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 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.
2023 Economic Report to the Governor
The 2023 Economic Report to the Governor is the 35th publication in this series. Through the last three and a half decades, the Economic Report to the Governor has served as the preeminent source for data, research, and analysis about the Utah economy. It includes a national and state economic overview, a summary of state government economic development activities, an analysis of economic activity based on the standard indicators, and a detailed review of industries and issues of particular interest.
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.
Ivory-Boyer Construction Report, Second Quarter 2022
During the first six months of 2022, total permitted construction value reached $7.23 billion, a 1.8% decrease over the same time period from 2021 (see Table 1). However, when controlling for inflation, the construction value decreased 6.0% (see Figure 1). This is the first decrease in inflation-adjusted construction value activity since 2012.
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.