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Metro Business Report October 15, 2009

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This is Lane Beattie, president of the Salt Lake Chamber, with your Metro Business Report…

Forbes magazine recently ranked Utah as the third-best state in the nation for business based upon a number of factors including our young, well-educated workforce.

That workforce has drawn a number of companies to Utah. One thing has become clear: education is a key component of economic development and it is in the interest of the business community to help strengthen education in our state.

Utah also has the lowest energy costs in the nation—a benefit for local business and a drawing card for other companies looking to relocate. Maintaining our low-cost energy supply is important to continued economic development in Utah.

Earlier in the year, Salt Lake City was named as one of Forbes magazine's "Best Places to Live." Those of us who live here already know that—and it's not such a well-kept secret anymore.

This is Lane Beattie for KSL News Radio.

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