News Release
Utah Consumer Sentiment Unchanged in January
February 18, 2025 (Salt Lake City) – Utah’s consumer sentiment was unchanged at 91.3 in January, 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 decline in sentiment among Americans as a whole during the same time (from 74.0 to 71.1, or 3.9% decline).
“This marks the second consecutive month of the highest level of consumer sentiment among Utah residents in over three years,” said Phil Dean, chief economist at the Gardner Institute. “Utahns appear to be weathering the moderating economy well, even in the face of uncertainty.”