May 7, 2025 (Salt Lake City) – Utah’s consumer sentiment fell slightly in April (down 1.4%), from 81.1 in March to 80.0, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey conducted by the University of Michigan measured a significantly steeper decline (8.4%) in sentiment among Americans as a whole. While four of the five questions comprising the state index showed little movement this month, the question gauging expectations for business conditions in the near future declined 8.6%. U.S. consumer sentiment, as measured by the University of Michigan, has declined 29.5% since December, while Utah’s consumer sentiment has declined 12.3% since then.

“April’s Utah Consumer Sentiment index marked the third consecutive month of declines,” said Natalie Gochnour, director of the Gardner Institute. “Utah’s declining but higher sentiment likely stems from the state’s nation-leading economic strength, with data showing Utah’s Gross Domestic Product (GDP) growth #1 among states in 2024.”

The full results are now available online.