Please be sure to mark your calendars for EDCUtah's Annual Open House, which is next Wednesday, Dec. 16, from 4 - 6 p.m. at our office on the 21st floor of One Utah Center. You'll enjoy some excellent finger food and the opportunity to connect with all of your friends and associates in economic development. I truly hope to see you there. RSVP by clicking here.

Breaking news: We have just been notified that the FlyFishing Retailer (FFR) World Trade Expo will be joining the Outdoor Retailer Summer Market (ORSM) beginning in 2010! This is an exciting move that clearly strengthens the ORSM and further enhances the enormous economic impact of the Outdoor Retailer summer trade show for Salt Lake City and Utah. Over 30 percent of FlyFishing Retailer companies already exhibit at Outdoor Retailer and those that haven't have been invited to participate in the Outdoor Retailer Summer Market 2010 Trade Show, which will be held Aug. 3-6 at the Salt Palace Convention center.

Also, I hope to draw your attention to today's feature story (below). It introduces the focus of our Fall Site Selection Quarterly newsletter, which is a special publication that we distribute to a broad group of site selectors and corporate decision-makers throughout the country. The Fall edition of the newsletter delves into Governor Gary Herbert's vision for economic development in Utah. Having personally visited with Governor Herbert regarding his vision for economic development, I can tell you--resoundingly--he is right on track.



Today's Economic Review also includes links to many of the economic development-related news stories from the past week. As always, if you have comments, suggestions or topics you'd like to see in the Economic Review, please contact us by clicking the "Comments" link on the bottom of this page. Enjoy!

Jeff Edwards
President and CEO

In the News

Three in Utah named among 'America's Best Bang-for-Your-Buck Cities'
Forbes ranks Ogden-Clearfield 10th, Provo-Orem 14th, and the Salt Lake City metro area 55th among America's 100 Best Bang-for-Your-Buck Cities.
(Forbes)

EBay expanding in Utah, will add jobs
Internet auction giant eBay Inc. has officially committed to further expand its global customer support operations in Utah with the addition of more than 200 jobs.
(Deseret News) (KSL) (Salt Lake Tribune)

Grand opening for 222 Main tower
The Salt Lake City skyline has taken on a new look with the addition of a state-of-the-art downtown office tower.
(Deseret News) (Salt Lake Tribune)

USTAR 2009 research recap
In aggregate, for fiscal years 2007-2009 combined, the state's investment in USTAR research teams totaled $33.7 million. Based on that investment, these teams have - according to preliminary figures – won more than $71.3 million in federal and industry grants, leveraging state funds on more than a two-for-one basis.
(innovationUTAH)

Forbes ranks 4 Utah universities among the top
The University of Utah ranked 16th, Utah State University ranked 24th, Weber State ranked 43rd, and Utah Valley University ranked 79th in Forbes Magazine's annual list of top public colleges to attend.
(Standard-Examiner)

Falcon Hill close to 'go' on building
It's getting closer to an actual go on construction of the first two buildings in the massive Falcon Hill project at Hill AFB.
(Deseret News)

County OKs economic recovery bonds
In an effort to stimulate the local economy and create jobs, the Washington County Commission approved a resolution Tuesday that would allow more than $20 million in economic recovery bonds.
(Spectrum)

Salt Lake City rolls out plan for downtown streetcars
Salt Lake City wants to make the dusty black-and-white picture books of downtown bound to life. Mayor Ralph Becker imagines a 21st-century version of the city's old streetcars snaking through the capital's urban catacomb.
(Salt Lake Tribune)

After the flame, Utah's resorts have grown quite a bit
In addition to great powder snow and a long winter, Utah's ski industry is blessed by the lingering buzz of the 2002 Winter Olympics, plus a major nearby airport that makes getting to Salt Lake City easy from other parts of the country.
(Standard-Examiner) (Reading Eagle)

Let the private sector flourish, Romney says
The most effective way for the federal government to stimulate the economy is to get out of the way of the country's entrepreneurs, according to former Massachusetts Gov. Mitt Romney.
(Deseret News) (Salt Lake Tribune)

USU's business school angling for the top
The first thing Doug Anderson noticed when he stepped into Utah State University's business school as its new dean was a useless relic of the 20th century that summed up everything he wanted to change.
(Salt Lake Tribune)

Calendar

December 15

"Enlightened Entrepreneurs" -- Speed Mentoring and Networking for the Common Good (Press Release)

December 16
Holiday Open House (EDCUtah)

January 13, 2010
13th Annual Washington County Economic Summit 2010 at the Dixie Convention Center. (St. George)

May 3-6, 2010
BIO (Chicago, IL)

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The EDCUtah Economic Review is a weekly publication of the Economic Development Corporation of Utah. It is distributed to EDCUtah partners and selected other government and civic organizations interested in Utah's economic development.

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