Economic Indicators
The Gardner Institute provides economic indicators for the U.S. and Utah, publishes an economics dashboard, administers the monthly consumer sentiment survey, produces Utah Informed, and prepares the annual Economic Report to the Governor.
Utah Economic Council Forecast, September 2023
The Utah Economic Council, convened by the David Eccles School of Business and Governor’s Office of Planning and Budget, publishes regular economic forecasts related to the Utah and U.S. economies. This includes potential risks to both the state and national economies that the council assesses and weighs.
September 2023 Utah Consumer Sentiment
Utah’s consumer sentiment rose 4.8% in September (from 71.5 in August to 76.3), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found that sentiment slightly fell among Americans as a whole during the same time
Utah’s Consumer Sentiment Ticks up Slightly in July
August 11, 2023 (Salt Lake City) – Utah’s consumer sentiment edged up in July to its highest level since February 2022 (from 76.3 in June to 77.3 in July), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found a larger increase among Americans as a whole (from 64.4 in June to 71.6 in July). […]
August 2023 Utah Consumer Sentiment
Utah’s consumer sentiment fell 5.8% in August (from 77.3 in July to 71.5), according to the Kem C. Gardner Institute’s Survey of Utah Consumer Sentiment. This is Utah’s first statistically significant decline in sentiment since February. A similar survey by the University of Michigan found sentiment fell among Americans as a whole, though the drop was smaller than Utah’s and not statistically significant.
Utah Economic Council Forecast, June 2023
Range Forecast for Selected Economic and Business Indicators, 2023 and 2024
Utah’s Consumer Sentiment Rises in June
July 10, 2023 (Salt Lake City) – Utah’s consumer sentiment rose in June 2023 to its highest level in more than a year (76.3, up from 71.0 in May), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found an increase of similar magnitude among Americans as a whole (64.4 in June, up from 59.2 in May). […]
July 2023 Utah Consumer Sentiment
Utah’s consumer sentiment edged up in July to its highest level since February 2022 (from 76.3 in June to 77.3 in July), according to the Kem C. Gardner Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found a larger increase among Americans as a whole (from 64.4 in June to 71.6 in July). T
Utah’s Consumer Sentiment Steady in May
June 6, 2023 (Salt Lake City) – Utah’s consumer sentiment was essentially unchanged in May (71.0) compared to April (70.5), according to the Kem C. Gardner Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found sentiment fell from April (63.5) to May (59.2) among Americans as a whole. […]
June 2023 Utah Consumer Sentiment
Utah’s consumer sentiment rose in June to its highest level in more than a year (76.3), according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. A similar survey by the University of Michigan found an increase of similar magnitude among Americans as a whole (64.4).
Utah’s Consumer Sentiment Steady in April
May 3, 2023 (Salt Lake City) – Utah’s consumer sentiment held steady in April, 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 slightly from March (62.0) to April (63.5) among Americans as a whole. “The index was relatively unchanged for the second straight month, reflecting continued uncertainty among Utahns about the economy as they face mixed economic signals,” said Gardner Institute chief economist Phil Dean. “Negative economic signals include moderating economic growth in the U.S., higher interest rates, and the ongoing banking crisis that[...]