Herbert: Utah’s economy is diverse, growing

“There is a lot to be pleased about when it comes to Utah’s economic development.” Those words came Wednesday night from Utah Governor Gary Herbert who came to Logan for the annual Cache County Republican Party Convention. Prior to the convention, Herbert told KVNU’s For the People program that Utah is in a great economic position to compete in global markets. “One of the great things that has happened here in Utah is that we have diversified our economy,” Herbert said. “We are now about the sixth or seventh most diverse economy in America, which means we don’t have all of our eggs in one basket. “We have significant aerospace, high technology, health services, medical device companies, tourism, energy development, natural resources, the list goes on and on. Every sector, I might add, every sector in the private sector is growing today now except one.” That sector, he explained, is the government sector where Utah is actually becoming leaner and meaner. He says Washington should be following Utah’s lead and he believes it will happen if Republican presidential candidate Mitt Romney is elected in November.

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