Utah Successes

Utah Successes

2017 Family Prosperity Index

The 2017 Family Prosperity Index (FPI) shows Utah maintaining it’s status as the #1 state in the U.S. for family well-being, earning top scores for its young population, low dependence on government, and strong family culture....
Tags: demographics, economics, family culture, family health, family prosperity index, family self-sufficiency, family structure, J. Scott Moody, middle class, prosperity, Wendy P. Warcholik,

Utah Receives High Marks for Evidence-based Policies

Utah’s state government is the second-best in the nation for using “evidence-based policy making,” or basically focusing its limited resources on programs that are proven to produce positive results. That is according to a study by the Pew Charitable Trusts and the MacArthur Foundation....
Tags: best practices, evidence-based policy making, MacArthur Foundation, Pew Charitable Trusts, state government,

The American Dream is Alive in Utah

There is still one part of the country where the poor can become successful: Salt Lake City. If you’re in the bottom 20 percent of incomes and living in Charlotte, North Carolina, you only have a 4 percent chance of making it into the top 20 percent. But in Salt Lake City, poor people have a 10.8 percent chance of being rich. That’s very close to Denmark, where...
Tags: Bloomberg, economic opportunity, Megan McArdle, poverty, Salt Lake City, self-reliance,

Utah is the Happiest State in the Nation

WalletHub’s analysts considered income, physical health, personal purpose, and social connectivity to determine which states are home to the happiest Americans. In order to do so, it compared the 50 states and the District of Columbia across 28 key metrics, ranging from emotional health to income levels to sports participation rates....
Tags: happiness, social well being, WalletHub,

The Family Prosperity Index, Family Prosperity Initiative

As the Dow Jones Industrial Average measures the rise and fall of the stock market, the Family Prosperity Index measures the strength and prosperity of families – and the nation – by combining the most important social and economic data into a single number. The FPI Index offers a more holistic and accurate picture of our economy by considering social...
Tags: family prosperity, family prosperity index,

The Gini Coefficient

The Gini coefficient is a measure of inequality of variance. It is often applied to measure inequality of incomes in a particular area. A score of “0” on the Gini coefficient represents complete equality, i.e., every person has the same income. A score of 1 would represent complete inequality, i.e., where one person has all the income and others...
Tags: income distribution, income inequality, personal income,

Volunteering and Civic Engagement in Utah

Utah leads the nation in volunteer service. This year’s report found that 62.6 million adults (25.4 percent) volunteered through an organization in 2013. Altogether, Americans volunteered nearly 7.7 billion hours last year. The estimated value of this volunteer service is nearly $173 billion, based on the Independent Sector’s estimate of the...
Tags: dollar value of volunteer service, volunteerism,

Charitable Giving in Utah

Utah leads the nation in charitable giving. About 71 percent of Utahns reported having donated money to charity, and on average, families donated 6.6 percent of their household income....
Tags: charitable giving, charity, family donations, philanthropy,

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