Durham Jones & Pinegar partnered with D.A. Davidson and Zions Bank to host the Utah Economic Outlook Ski Event, held at the Snowbasin Resort in Huntsville, Utah on March 1, 2018.
Attendees were able to spend the morning and afternoon on the slopes enjoying ‘the greatest snow on earth’ while at the same time building relationships with their peers in the business community. During lunch we were privileged to hear from Natalie Gochnour, Associate Dean in the David Eccles School of Business at the University of Utah and Director of the Kem C. Gardner Policy Institute, give a presentation on Utah’s economy and the outlook for our future.
In typical fashion for Natalie, she focused on the positive while adding in a measure of caution. She stated “We live in an extraordinary time of prosperity and uncertainty. The Utah economy continues to thrive, but is slowing, even as the national economy strengthens. Modest growth will continue and there’s still room to run, but now is a good time to “stop, look and listen.” She forecasted continued growth in Utah County’s Silicon Slopes corridor while acknowledging the need for growth in more rural counties. Natalie ended her discussion by addressing the status of social cohesion in our country or the ‘lack thereof’ as she put it, quoting David Brooks. “One of the tasks for those who succeed the baby boomers is to restore idealism. The great challenge of our moment is the crisis of isolation and fragmentation, the need to rebind the fabric of society that has been torn by selfishness, cynicism, distrust and autonomy.” What possibly was the most startling were the figures that showed just how polarized our political sides have become. In 1982 in the House of Representatives 79% of Rebuplicans and Democrats voted on bills together towards a better end. In 2013, just over 20 years later that number shrunk to a dismal 1%. We have our work cut out for us.
The Utah Economic Outlook Ski Event is an opportunity for business leaders to build new relationships and strengthen old ones in a casual, fun setting. We are grateful to D.A. Davidson and Zions Bank for their partnership in having such a successful day.