Since Utah was ranked No. 1 for having the best economy in the U.S. and as the best state overall in how it benefits its citizens for the year 2023 according to U.S. News and World Report, the state’s Gov. Spencer Cox said he has had many conversations as to why that’s the case. “I’ve been talking with some other governors and some other entrepreneurs across the country over the past couple years,” Cox said in a room of nearly a thousand business leaders and entrepreneurs at the 2024 MountainWest Capital Network Entrepreneur of the Year event. This conversation in particular, Cox said, was about relatively new data from the Economic Innovation Group showing Utah to have a state dynamism index of 56, ranking the Beehive State first in the nation.