Resident Population in Utah
UTPOP • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,503.61
Year-over-Year Change
22.76%
Date Range
1/1/1900 - 1/1/2024
Summary
The Resident Population in Utah trend measures the total population residing in the state of Utah. This metric is crucial for policymakers and economists to understand population growth, resource allocation, and economic development within the state.
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 Resident Population in Utah trend represents the total number of people living within the geographic boundaries of the state of Utah. This data is widely used to track population changes, inform policy decisions, and analyze economic trends at the state level.
Methodology
The U.S. Census Bureau collects and calculates this data through comprehensive population surveys and estimates.
Historical Context
Resident population data is essential for state governments and policymakers to plan infrastructure, allocate resources, and make informed decisions about economic and social programs.
Key Facts
- Utah has experienced rapid population growth in recent decades.
- The state's population is largely concentrated along the Wasatch Front.
- Population growth in Utah has outpaced the national average.
FAQs
Q: What does this economic trend measure?
A: The Resident Population in Utah trend measures the total number of people residing within the geographic boundaries of the state of Utah.
Q: Why is this trend relevant for users or analysts?
A: This trend is crucial for understanding population dynamics, informing policy decisions, and analyzing economic development within the state of Utah.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and calculates this data through comprehensive population surveys and estimates.
Q: How is this trend used in economic policy?
A: Resident population data is essential for state governments and policymakers to plan infrastructure, allocate resources, and make informed decisions about economic and social programs.
Q: Are there update delays or limitations?
A: The Resident Population in Utah data is updated regularly by the U.S. Census Bureau, but there may be slight delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Resident Population in Utah (UTPOP), retrieved from FRED.