News Release

2023 Economic Report to the Governor highlights economic uncertainty in year ahead

January 12, 2023 (Salt Lake City) – The Kem C. Gardner Policy Institute today presented the 35th Economic Report to the Governor to Utah Gov. Spencer Cox at the 2023 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 three decades, with the latest edition noting Utah’s economic resiliency in 2022 while also highlighting an uncertain economic environment heading into 2023.

While economic challenges such as high inflation, rising interest rates, low consumer sentiment, and slowing construction and real estate markets remain, many economic buffe