We are continually hearing reports that Utah's economy is one of the best in the nation. Construction jobs are plentiful, wages are up, and skilled workers are in high demand. So what's driving Utah's economy?

When the Great Recession began back in 2008, jobs, money, and workers disappeared. Although Utah was hit hard by the economic downturn, we fared better than many other states in the country. We slowly but steadily climbed our way out and have led the way throughout the recovery period. Now, Utah is cashing in on the pent-up demand for new construction. Jon McEntire, CFO of Okland construction believes the state is in a catch-up period, where a lot of private developers are moving ahead with projects. In addition, the economy is strong, unemployment is low and businesses are expanding.

Furthermore, incentives offered by the state of Utah, as well as low interest rates are helping builders make better economic sense for new projects. Confidence is up, which means demand is up.

Everyone is cautiously optimistic about Utah's future. Things are expected to level off, but things also continue to look good for Utah's contractors.