Utah has once again emerged as the top state in the nation for tech employment growth.
According to CompTIA, Utah had the fastest growing tech workforce in the country at 4.3 percent in 2018, nearly double the national average of 2.3 percent. Utah’s expanding tech sector has been a driving force in the enormous increase of venture capital investment into the state. When companies receive venture capital funding they often use it to construct buildings, buy equipment, and expand their operational footprint. These investments flow into the Utah economy and give the tech sector an outsized presence.
Check out our latest special edition snapshot as we discuss tech and venture capital trends in Utah.