I found this interesting:
The Utah Valley Home Builders Association has recently completed a study confirming that home building generates substantial local economic activity in Utah County. The study will be released at their Economic Summit on April 10 at Noon at the UVSC McKay Events Center.
The report presents estimates on the impacts of building 3,974 single family and 819 multifamily housing units within Utah County. The estimated one year construction impacts will produce $627.6 million in local income; $111.2 million in taxes and other revenue for local governments; and 14,945 local jobs. The additional, annually recurring impacts will produce $129.4 million in local income; $24.0 million in taxes and other revenue for local governments; and 3,285 local jobs.
New home construction has a major impact on local governments. The report will also show that after 15 years, the homes will generate a cumulative $460.2 million in revenue compared to only $372.5 million in costs, including annual current expenses, capital investment and interest on debt. In essence, new home construction more than pays for itself.
Dr. Elliot Eisenberg, Senior Economist for the National Association of Home Builders will be in Utah presenting the findings detailed in the model.








