Kelly K. Matthews, Ph.D, Executive VP and Economist; Wells Fargo & Company
Can Utah's Economy Survive the Housing Weakness? Presentation Summary
Utah’s economy continues the strongest in the nation. Dark economic clouds, however, are gripping the nation’s housing industry. National credit markets are pointing to a significant change in risk evaluation and increased cost of credit. What will or should the Fed do? Can Utah’s job growth be sustained through the disequilibrium adjustment necessary in the housing industry? And, are consumers used to $3.00/gallon gasoline?
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