The longer you stick around Park City, the more you realize that we are really ruled by two things, the Utah legislature and the Governor. With all due respect to our city and county councils, most material decisions come back to whether our “benevolent” rulers in Salt Lake City will squash us like a bug. …

What does it mean if it doesn’t start snowing? Well, it makes winter here less fun… but it also means our local governments miss out on sales tax, report taxes, and Transient Room Tax (basically taxes paid by visitors using our hotels that can be used for specific things like tourism, recreation, etc.). It appears …

We saw this infographic a few days ago. It shows the richest person in each state. In Utah, the richest person is Gail Miller… of Larry H Miller fame. What is interesting though is that her $1.2 Billion net worth puts her at 43rd place on the list. It’s somewhat surprising since Utah often ranks #1 …

Local Park City ski, board, and long board maker RAMP Sports appears to have closed up shop. The company’s facility, that used to be near the Home Depot, now sports a “For Lease” sign. According to a Facebook post by a sponsored skier, the company had an investor pull out. That’s too bad for a company who …

During the past few weeks, ground broke for the first building built specifically for a tech company in the Boyer Tech Park . Wouldn’t you know, yesterday that tech company was sold. The Verge is reporting that Skullcandy, a Park City based technology company, was purchased by Incipio for $177 million. Incipio is best known as a maker of …

As the stock market has dropped over 6% in the last 5 days, the Chinese economy is slowing, and there are signs that boom we’ve seen since the end of the great recession is coming to a close, I feel bad for those of us that will be negatively impacted by the next recession. However, …

A few days I posted entitled The Canaries in the Coal Mine are Telling Us To Take Notice indicating that we may be in for a rough economic patch ahead. From the responses in comments, via email, and in stores around down I can tell FEW PEOPLE share my view. It was almost as if I posted …

Hang on. It’s going to be a bumpy ride. This morning two things happened. The first was that Walmart announced it was closing 154 locations in the US (none in Utah, though). The second was that Fastenal, the foremost maker of parts used in construction, missed its earnings estimates. Anytime Walmart decides to close stores, …

The National Association of Counties has published their County Economies 2015 Opportunities and Challenges overview. The report looks at unemployment rates, GDP Expansion, wages, and productivity for each of the 3,069 counties in the United States. Specifically it looks at whether jobs, unemployment, GDP, and Home prices have recovered since the great recession. Only 214 counties …