Executive perspectives.

• Position: Special Report - Statistical data

Local Exces Provide Insights oil the Economy

Utah's economic picture has been brighter than many of our neighboring states--but we have certainly had our. share of ups and downs. In this special report, we hear from 50 top-level executives about the state of their individual companies and industries. We hope that this data, which was gathered through an anonymous survey. distributed to chief executives covering a variety of industries across the state, will shed light on Utah's overall economy. Though their responses vary, their collective insights illustrate that Utah's companies are making a slow but steady comeback.

"We grew by over 20 percent." (Healthcare Exec)

Yes No Did your company conduct layoffs during 8.2% 91.8% 2011? Did your company hire during 87.8% 12.2% Will your company hire during 2012? 87.8% 12.2% Note: Table made from bar graph. No Yes Was your company profitable in 2011? 14.3% 10.2% Do you anticipate your company will be 85.7% 89.85 profitable in 2012? [ILLUSTRATION OMITTED]

Decrease No Increase Change Did your company increase or 0.0% 29.8% 70.2% decrease its products or services during 2011? Will your company increase or 0.0 26.5% 73.5% decrease its products or services during 2012? [ILLUSTRATION OMITTED]

Executive Response 100% 75% 50% 25% 0% Has your company recovered from 41.7% 25.0% 25.0% 8.3% 0.0% the recession? Has your industry recovered from 12.5% 39.6% 25.0% 20.8% 2.1% the recession? Note: Table made from bar graph. Did your company increase or decrease employee benefits during 2011? Decrease 12.5% No Change 50.0% Increase 37.5% [ILLUSTRATION OMITTED]

Do you believe consumer confidence is increasing? Yes 79.2% No 20.8% Note: Table made from bar graph. Do you believe escalating gas prices will slow the economy? Yes 69.6% No 30.4% [ILLUSTRATION OMITTED]

Do you believe residential real estate is on the mend? Yes 75.0% No 25.0% [ILLUSTRATION OMITTED]

Do you believe Utah's economy is headed in the right direction? Yes 93.9% No 6.1% [ILLUSTRATION OMITTED]

Do you believe the national economy is headed in the right direction? Yes 37.5% No 62.5% [ILLUSTRATION OMITTED]

Corporate Trends

"As of Q1 2012: we experienced eight consecutive quarters of profitability."

(Banking Exec)

"Had our lowest level of profitability in a decade." (insurance Exec)

"Yes, out down considerably" (Retail Exec)

"We decided o invest heavily in growth...