From Deseret News archives:
Utah businesses are bullish
But high fuel costs are among the concerns
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Executives also were asked to rate their level of concern about 11 factors, including gas prices and the cost of utilities, companies' ability to compete, health insurance for workers, finding qualified workers and outsourcing to foreign countries. Of those, fuel costs topped the list, followed by health insurance costs and finding qualified employees.
Fuel costs were of greater concern to rural business representatives, Hofmann said. Leaders of bigger companies were more likely to report concerns about finding and keeping good workers, according to the survey. And concerns about health insurance costs spanned the spectrum.
"Health-care costs are unmanageable, plaguing businesses of all sizes," Hofmann said.
Zions Bank also issues a monthly Small Business Index, an analysis of various economic factors that Brough said provide a kind of rear-view "snapshot" of the economic environment. That differs from its new quarterly forecast, which Brough said provides a "local perspective on where the economy is headed, and what kinds of things can we anticipate on the horizon."
E-mail: jnii@desnews.com
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