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Utah State (U.S.A.), ‘’Best States for Business’’ is a land of mining, charity, tourism, and petroleum production




With its growing market of + 3 million consumers, Utah is particularly well-known as the top state in the nation for Economic Dynamism.  

The gross state product of Utah in 2012 was US$130.5 billion; 0.87% of the total United States GDP of US$14.991 trillion for the same year.

In terms of "small business friendliness", in 2014 Utah emerged as number one, based on a study drawing upon data from over 12,000 small business owners.
In eastern Utah petroleum production is a major industry. Near Salt Lake City, petroleum refining is done by a number of oil companies. In central Utah, coal production accounts for much of the mining activity.

According to Internal Revenue Service tax returns, Utahns rank first among all U.S. states in the proportion of income given to charity by the wealthy. This is due to the standard 10% of all earnings that Mormons give to the LDS Church.


Utah collects personal income tax; since 2008 the tax has been a flat 5 percent for all taxpayers. The state sales tax has a base rate of 6.45 percent, with cities and counties levying additional local sales taxes that vary among the municipalities. Property taxes are assessed and collected locally. Utah does not charge intangible property taxes and does not impose an inheritance tax.

Tourism is a major industry in Utah. With five national parks (Arches, Bryce Canyon, Canyonlands, Capitol Reef, and Zion), Utah has the third most national parks of any state after Alaska and California. 

Mining has been a large industry in Utah since it was first settled. The Bingham Canyon Mine in Salt Lake County is one of the largest open pit mines in the world.
Salt Lake International Airport is the largest airport in Utah.

FrontRunner commuter rail serves cities from Ogden to Salt Lake City to Provo.

TRAX light rail serves Salt Lake County.
I-15 and I-80 are the main interstate highways in the state, where they intersect and briefly merge near downtown Salt Lake City.
The Utah Transit Authority (UTA), which operates TRAX, also operates a bus system that stretches across the Wasatch Front, west into Grantsville, and east into Park City.
Salt Lake City International Airport is the only international airport in the state and serves as one of the hubs for Delta Air Lines. The airport has consistently ranked first in on-time departures and had the fewest cancellations among U.S. airports.


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