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 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.
May 2022 Utah Consumer Sentiment
Utah’s consumer sentiment fell in May, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan found a larger decline in sentiment during May among Americans as a whole.
April 2022 Utah Consumer Sentiment
Utah’s consumer sentiment rose in April, according to the Kem C. Gardner Institute’s Survey of Utah Consumers. A similar survey by the University of Michigan found an increase in sentiment among Americans as a whole.
Ivory-Boyer Construction Report Fourth Quarter 2021
The continued record breaking pace of permitted construction activity reached new milestones in 2021. The rebound in commercial activity in 2021 put the year total on the second highest in terms of construction value. The residential market also reached into new territory.
March 2022 Utah Consumer Sentiment
Utah’s consumer sentiment declined 10.8 points in March, decreasing to 68.0, according to the Kem C. Gardner Institute’s Survey of Utah consumers. This is the largest monthly drop since the index began in October 2020. Outlooks fell among all groups, suggesting that every Utahn feels the cost of living pinch due to rising fuel prices and inflation as well as concerns around geopolitical instability.
February 2022 Utah Consumer Sentiment
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.
Ivory-Boyer Construction Report, 3rd Quarter 2021
Construction activity continued its record-breaking momentum into the third quarter of 2021. While concerns over inflation and monetary policy bring a level of uncertainty into the real estate world, Utah’s construction activity continued at a record pace.
2022 Economic Report to the Governor (Highlights)
Utah bounced back in 2021 from the pandemic recession shock. The state added a record-breaking 72,500 jobs over the year, recovering the 20,900 jobs lost in 2020 and gaining an additional 51,600 new jobs.
2022 Economic Report to the Governor
The 2022 Economic Report to the Governor is the 34th publication in this series. Through the last three 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 demographic overview of the state, 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.