Utah Earns No. 1 Economic Outlook Ranking for 19th Consecutive Year

Utah has once again been named the No. 1 state in the nation for economic outlook, marking its 19th consecutive year at the top, by Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index. This distinction reflects continued opportunity, stability and a strong foundation for Utah families to build a better future.

Unlike many rankings that measure past performance, the index evaluates forward-looking policies to determine where opportunity is most likely to grow. For nearly two decades, that answer has consistently been Utah.

“One of Utah’s greatest strengths is that we plan with our children and grandchildren in mind,” said President J. Stuart Adams. “Whether it’s infrastructure, education or economic development, the focus isn’t short-term gain, it’s long-term strength. This foresight is how we create lasting opportunity and ensure the next generation inherits an even better Utah. Our young adults graduating high school and entering the workforce today have never known Utah without a strong economic outlook. That’s what nineteen years represents, not a streak, but a standard.”

Over the past 19 years, Utah’s economic approach has produced measurable results for Utahns. The state leads the nation in adjusted median household income growth, increasing by nearly 80% since 1970. An indicator of rising financial security and expanding opportunity for families.

Utah’s economic strength is also reinforced across multiple national rankings. The state has been named No. 1 state overall for three years running, No. 1 in GDP growth and #1 for upward mobility twice in a row. Additional distinctions include top regional rankings for starting teacher salaries and for protecting children’s mental well-being.

“Utah continues to lead the nation in economic outlook because of the hardworking Utahns who call our state home,” said Speaker Mike Schultz. “Behind this ranking are families, small business owners and workers who show up every day to build stronger communities and a brighter future. Our responsibility is to match that effort with policies that keep opportunity growing, support job creation and ensure responsible stewardship of taxpayer dollars. We’re committed to building on this success so the next generation of Utahns can continue to live, work and raise a family here, with the same opportunities that have defined our state for nearly two decades.”

Together, these indicators point to a strong and stable economy that continues to attract investment, create jobs and support thriving communities across the state. This means more jobs, expanded opportunity and more businesses choosing to invest in Utah, ensuring that hard work continues to translate into upward mobility for families and that this promise holds true not only today but into the future.

“Utah continues to set the national standard for pro-growth policy and long-term economic competitiveness,” said Jonathan Williams, chief economist and executive vice president of policy at the American Legislative Exchange Council. “Year after year, the state’s commitment to sound fiscal policy and a strong economic climate makes it a model for the rest of the country.”

Utah’s economy is shaped by the work ethic of its people and the strength of its communities, driving steady, long-term growth and delivering real results. Together, the foundation supports an economy that is both resilient and reliable, one that Utahns can count on.​

By maintaining a focus on responsible policy grounded in limited government and free markets, workforce development and community investment, Utah continues to strengthen its position for long-term success.

Utah’s No. 1 ranking is more than a recognition of past success; it signals that the policies and priorities shaping the state today will continue to expand opportunity and support long-term prosperity for Utah families.