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"Utah’s technology economy is the hottest economy in the country."

Six years ago, being a Utah-based technology company was an uphill battle, with hundreds of companies moving out of the state and hundreds more executives following, according to Richard Nelson, president and CEO of the Utah Technology Council.

Today, Utah ranks No. 12th in the nation in transforming itself from an "old industrial economic model" to an economy centered in the creation and retention of high value-added, high-wage jobs, according to a 2007 Kauffman Foundation report.

"It’s a 180-degree difference from three years ago when we were still flat on our backs," Nelson said. "Utah’s technology economy is the hottest economy in the country."

By Dave Anderton
Deseret Morning News

Full Story: http://deseretnews.com/dn/view/0,1249,660207621,00.html

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