Originally published in Utah Business.
Just as a coach reviews game film to assess his or her team, I like to read economic game film to understand Utah’s economy. While sports analogies are often overused and frequently incomprehensible to those who lack specific sports expertise, I find the ‘game film’ analogy to be quite useful in thinking about Utah’s economy.
What is economic game film? It’s not unlike the game film Kyle Whittingham and Bronco Mendenhall review after each Ute or Cougar football game. The footage shows every play call, every pass, every tackle, every block, every punt and every turnover. The term “reading game film” is used because coaches study and evaluate every play they see in order to make changes. Did the quarterback make the right throw based on the coverage? Did the offensive line make the assigned blocks? What caused the fumble? How did the field goal kicker perform in a game time situation? Did the game plan work and what needs to change?
When you apply the same process to the Utah economy, you gain a better understanding of what’s working, what’s not and what needs to change. Here’s my take.