Consumer Sentiment Survey

Utah’s consumer sentiment rose by 1.9 points from January to February, increasing to 78.8, according to the Kem C. Gardner Institute’s Utah Consumer Sentiment Survey. While the overall outlook increased, certain groups reported mixed views.

Utah’s consumer sentiment rose by 1.5 points from December to January, increasing to 76.9, according to the Kem C. Gardner Institute’s Utah Consumer Sentiment Survey. This slight increase is coming from Utahns' responses in January of feeling better off financially compared to a year ago and improvements on long-term outlooks.

Utah’s consumer sentiment declined by 1.5 points from November to December, decreasing to a year low of 75.4, according to the Kem C. Gardner Institute’s Utah Consumer Sentiment Survey. Utah consumer confidence has steadily declined from year highs experienced in March, as Utahns are increasingly becoming concerned about inflation and new waves of COVID variants.

Utah’s consumer sentiment fell in November, according to the Kem C. Gardner Institute’s Utah Consumer Confidence Survey. The University of Michigan measured a similar decline among Americans as a whole

Utah’s consumer sentiment was largely unchanged between September and October, according to the Kem C. Gardner Institute’s Utah Consumer Confidence Survey. In their survey representing Americans as a whole, the University of Michigan likewise found little change over the prior month.

The Gardner Institute measured a modest gain in Utah’s consumer sentiment during September, following two months of sharp declines. The University of Michigan found an increase of similar magnitude among Americans as a whole.

The Gardner Institute survey of consumer sentiment measured a substantial decline in sentiment among Utahns between July and August of 2021. An even larger decline was reported by the University of Michigan based on their survey of Americans as a whole.

The Gardner Institute survey of consumer sentiment finds sentiment among Utahns fell between June and July of 2021. The University of Michigan reports comparable declines among Americans as a whole.

Our survey finds consumer sentiment among Utahns held steady from May to June. A similar survey by the University of Michigan, but concerning all Americans, measured a gain in sentiment over the same time period.

Our survey finds consumer sentiment among Utahns fell in May. A similar survey by the University of Michigan, but concerning all Americans, also measured a decrease in sentiment during May. Table 1 shows responses to questions that define “sentiment” for Utah (Gardner Institute survey) and the U.S. as a whole (from the University of Michigan).