Economy, Utah | featured news

European slowdown hitting some states hard

Eurozone Risk to U.S.

The European meltdown is weighing heavily on the U.S. economy, with states that rely heavily on exports most at risk from the deepening crisis overseas. An analysis by Wells Fargo estimates that Utah and West Virginia economies face the biggest risk from the problems in the eurozone, while many Western states including Wyoming and Colorado are unlikely to see much impact.

 

Study looks at economic mobility state by state

Economic Mobility

The ability of individuals to achieve the American dream depends on where they live, according to the first state-by-state look at the opportunity to move up the economic ladder. People who live in Maryland, New Jersey, New York, Connecticut, Massachusetts, Pennsylvania, Michigan and Utah are more likely to improve their economic standing after their prime working years than the typical American, a study by the Pew Charitable Trusts finds.

 

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