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Economists at the Utah Department of Workforce Services manage this page to provide timely economic data and analysis for the state. Contact Us
Featured Post
Understanding Location Quotients: Unveiling Economic Specialization in Utah
By Micheal Jeanfreau, Senior Economist — Knowing the profile of an area's economic structure is the first step toward managing and fostering economic and workforce development. Location quotients (LQs) are a statistical tool used to probe the relative concentrations of specific industries, occupations, or types of employment in geographic areas compared to the national average. LQs provide insights into any area's economic specialization and help identify unique strengths and weaknesses that underlie its economic landscape...