Utah economists predict stimulus bill will provide big bounce to state
and last updated 2021-03-10 15:26:29-05
SALT LAKE CITY â Economists predict that the
nearly $2 trillion stimulus bill passed Wednesday by Congress will provide Utah with a booming economy as the state has fared much better than most other states during the pandemic.
These predictions came during a virtual roundtable held by the University of Utah s Kem Gardner Policy Institute. Moody s is calling the national economy rip roaring . I d maybe characterize Utah s economy in next year, year and a half as rip roaring plus . as what I think is likely to happen given this level of stimulus, said Phil Dean, a Public Finance Research Fellow at the Institute.