{"id":3547,"date":"2015-04-17T16:52:42","date_gmt":"2015-04-17T22:52:42","guid":{"rendered":"http:\/\/www.parkrag.com\/?p=3547"},"modified":"2015-04-17T16:52:42","modified_gmt":"2015-04-17T22:52:42","slug":"why-im-a-bit-skeptical-of-population-growth-forecasts","status":"publish","type":"post","link":"https:\/\/v2.parkrag.com\/index.php\/2015\/04\/17\/why-im-a-bit-skeptical-of-population-growth-forecasts\/","title":{"rendered":"Why I&#8217;m a Bit Skeptical of Population Growth Forecasts"},"content":{"rendered":"<p>Every time I hear that the population in Summit County is going to be XXXXX (pick a &nbsp;number) by 2040 or 2050, I cringe a bit. It&#8217;s just so far off. Yet we base so many of our decisions and spend so much of citizens&#8217; tax dollars to get ready for this &#8220;coming growth.&#8221; These forecasts come from the Governor&#8217;s Office of Management and Budget (GOMB). The 2010 forecast, with 87% growth by 2040 is what everyone quotes these days.<\/p>\n<p>Yet, let me take you back to a quieter time. A time before the Great Recession struck. A&nbsp;time when home values were rising 10% per day. A time when we were all so innocent.&nbsp;Here is the <a href=\"https:\/\/www.usbr.gov\/uc\/provo\/rm\/snyderville\/pdfs\/snyderville-0206.pdf\">2005&nbsp;GOMB population forecast<\/a>:<\/p>\n<p><a href=\"http:\/\/www.parkrag.com\/wp-content\/uploads\/2015\/04\/parkcitypopulationforecast2005.jpg\" data-rel=\"penci-gallery-image-content\" ><img decoding=\"async\" class=\"alignleft size-full wp-image-3548\" src=\"http:\/\/www.parkrag.com\/wp-content\/uploads\/2015\/04\/parkcitypopulationforecast2005.jpg\" alt=\"parkcitypopulationforecast2005\" width=\"652\" height=\"178\" \/><\/a><\/p>\n<p>By 2010,&nbsp;Park&nbsp;City&#8217;s population was supposed to be almost 11,000. <a href=\"https:\/\/bebr.business.utah.edu\/sites\/default\/files\/2015_erg.pdf\">What did it turn out to be? 7,547<\/a>. That&#8217;s only a 45% miss. By 2013, what was the forecasted population? About 12,000. What was it? 7,950. &nbsp;That&#8217;s about a 50% miss.<\/p>\n<p>Now, we get that forecasting is hard but let&#8217;s not pretend it&#8217;s accurate. This also isn&#8217;t to say that there hasn&#8217;t been growth. Park City grew about 5% between 2010 and 2013 (the latest years with data). It&#8217;s just not near what was predicted and we can&#8217;t believe that if over 10 years it&#8217;s off that much, that over 30 years it will somehow be better.<\/p>\n<p>So, the next time you hear that Park City&#8217;s population is set to boom or that Wasatch County is poised to grow by 7 billion percent, remember that the people forecasting those numbers haven&#8217;t exactly been in the ballpark this millennium.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Every time I hear that the population in Summit County is going to be XXXXX (pick a &nbsp;number) by 2040 or 2050, I cringe&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"content-type":""},"categories":[77],"tags":[],"_links":{"self":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts\/3547"}],"collection":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/comments?post=3547"}],"version-history":[{"count":0,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/posts\/3547\/revisions"}],"wp:attachment":[{"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/media?parent=3547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/categories?post=3547"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/v2.parkrag.com\/index.php\/wp-json\/wp\/v2\/tags?post=3547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}