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Business & Labor

It may be autumn in a couple of days but wildfire season isn't slowing down. People living in parts of Wyoming, Colorado, and Utah remain evacuated from their homes because of nearby wildfires. And the flames are fueling another thing-private firefighting companies.

The outdoor recreation industry is growing faster than ever, especially in our region. In fact, new statistics show this sector grew faster than the overall U.S. economy.

The ongoing trade war with China is feeling close to home these days. Mounting tariffs on outdoor recreation gear may hit the wallets of folks in the Mountain West who love going outside.

On Monday, the Trump administration announced $200 billion dollars worth of new tariffs on products from China.

“This is going to include backpacks, sport bags, leather ski gloves, bikes and some camping equipment,” Rich Harper, a trade analyst with the lobbying group Outdoor Industry Association, said.

Julia Ritchey / KUER

Sen. Orrin Hatch told Salt Lake business leaders on Friday that President Trump’s escalating use of tariffs could threaten to undermine the state and country’s recent economic gains.

This summer, the housing market was expected to be extremely competitive, with lots of buyers vying for a limited number of homes. But it turns out, the housing market, including in our region, may finally be cooling down.

Lawrence Yun, chief economist with the National Association of Realtors, says home prices have been rising too fast -- much faster than people’s incomes.

Kelsie Moore/KUER

Coming soon to the Salt Lake real estate market: 83 affordable studio, one-bedroom and two-bedroom apartments, like new, used once or twice, imported from China. Previous tenant: dry goods.

Today’s jobs report that puts unemployment at a low of 3.9%  is not necessarily good news for companies competing for potential workers, especially in rural areas, where it’s already challenging to attract labor. Businesses and governments are coming up with creative solutions.

family portrait in mountains.
istock.com / yanik88

Portrait photographers working in the region have been getting reminders lately of a federal rule that they need permits to shoot on forest service land.

Man working on scaffolding.
iStock.com / ilkercelik

Utah and Idaho were the leading states for employment growth over the past year, according to new data released by the Bureau of Labor Statistics. Also in the top five were Nevada and Colorado.

Austen Diamond / KUER

Parts of the Mountain West region have joined a number of state legislatures introducing tax credits to help low-income Americans. Utah could be the latest.

Senate Majority Leader Mitch McConnell may seem like an unlikely champion for an illegal substance, but the Kentucky Republican just added the legalization of marijuana’s non-psychoactive cousin, hemp, to the Senate farm bill. The industrial hemp business is increasingly seen as an economic savior and substitute for vulnerable industries like mining, especially in Colorado, one of the first states in the nation to make hemp legal at the state level.

President Trump has overturned a rule requiring outfitters to pay river and backcountry guides on public lands a minimum wage.


Last weekend, 30 some years of regulars raised a glass to Turner’s Sportsfair, an iconic dive bar and tackle shop on State Street in Boise. Bartender Tammy Wood has worked at Turner's for 35 years. With Boise and many cities across the Mountain West experiencing rapid growth, that means change for some historic neighborhoods and businesses.


Young Living

Hundreds of mourners gathered in Juab County on Friday to celebrate the founder of the Utah-based essential oils company, Young Living. Gary Young died on May 12 following a series of strokes. 

 

Nicole Nixon / KUER

Facebook and British consulting firm Cambridge Analytica have been under fire over misuse of personal data. Lesser known is the role a company in Utah’s Silicon Slopes played.

KSL Radio, DMC

Doug Wright, host of Utah's flagship radio talk show on KSL Newsradio, is ending his full-time radio career after nearly 40 years at the Mormon church-owned station.

Utah Department of Workforce Services, U.S. Bureau of Labor Statistics

The number of employed Utahns for February 2018 grew by an estimated 3.2 percent, adding 45,700 non-farm payroll jobs to the economy since February 2017.

Ranchers and farmers in the Mountain West ship a lot of products overseas to China. Now the Trump administration is expected to hit China with $60 billion dollars worth of annual tariffs.

Last year China opened its doors to U.S. beef for the first time in more than a decade.

Montana ranchers jumped at the opportunity. They signed a multi-million dollar deal with a large Chinese company to sell beef.

istock

The first Outdoor Retailer Show opens Thursday to a jam-packed Colorado Convention Center in Denver. Its new home follows a major falling out between outdoor industry groups and the state of Utah, including Utah Governor Gary Herbert.

iStock

NOTE: This story has been updated from original publish date. Two Northern Utah Ski Resorts are set to open the day before Thanksgiving according to Ski Utah, the trade group promoting Utah’s ski industry.


Julia Ritchey / KUER

Farmers and ranchers from across the state are gathering for the annual Utah Farm Bureau convention this week in Layton.

Snapchat Sets Up Shop In Silicon Slopes

Nov 9, 2017
Courtesty of Utah Technology Council

Snapchat has officially set up shop in Utah's Silicon Slopes.

Utahns Have More Money And They're Ready To Spend It

Oct 26, 2017

Utahans are spending more money, because they have more money. The Federal Bureau of Economic Analysis looked at primary expenses in the 50 states, what we’re buying, and how much it costs consumers. Results show Utah spent 6.2 percent more in the last year than the previous one.

iStock

Wine makers in northern California are assessing damage to their properties, though for one Park City-based vintner, their fruit was processed before the fires started.

Utah Olympic Legacy Foundation

There are many positives and very few negatives to a possible Winter Olympic bid for the 2026 games.

Nicole Nixon / KUER

After getting an economics degree from Brigham Young University, Chase Zenger got a job in Silicon Valley. He missed Utah, and a few years ago he moved back to Provo to work for big-data company Qualtrics. But Zenger says he just wasn’t getting the opportunities he wanted to advance his career.  

Young Living logo

The U.S. Department of Justice is ordering Utah-based Young Living Essential Oils to pay $760,000 for illegally trafficking tree oil from South America.

Julia Ritchey, KUER


Matt Pinnell works for SilencerCo, one of the largest manufacturers of suppressors based in West Valley City. He’s conducting a sound test at a nearby shooting range to demonstrate the difference in noise levels with and without a silencer.

Federal Judge Strikes Down Utah "Ag-Gag" Law

Jul 10, 2017

On Friday a federal judge ruled that Utah’s so-called “ag-gag” law is unconstitutional.

istock


New research out of Brigham Young University shows that when advertising focuses on what a consumer can touch and taste, they’re more likely to want what’s being sold as soon as possible.

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