January 20, 2014

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Economic Club of Utah Formed

Press Release

January 20, 2014

Salt Lake City – Utah Gov. Gary Herbert joined more than 400 business and community leaders and economists have launched the Economic Club of Utah. This new formal association of economists, business professionals and public policy analysts is intended to provide a forum to share research, data and analysis important to the success of the Utah economy. Economic clubs are prevalent in major metropolitan areas such as New York, Chicago and Washington, D.C. Community leaders felt it was time for Utah to organize a club of its own.

“Great American cities have prestigious forums for intellectually motivating and deeply relevant economic discussion,” said Dean Taylor Randall of the University of Utah’s David Eccles School of Business, which will serve as the organizing entity for the new club. “We will bring together leading economists and business leaders to better understand the Utah economy and cultivate the next generation of economic leaders.”

The Economic Club of Utah will be statewide and replace what was previously known as the Wasatch Front Economic Forum. Membership is free. The David Eccles School of Business will serve as the backbone organization, and the Utah Governor’s Office of Management and Budget and Salt Lake Chamber will serve as partnering entities. The Club is led by a board of directors comprised of public and private sector economic expertise and a slate of officers who oversee the daily management of the organization

Similar to economic clubs in other regions, The Utah Economic Club will engage in the following activities:

  • Speakers Forum: Host six to nine events per year to inform membership of critical business and economic issues facing Utah
  • Network: Provide a peer network to share economic data, research and analysis
  • NABE: Serve as the local chapter of the National Association of Business Economics
  • Annual Review: Host an annual symposium to share economic forecasts and timely economic issues. This is the signature event of the Club each year.
  • Mentor – Cultivate future economic leaders

“Economic performance is foundational to the success of our community,” said Natalie Gochnour, an associate dean at the David Eccles School of Business and co-chair of the Utah Economic Council, which will lead the new club. “By improving our understanding of the Utah economy we can make better individual and collective decisions about how to keep it prosperous. This new club will promote a greater sense of economic purpose in our state.”

To learn more about the club or to join visit www.EconomicClubofUtah.com.

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