Learn about the economy of Utah, including major industries, sectors and gross state product.
In 2010, the gross state product of Utah was $114.5 billion, while the per capita income was $41,750. Petroleum is a major industry in eastern Utah, while coal is mined in central Utah.
Tourism is an important sector of the economy. It has many national parks and seven national monuments. It has the third most national parks in the country and is known for its winter activities. 2002 Winter Olympics were held in the state.
Major industries in the state are mining, cattle ranching, government services, and salt production. It is ranked the top state in the country for Economic Dynamism. Sales tax is at 6.45% and the state collects personal income tax. Major agricultural outputs include hay, corn, livestock products, poultry, and barley. Mining is another important sector of Utah's economy. Minerals mined in the state are copper, gold, silver, molybdenum, zinc, lead, and beryllium.
| Gross state product |
$ 114.5 billion |
| Per capita income |
$41,750 |
| Unemployment rate |
6.8% |
| Major industries |
Manufacturing industries, agriculture, petroleum and mining |
| Major sectors |
Agriculture, manufacturing, tourism |
