From fiscal crisis to funding surplus: Herbert prepares for his final legislative session

January 25, 2020 (Deseret News)

Utah now has the No. 1 economy in the nation and a job growth rate of 33.5% since the Great Recession, a percentage that leads the nation.

The state’s unemployment rate went from 8% 10 years ago to 2.3% — a new record Herbert said could drop even more.

“I think the economy is going to get even better,” he said.

He also pointed to a Utah Foundation assessment that put the percentage of income that goes toward state taxes in Utah at the lowest rate in 27 years.

“We are in a very good place,” he said during an interview on KSL Newsradio.

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