The Road to Recovery Dashboard tracks Utah’s path to a full and complete economic recovery from the COVID-19 recession. The Dashboard, which is updated monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators since the start of the pandemic.
First Dashboard released: September 2020.
“While Utah continues to improve, some face greater hardship than others. As Utahns we should continue to support one another as we recover to better.”
“As 2020 comes to a close, Utah continues to lead the way in economic recovery. I am confident that prosperous times lie ahead.”
Three Essential Insights from the January 2021 Dashboard
Taxable Retail Sales See Year-Over Growth.
Taxable Retail Sales See Year-Over Growth.
Despite the impacts of the pandemic, taxable retail sales have grown year-over. September 2020 saw $3.5 million in taxable retail sales compared to $2.8 million in September 2019.
Unemployment Claims Rise Slightly.
Unemployment Claims Rise Slightly.
Continued unemployment claims have steadily fallen since early May. Toward the end of November, claims rose slightly in the wake of a surge in coronavirus cases.
Utah’s job change ranks second in the nation.
Utah’s job change ranks second in the nation.
November year-over job change shows job losses in every state. Utah’s job change of -0.2% ranks second in the nation with unemployment change nearing neutral.