For the 18th year in a row, the Rich States, Poor States: ALEC-Laffer State Economic Competitiveness Index has ranked Utah as the state with the best economic outlook, reaffirming a legacy of strong governance, strategic policymaking and a relentless drive for prosperity.
Utah is defined by resilience and ambition — a place where boundless opportunities have fueled the dreams of individuals and businesses alike. With a commonsense approach that prioritizes innovation over bureaucracy, Utah empowers success rather than standing in its way. The state’s economy continues to lead the nation, driven by a legacy of foresight and a deep commitment to putting Utahns first — building a better future for all.
“Utah proves what’s possible when people are empowered to build,” said Gov. Spencer J. Cox. “This ranking reflects what happens when we trust Utahns to lead, solve problems and shape their own future. By keeping government limited and focused on the essentials, we’ve created the freedom and opportunity for prosperity to take root and grow.”
Utah’s economic momentum has been unmatched. For nearly two decades, Utah has led the nation—not by chance, but by choice. Fueled by resilience, ambition and a commitment to innovation, where businesses thrive and families build brighter futures.
“Utah’s consistent top ranking is a testament to the principles that have guided our state for nearly two decades—low taxes, responsible spending and policies that foster innovation and opportunity,” said Senate President J. Stuart Adams. “But this isn’t just about rankings; it’s real people and real opportunities. A thriving economy means more jobs, better wages and a higher quality of life for all Utahns.”
Since first earning this distinction 18 years ago, Utah’s economic strength has propelled the state to the top of numerous national rankings, including No. 1 in overall state, No. 1 in GDP growth rate (4.5%), No. 1 in social mobility and second best education outcomes in the nation. These accolades highlight the tangible benefits of a strong and stable economy. Utah’s economic engine is driving real success and prosperity for families, businesses and all Utahns.
“For 18 consecutive years, Utah has led the nation in economic outlook—and that’s no accident,” said Speaker Mike Schultz. “It’s the result of steady leadership, smart policy, and a long-term vision for prosperity. A generation of Utahns has grown up in a state defined by opportunity. Our continued success proves that when you focus on the fundamentals—low taxes, responsible spending and family-friendly and business-friendly policies—you don’t just create a strong economy, you build strong communities. And we’re not done yet. Utah’s best days are still ahead.”
Utah’s strategic decision-making has created an environment where businesses thrive, jobs are abundant and families can build a prosperous future. This year’s ranking underscores the impact of these policies, particularly as Utah continues to lead in economic resilience and growth despite national challenges.
“Over 18 years, we’ve seen states fall behind by standing still,” said Jonathan Williams, ALEC President and co-author of Rich States, Poor States. “The states that rest on their laurels and don’t continue to make their policy environment more competitive have not held on to their positions. This has not been the case in Utah, where leaders have continued to find improvements, and the state has remained at the top of our economic outlook rankings.”
Utah’s economic momentum continues to accelerate, driven by strategic investments in energy, water, infrastructure, education and workforce development—solidifying the state’s reputation as a model of stability and sustained growth for years to come.
Since 2007, Rich States, Poor States has provided state lawmakers with clear, data-driven insights into how tax and fiscal policies impact economic competitiveness. The annual report highlights the direct connection between free-market reforms—like cutting taxes, reducing debt and limiting government overreach—and stronger economic growth. The report, co-authored by Reagan economist Dr. Art Laffer, economic policy expert Stephen Moore and the American Legislative Exchange Council President and Chief Economist Jonathan Williams, has named Utah the top state for economic outlook in every edition.