Roadmap to Prosperity Economic Dashboard
The Utah Chamber, in partnership with the University of Utah’s Kem C. Gardner Policy Institute, releases the Roadmap to Prosperity Economic Dashboard to inform business leaders’ understanding of Utah’s economy. This tool prioritizes key data on the state’s economic outlook and actionable context for decision-makers.
The Dashboard is updated monthly, providing essential insights, tracking timely and leading measures and sharing pertinent indicators. This provides leaders with critical and timely information to make informed decisions.
"Despite the pressure of rising prices, consumers and businesses alike are displaying the characteristic adaptability and optimism of Utah’s economy. Even though some growth markers are below historical averages, Utah is in a markedly better position for the future than much of the country. Rising consumer sentiment also suggests that Utahns have growing confidence in the state’s economy.”
Derek Miller
President & CEO, Utah Chamber
“Utah’s economy continues to demonstrate underlying resilience, supported by a comparatively strong labor market, improving consumer sentiment, and steady consumer spending. At the same time, employment growth remains below historical norms as households and businesses navigate elevated costs and broader uncertainty. Taken together, these indicators point to a continuation of a subdued economy, even as Utah remains favorably positioned relative to much of the nation.”
Natalie Gochnour
Director, Kem C. Gardner Policy Institute, and Associate Dean at the David Eccles School of Business at the University of Utah
Three Essential Insights from the August 2026 Dashboard
Utah employment grew 1.4% year-over in July, while national employment changed little with 0.3% annual growth.
While Utah’s employment growth comes in lower than its historical average, which equals between two and three percent, it exceeds the national average by a strong margin. Utah ranked 4th highest among states in July.
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Utah consumer sentiment increased for the third consecutive month but remained below early-year levels.
Utah and national consumer sentiment diverged, with Utah increasing 2.7% and the nation falling 6.3% from July to August. Utah’s comparatively strong labor market may explain this divergence in sentiment.
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Utah taxable retail sales grew 4.9% during the first half of 2026.
With inflation averaging roughly 3.3%, inflation-adjusted taxable sales increased about 1.6% year-to-date. Consumer spending remained resilient despite rising prices.
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