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.
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
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).
May 2023 Utah Consumer Sentiment
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
April 2023 Utah Consumer Sentiment
Utah’s consumer sentiment was essentially unchanged in April (70.5) compared to March (70.2), according to the Kem C. Gardner 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.
Hachman Index of Economic Diversity, 2021
The Hachman Index measures economic diversity. Using indicators such as gross domestic product (GDP) or employment, the index measures the mix of industries present in a particular region relative to a (well-diversified) reference region.
March 2023 Utah Consumer Sentiment
Utah’s consumer sentiment was essentially unchanged in March (70.2) compared to February (70.4), 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 February (67.0) to March (62.0) among Americans as a whole.
An Economic Overview for Utah and U.S.
Utah enters 2023 facing significant economic uncertainty as decision-makers continue to grapple with ever-changing pockets of economic strength and weakness. The post-pandemic economy has altered many traditional economic relationships. These economic transformations make accurate predictions challenging because it’s unclear if or when old patterns will return, or if new arrangements will chart a different economic course.
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 Economic Council Forecast for 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.
2023 Economic Report to the Governor (Highlights)
Utah enters 2023 facing significant economic uncertainty as decision-makers continue to grapple with ever-changing pockets of economic strength and weakness. The post-pandemic economy has altered many traditional economic relationships.
