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.

“Despite economic uncertainty during the opening months of the year, Utah’s economy remains resilient, with job growth outpacing the national average and rising housing construction value signaling strong demand. Our strength in the labor and housing markets reflect Utah’s desirability as a place to live, work and play, and is a shining example of our state’s economic resilience and power.”

Derek Miller, President & CEO, Salt Lake Chamber

“Utah consumer sentiment broke a three-month decline and increased slightly in May despite continued economic uncertainty. Other key indicators appear favorable, with state job growth outpacing the U.S. and residential housing values climbing amid supply and affordability constraints.”

Natalie Gochnour, University of Utah's Kem C. Gardner Policy Institute

Three Essential Insights from the May 2025 Dashboard

Utah’s year-over job growth outpaces the U.S.

While both the U.S. and Utah saw slower year-over job growth in March 2025, both rebounded in April. The U.S. rate rose modestly from 1.1% to 1.2%, whereas Utah’s growth accelerated more significantly – from 1.8% in March to 2.1%.

Utah’s residential housing value climbs despite supply concerns.

In March 2025, Utah’s residential housing construction value reached $690 million, its highest point since August 2023 of $732 million.

Job gains concentrated in health, leisure and construction; slower growth in natural resources and government.

Education and health services led all sectors with a 5.9% year-over increase in April 2025, up from 5.2% in March 2025. Construction also posted gains, rising from 5.2% to 5.3% over the same period. Natural resources slowed from 4.5% to 2.6% and government growth eased modestly from 3.6% to 3.4% between March and April.