: State of Utah

19901991

19921993

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

2010$0

$500

$1,000

$1,500

$2,000

$2,500

$3,000

$3,500

State of Utah Average Monthly Nonfarm Wage

Nominal Wage

Inflation-Adjusted Wage

Note: Inflation adjusted wages reflect the rate of inflation as measured by the Consumer Price Index for All Urban Consumers, 1982-84=100Source: Utah Department of Workforce Services.

Page 25: State of Utah

Juab

Beaver

Wayne

Box Elder

Grand

Iron

Weber

State Total

Wasatch

Duchesne

Uintah

Millard

Cache

Carbon

Summit

-6.9%-3.1%-2.9%

-2.6%-1.5%

-0.7%-0.1%

0.4%0.6%

1.3%1.4%1.5%

1.9%2.0%2.0%2.0%2.1%

2.3%2.4%2.4%

2.7%2.8%

3.1%3.5%3.5%

3.9%4.2%

4.8%5.5%

6.7%2010 Change in Average Monthly Wage

Source: Utah Department of Workforce Services.

Page 26: State of Utah

Total Average Monthly Wage

Mining

Construction

Manufacturing

Trade/Transportation/Utilities

Information

Financial Activities

Professional/Business Services

Education/Health/Social Services

Leisure/Hospitality Services

Other Services

Government

$3,236

$5,836

$3,507

$4,108

$2,956

$4,266

$4,142

$3,903

$2,920

$1,326

$2,357

$3,322

2010 Average Monthly Wage by In-dustry

State of Utah

Source: Utah Department of Workforce Services.

Page 27: State of Utah

Mining

Construction

Manufacturing

Trade/Transportation/Utilities

Information

Financial Activities

Professional/Business Services

Education/Health/Social Services

Leisure/Hospitality Services

Other Services

Government

$731,522,742.0

$2,745,734,659.0

$5,476,197,777.0

$8,127,963,838.0

$1,499,062,639.0

$3,379,599,712.0

$7,136,657,276.0

$5,431,218,521.0

$1,759,928,550.0

$951,172,636.0

$8,638,810,642.0

2010 Total Nonfarm Wages by Industry

State of Utah

Millions

Source: Utah Department of Workforce Services.

Page 28: State of Utah

Rich

Sanpete

Garfield

Iron

Daggett

Cache

Sevier

Wasatch

Morgan

Utah

Millard

Carbon

Tooele

Duchesne

Salt Lake

$1,964$1,977

$2,117$2,138

$2,204$2,239$2,288$2,294

$2,419$2,459$2,488$2,496$2,502$2,544$2,598$2,635

$2,776$2,864$2,887$2,897$2,947

$3,129$3,187$3,236

$3,409$3,432$3,456$3,508

$3,623$3,848

2010 Average Monthly Wage

Source: Utah Department of Workforce Services.

Page 29: State of Utah

Less than $10,0005%

$10,000 to $14,9994%

$15,000 to $24,9999%

$25,000 to $34,99910%

$35,000 to $49,999

16%

$50,000 to $74,999

22%

$75,000 to $99,999

14%$100,000 to

$149,99913%

$150,000 to $199,999

4%

$200,000 or more3%

State of Utah 2005-2009 Household Income

Source: U.S. Census Bureau; American Community Survey.

Page 30: State of Utah

State of Utah United States

$55,642$51,425

2005-2009 Median Household Income

Source: U.S. Census Bureau; American Community Survey.

Page 31: State of Utah

19901991

19921993

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

$0

$5,000

$10,000

$15,000

$20,000

$25,000

$30,000

$35,000

$40,000

$45,000

Per Capita Personal Income

State of Utah U.S.

Source: U.S. Bureau of Economic Analysis.

Page 32: State of Utah

State of Utah United States0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%2009 Total Personal Income by Source

Personal Current Transfer Receipts

Dividends, Interest and Rent

Net Earnings by Place of Residence

Source: U.S. Bureau of Economic Analysis.

Page 33: State of Utah

San Juan

Utah

Juab

Piute

Tooele

Washington

Sevier

Box Elder

Wasatch

Beaver

Morgan

State Total

Davis

Carbon

Salt Lake

Summit

$20,404$20,963

$23,428$23,738$24,500$25,071$25,138$25,211$26,126$26,146$26,147$26,599$26,816$27,112

$28,186$28,443$28,605$29,034$29,359$29,844

$31,031$31,231$31,584$32,273$33,104$33,907$34,063$34,107

$37,276$39,635

$61,7192009 Per Capita Personal Income

Source: U.S. Bureau of Economic Analysis.

Page 34: State of Utah

Other Indicators

Page 35: State of Utah

19941995199619971998199920002001200220032004200520062007200820092010

19,747

21,558

23,737

20,68721,743

20,350

18,15419,675 19,541

22,83624,293

28,285

26,322

20,539

10,603 10,4889,344

New Dwelling Permits

State of Utah

Source: Utah Bureau of Economic and Business Research.

Page 36: State of Utah

$0

$1,000,000

$2,000,000

$3,000,000

$4,000,000

$5,000,000

$6,000,000Value of Residential Building Permits

State of Utah

Source: Utah Bureau of Economic and Business Research.

Page 37: State of Utah

19941995

19961997

19981999

20002001

20022003

20042005

20062007

20082009

2010$0

$500,000

$1,000,000

$1,500,000

$2,000,000

$2,500,000Value of Nonresidential Permits

State of Utah

Source: Utah Bureau of Economic and Business Research.

Page 38: State of Utah

2005 2006 2007 2008 2009 2010-10%

-5%

0%

5%

10%

15%

20%Percent Change in Gross Taxable Sales

Series1

Source: Utah State Tax Commission.

Page 39: State of Utah

State of Utah Economic and Demographic Profile

This PowerPoint presentation was prepared by the Utah Department of Workforce Services.

For a hard copy in pdf format, please go to the following website: jobs.utah.gov/opencms/wi and click on “County Info” then select the appropriate county.

PowerPoint slides are also available for downloading at this site as well as historical data.

For more information, contact Mark Knold at 801/526-9458 or [email protected]