The Road to Prosperity Dashboard tracks Utah’s economic outlook. The Dashboard, which is updated monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators.

First Dashboard released: September 2020.

“Utah’s economy remained remarkably resilient in 2023, buoyed by increased consumer sentiment, moderating inflation and historically strong job growth. Looking ahead to 2024, some key questions remain, including whether inflation will continue downward, interest rate declines will follow suit and labor markets will remain tight.”
Natalie Gochnour, Kem C. Gardner Policy Institute at the University of Utah
“As we conclude a robust 2023, Utah’s economic landscape reflects strength and resilience. The surge in consumer confidence and steady employment growth signal a strong economy. We are positioned well for continued success in 2024. Our economic outlook is bright.”
Derek Miller, Salt Lake Chamber

Three Essential Insights from the December 2023 Dashboard

Utah consumer sentiment leaps to highest level in over two years.

Utah consumer sentiment leaps to highest level in over two years.

Consumers expressed more optimism in December both in Utah and nationally. Utah’s consumer sentiment jumped 8.4% while national sentiment increased 13.7% from November to December.

Utah and U.S. employment growth continues to moderate.

Utah and U.S. employment growth continues to moderate.

Year-over job growth reached unprecedented highs during the post-pandemic economic recovery and continued to moderate throughout 2023. Job growth nationally and in Utah remains strong by historical standards.

Airport passengers increases 5% from year prior.

Airport passengers increases 5% from year prior.

Salt Lake City International Airport served 2.1 million passengers in November, a drop from July’s 2.5 million passenger peak. Despite a decrease from summer numbers, November’s passenger count represents a 5% year-over growth rate.