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Show The Mai?na TimeWet Valley April 4, 2002 New, Business Utah could see vibrant economy in second half of 2002 According to the Spring 2002 issue of Zions Bank's Insight - Economic News of Utah and the Nation released this week, the prospects for economic growth in Utah look increasingly better as 2002 progresses. "Utah is in a recession for the first time in a generation, with additional job losses likely in coming months," said Jeff Thredgold, economic consultant to Zions Bank and author of Insight. ments for the state of Utah, the Intermountain region, and the nation. The Spring 2002 issue also examines the question of whether or not the U.S. economy actually experienced a recession. Following are a few highlights from the "Utah Economic Outlook" section of the Spring 2002 issue: Economic activity in Utah has been weak during the past six months and is likely to remain so through "However, solid U.S. economic growth now underway, as well as expectations of stronger global economic ' ing the past 12 months, the first net employment decline in a generation. The state's unemployment rate has averaged in the "low 5s" in recent months, the highest level since the early 1990s. In con-- : trast, the Utah unemployment rate averaged 3.6 percent during the period 1 997 to 2001. The state's Olympic success will help expand what is already Utah's seventh largest industry ... sports. ( The state's sports industry is estimated at $1.56 billion 2002. The state's longer-tereconomic prospects - as well as the state's sometimes puzmid-ye- ar m performance, should contribute to positive Utah job creation and a more vibrant economy during 2002's final six months, as well as throughout 2003." The quarterly Insight publication features updates on current and projected economic and financial develop zling image around the world - will benefit from the enormously successful 2002 Olympic Winter Games. While the Games were a great success, the reality of a Utah recession is genuine. The. state has lost roughly 4,000 jobs (0.4 percent) dur-- The state's vital convention business will also parlay the successful Olympic experience into greater business in the future. The final 10 months of this year will find more than 160 conventions .. 12 Such a development marks the end of a powerful run of nearly 20 years of impressive job creation. Since 1983, in the U.S. The Zions Bank Small The annual Job Expo, coordinated by SLCC students enrolled in Marketing 1910 - Event Marketing,'learn to plan, coordinate and present a large scale event such as the Job Expo. opportunity to meet with managers, sales people and perspective employers from about 150 Salt Lake area companies, in fields such ascomputer and programming industry, health care organizations, construction companies, staffing services as well as many area hotels and restaurants. Previously, the event has attracted about 8,000 people. Wednesday, April 10 from 9 a.m. to 3 p.m., in the Lifetime Activities Center's Bruin Arena on SLCC's Redwood Campus, 4600 S. Redwood Rd. At the Job Expo, students and community members will have an bringing nearly 220,000 attendees to Salt Lake City. Most Western states unemployment. Salt Lake Community College to hold job expo Salt Lake Community College will host its 21st annual Job Expo, called "Explore Your Future" annually. Business Index for Utah has been relatively stable in recent months, with weaker Utah job growth partially offset by lower business financing costs and higher employment in Western states (other than California) grew by 80 percent, compared with about 40 percent in California, and 35 percent have suffered employment declines during the past months, including Utah. For more information about the Job Expo, please call Barbie Willett at (801) 957-468- 2. Business Directory call To place your advertising, 250-565- 6 Tree Service; T.U.r.1, Removal Pruning Trimming Shaping Thinning Deadwooding Stump Grinding Chipping Firewood Brush Trimming and Removal Sod Installing Landscaping Cleanup Hauling can '$2500': m : 250-TRE- E I Count On OW confusing estate plan. 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