News Release

2020 Economic Report to the Governor shows uncertainty and moderation, but still healthy growth

January 17, 2020 (Salt Lake City, Utah) – The Kem C. Gardner Policy Institute today presented the 32nd Economic Report to the Governor to Utah Gov. Gary Herbert at the 2020 Economic Outlook & Public Policy Summit, hosted by the Salt Lake Chamber. The report has been the preeminent source for data and commentary on Utah’s economy for over 30 years. The consensus forecast predicts increased uncertainty and moderation, but still healthy growth for the state in the coming year.

“The Utah economy continues to prosper, with favorable demographics, a supportive business climate, and economic diversity all continuing to advantage our state,” said Juliette Tennert, director of economic and public policy research at the Gardner Institute. “Internal risks in 2020