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Utah’s economy came roaring back and then some from pandemic devastation. Meanwhile states like New York, Hawaii, Massachusetts, and Nevada continue to lag far behind their February 2020 economies.
That’s according to an index from the Federal Reserve Bank of Philadelphia, which tracks improvements and declines across four major economic measures in each state. As of April, at least 12 states have registered gains since February 2020. That indicates that their economies have not only fully recovered, but are showing gains and even growth.
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