Simplify the following text for a Grade 5 native English-speaking person.
Original: According to the University of Utah , the gross state product of Utah in 2005 was $ 92 billion , or 0.74 % of the total United States GDP of $ 12.4 trillion for the same year .
Simplified: The University of Utah says that the gross state product of Utah in 2005 was $ 92 billion , or 0.74 % of the total United States GDP of $ 12.4 trillion for the same year .