Wednesday, February 6, 2013

Business startups accelerating in Price

Last week Utah Governor Gary Herbert addressed the state of the state, touting a state economy trending upward despite fear over federal regulation and spending. Similarly, statistics and investment trends in Carbon County outline impressive growth and diversification in the face of ongoing challenges within the energy sector.

According to Tatton, nearly $16 million has been invested in the area's economy recently, not counting upcoming projects planned between Price City and USU Eastern. This sizable investment, coupled with the tax base it creates, lends credence to those who see an uptrend concerning Carbon County's economic future.

While the investments do show a trend toward growth, the area's economy was born by the energy industry and continues to live in its light. Sun Advocate