Consumer Sentiment Survey
The Kem C. Gardner Policy Institute publishes Utah’s monthly consumer sentiment index. The index helps policymakers, businesses, and local communities understand consumers’ perspectives on present and future economic circumstances, allowing them to proactively strategize and adapt to changes. The survey questions are identical to essential questions from the University of Michigan’s national consumer sentiment survey, with additional questions specific to the state of Utah. Our monthly report on consumer sentiment includes a comparison of the Utah and U.S. indexes, along with response data for each survey question.
February 2023 Utah Consumer Sentiment
Utah’s consumer sentiment decreased from 75.6 in January to 70.4 in February, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found sentiment rose from January (64.9) to February (67.0) among Americans as a whole.
Utah’s Consumer Sentiment rises in December
January 6, 2023 (Salt Lake City) – Utah’s consumer sentiment increased from 64.1 in November to 68.7 in December, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan also found sentiment rose from November (56.8) to December (59.7) among Americans as a whole. The Gardner Institute has now measured Utah Consumer Sentiment for 27 consecutive months. The December 2022 Index for both Utah and the US increased over the prior month, suggesting a slightly better outlook. […]
January 2023 Utah Consumer Sentiment
Utah’s consumer sentiment increased from 68.7 in December 2022 to 75.6 in January 2023, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan also found sentiment rose from December (59.7) to January (64.9) among Americans as a whole.
December 2022 Utah Consumer Sentiment
Utah’s consumer sentiment increased from 64.1 in November to 68.7 in December, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan also found sentiment rose from November (56.8) to December (59.7) among Americans as a whole.
November 2022 Utah Consumer Sentiment
Utah’s consumer sentiment fell from 66.0 in October to 64.1 in November, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan also found sentiment decreased from October (59.9) to November (56.8) among Americans as a whole.
October 2022 Utah Consumer Sentiment
Utah’s consumer sentiment rose from 63.9 in September to 66.0 in October, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan found sentiment rose slightly from September (58.6) to October (59.9) among Americans as a whole.
September 2022 Utah Consumer Sentiment
Utah’s consumer sentiment fell from 66.0 in August to 63.9 in September, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan found sentiment essentially unchanged from August (58.2) to September (58.6) among Americans as a whole.
August 2022 Utah Consumer Sentiment
Utah’s consumer sentiment increased from 62.9 in July 2022 to 66.0 in August 2022, according to the Kem C. Gardner Institute’s Consumer Sentiment Survey, after three consecutive months of decline. A similar survey by the University of Michigan during the same period found an increase in sentiment among Americans as a whole, rising from 51.5 to 58.2.
July 2022 Utah Consumer Sentiment
Utah’s consumer sentiment fell from 64.4 to 62.9 in July 2022, according to the Kem C. Gardner Institute’s Consumer Sentiment Survey, the lowest point since October 2020 when the survey began. A similar survey by the University of Michigan during the same period found an uptick in sentiment among Americans as a whole increasing from 50.0 to 51.5.
June 2022 Utah Consumer Sentiment
Utah’s consumer sentiment fell in June, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan found a larger decline in sentiment during June among Americans as a whole.