Utah soared above its rivals in a variety of rankings, earning an A-, A, or A+ grade in 9 of 12 possible rankings. The state’s best showing was for ease of starting a new business, where the state earned an A+ for its ranking as #3 easiest state in the country for starting a new business. The state’s businesses were also the #3 most optimistic nationwide about their economic future.
Surprisingly, male-owned small businesses in Utah felt significantly more supported by the state than their female counterparts. Male entrepreneurs were 14% more likely than female entrepreneurs to rate Utah as supportive or very supportive of small business.