Utah Economy
The Kem C. Gardner Policy Institute provides analysis and data-driven, context-specific insights about the Utah economy. We prepare in-depth studies on key Utah issues in partnership with stakeholders in the private sector and in state and local government. Our research provides vital information that decision-makers and the public use to help Utah prosper.
An Economic Summary of Utah’s Cultural Industry, 2023
In 2021, Utah’s cultural industry, which comprises the design, education, entertainment, fashion, film, humanities, and traditional arts sectors, generated $10.1 billion in output (direct spending) and supported an estimated 65,300 Utah jobs.
February Newsmaker Breakfast: Great Salt Lake Policy Assessment Slides
Presented by the Great Salt Lake Strike Team, a Collaboration of Utah's Research Universities and State Agencies
Utah’s Consumer Sentiment rises in January
February 3, 2023 (Salt Lake City) – 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. “For the second month in a row Utah consumers are feeling better about the economy,” said Phil Dean, Chief Economist at the Gardner Institute. “Subdued inflation, lower fuel prices, and rising incomes are positively impacting Utahns sense of economic well-being.” The Utah Consumer Confidence Survey uses key[...]
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.
Economic Insights – Current Conditions & Outlook
Amid Headwinds, Utah’s Fundamentals Remain Strong
Utah Informed 2023: Visual Intellection for 2023
Utah Informed is a collection of tables, charts, ideas, and schematics to prompt consideration of a compelling trend, spur an innovative idea, or inspire an aspirational thought. Decision makers are advantaged when they understand the past 20 years as they plan for the next 20 years. It is in the spirit of seeing more clearly and preparing for the future that we produce Utah Informed. In it, we provide relevant and interesting information to help Utahns make informed decisions in the coming year in the coming year and beyond. The Gardner Institute, in partnership with the Salt Lake Chamber, publishes Utah[...]
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.