14 Core Economic Indicators National Ranking
Economic Scale & Vitality National Ranking
Innovation & Enterprise National Ranking
Human & Capital Living National Ranking
Structural & Policy National Ranking
STATE PERFORMANCE GAUGE CHARTS
US STATES ECONOMIC & INNOVATION COMPETITIVENESS
An executive-grade benchmarking index developed by theboardiQ LLC to evaluate and rank the macroeconomic strength, innovation capacity, and structural competitiveness of 50 States in the United States.
Designed for corporate board directors, institutional investors, and policymakers, the index synthesizes raw macroeconomic and institutional data into a standardized 0–100 Composite Score across 4 Strategic Macro Pillars and 14 Underlying Sub-Metrics.
The Executive Dashboard incorporates a boardroom governance matrix mapping strategic mandates, benchmark metrics, director compensation, and critical oversight inquiries across 9 Board Roles/Industry Lens
COMPETITIVENESS SWOT
Utah
Strengths
• Ranked #3 nationally in Labor Force Participation (67.1%) and low unemployment (3.5%)• Vibrant tech sector ("Silicon Slopes"), strong financial services, and bioscience hubs• World-class outdoor recreation ("The Greatest Snow on Earth") driving year-round tourism
Weaknesses
• Acute water scarcity, Great Salt Lake environmental risks, and winter air quality issues• Rapid population growth causing acute housing affordability pressures• Structural tax challenges and high dependence on seasonal tourism revenue
Opportunities
• Continued expansion of tech, software, cybersecurity, and fintech clusters• Clean energy development (geothermal, solar, green hydrogen) and grid expansion• Sustainable infrastructure investment and transit-oriented development
Threats
• Severe drought, Great Salt Lake toxic dust exposure risks, and water rights conflicts• Housing cost escalation driving out-migration of lower-income families• Climate change impacts on winter snowpack disrupting outdoor tourism economy
METRICS DEEPDIVE
Economic Scale & Vitality
GDP
Trade
Trade Overall Rank | Trade Surplus / Deficit | Exports in Millions USD | Total US Overall Exports 2026 YTD | Export % |
|---|---|---|---|---|
12 | $199 | $22,334 | $1,639,475 | 1.36% |
Imports in Millions USD | Total US Overall Imports 2026 YTD | Import % |
|---|---|---|
$22,135 | $2,415,187 | 0.92% |