Roadmap to Prosperity Dashboard

The Salt Lake 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. 

First Dashboard released: September 2020.

Utah has a powerful and reliable workforce, which serves as a massive benefit to our communities and employers; that impact is showing in stable unemployment indicators. It’s a challenge to balance hiring amidst price and inflation increases, but Utah’s unemployment rate remains among the lowest in the nation. This is foundational in supporting an optimistic outlook for the state’s economy heading into the fourth quarter.
Derek Miller, President & CEO, Salt Lake Chamber

“Utah’s economy remains among the strongest in the nation, supported by steady job growth and one of the lowest unemployment rates. While inflation and housing affordability continue to present challenges, key indicators remain in check and reinforce the state’s economic resilience.”
Natalie Gochnour, University of Utah's Kem C. Gardner Policy Institute

Three Essential Insights from the September 2025 Dashboard

Utah’s unemployment rate remains among the lowest in the nation at 3.3%.

Despite signs of slower hiring nationally, the Utah unemployment rate remains steady. Utah’s unemployment rate matched its level from one year earlier at 3.3%. The national unemployment rate increased only slightly, rising from 4.2% to 4.3%.

Prices increases continue to grow moderately, with inflation up 0.6 percentage points since April.

Purchasing power remains under pressure, as inflation persists above the 2.0% target. Policy changes and broader economic uncertainty continue to influence price changes, with many forecasts predicting further increases in the months ahead.

The median home sales price in Utah reached $520k in August.

Utah’s monthly median home sales price rose 3.6% year-over in August, while closed sales increased modestly by 1.3% from a year earlier. Supply and demand imbalances, as well as higher borrowing costs, continue to drive housing market trends.