Residence Adjustment in Utah
UTEADJ • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-165,794.00
Year-over-Year Change
17.86%
Date Range
1/1/1998 - 1/1/2025
Summary
The Residence Adjustment in Utah measures population changes due to domestic migration within the state. This metric is crucial for understanding regional economic trends and allocating government resources.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Residence Adjustment in Utah tracks the net migration of people between different counties or regions within the state. This data provides insights into population shifts that impact local labor markets, housing demand, and tax revenue.
Methodology
The U.S. Census Bureau collects and calculates this data based on administrative records and survey responses.
Historical Context
Policymakers and urban planners use this metric to guide infrastructure investments, public service delivery, and economic development initiatives.
Key Facts
- Utah experienced a net domestic in-migration of over 18,000 people in 2021.
- The Residence Adjustment metric can vary significantly by region within Utah.
- Migration patterns in Utah are influenced by factors like job opportunities, housing costs, and quality of life.
FAQs
Q: What does this economic trend measure?
A: The Residence Adjustment in Utah tracks the net migration of people between different counties or regions within the state.
Q: Why is this trend relevant for users or analysts?
A: This metric provides crucial insights into population shifts that impact local labor markets, housing demand, and tax revenue, which is valuable for policymakers and urban planners.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data based on administrative records and survey responses.
Q: How is this trend used in economic policy?
A: Policymakers and urban planners use this metric to guide infrastructure investments, public service delivery, and economic development initiatives.
Q: Are there update delays or limitations?
A: The Residence Adjustment data is typically published with a lag of several months and may not capture all migration activity within the state.
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Citation
U.S. Federal Reserve, Residence Adjustment in Utah (UTEADJ), retrieved from FRED.