Accolades & Rankings

Utah continues to be at the forefront of innovative and awe-inspiring economic opportunity initiatives. The state’s robust list of accolades is impressive, such as being the best-managed state in America and the number one state for economic outlook and recovery. Utah also maintains a AAA bond rating dating back to 1965 when Standard & Poor’s initiated its rating system. And today, all three rating organizations continue to classify Utah with a AAA bond rating.

Below, we’ve included a sampling of some of our recent recognition.

#1 State for the Middle Class


Utah No. 1 for the middle class
SmartAsset — April 2022

Best Economic Outlook


Utah ranked No. 1 for the 15th year in a row
Rich States Poor States — April 2022

#1 State for COVID-19 Performance


Best-Performing Large Cities


Best-Performing Cities 2022
#1 = Provo-Orem
#3 = Salt Lake City
#13 = Ogden-Clearfield
Milken Institute — March 2022

Best-Performing Small Cities


Best-Performing Cities 2022
#1 = Logan
#2 = St. George
Milken Institute — March 2022

#1 State for GDP Growth


Utah No. 1 for GDP Growth (2021)
Forbes — August 2021

#3 State for Business


#1 State Economy


Utah ranked No. 1 for best economy
WalletHub — June 2021

Best Economic Outlook


Utah ranked No. 1 for the 14th year in a row
Rich States Poor States — May 2021

Best Economy


#4 State For Millennial Business Owners


#3 Economy


#1 Economy


Most Independent State


#3 State for Business


Best States for Business
Forbes — Dec. 2019
For a decade, Forbes has ranked Utah a top-three Best State for Business, including six times in the No. 1 spot.

America’s Economic Star


Why Utah Has Become America’s Economic Star
The Wall Street Journal — Dec. 2019

Best Economic Outlook


Top 5 States With the Best Economic Outlooks
FOX Business / The Heritage Foundation — Dec. 2019
Utah has held the No. 1 spot since 2012.