SALT LAKE CITY, UTAH (December 17, 2025) – The Salt Lake Chamber, in partnership with the University of Utah’s Kem C. Gardner Policy Institute, has released the November 2025 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.
“Utah continues to perform relatively well compared to national trends, with consumer sentiment in Utah holding steadier than in much of the U.S.,” said Derek Miller, president and CEO of the Salt Lake Chamber and Utah Chamber. “While unemployment in Utah has edged up modestly, the state remains well below the national average. With federal data reporting now back online, business leaders will be better positioned to monitor evolving conditions and make more sound data-driven decisions as the economic outlook continues to take shape.”
Three essential insights from the November 2025 Roadmap to Prosperity Dashboard include:
- With the federal government shutdown ending in November, data visibility resumes. Data releases from federal statistical agencies resumed, though some delays continue for certain indicators, including those related to labor markets and employment.
- Utah’s Zions Bank Consumer Sentiment increases while U.S. consumer sentiment dips in November. While Utah consumer sentiment rose 3.4% to a value of 75.8, the gap between Utah and the U.S. continues to widen as the U.S. index fell by 4.9%, to its lowest level since June 2022.
- Unemployment ticks up in Utah and across the U.S. Utah’s unemployment rate ticked up from 3.3% in August to 3.4% in September. This rate remains below the U.S. average unemployment rate, which increased from 4.3% in August to 4.4% in September. These increases signal a softening labor market.
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.
“It makes me uncomfortable when health care and government employment outpace other sectors,” said Natalie Gochnour, director of the Kem C. Gardner Policy Institute. “In the coming months, I will be keeping a close eye on Utah’s tech and construction sectors as critical indicators of our economic health.”
To view the dashboard, click here.
About the Salt Lake Chamber
The Salt Lake Chamber is Utah’s largest and longest-serving business association. It represents the broad interests of the Salt Lake metropolitan area, its employers, chamber members and employees. With roots that date back to 1887, the Chamber stands as the voice of business, supports its members’ success and champions community prosperity.
About the Kem C. Gardner Policy Institute
The Kem C. Gardner Policy Institute serves Utah by preparing economic, demographic, and public policy research that helps the state prosper. We are Utah’s demographic experts, leaders in the Utah economy, and specialists in public policy and survey research. We are an honest broker of INFORMED RESEARCH, which guides INFORMED DISCUSSIONS and leads to INFORMED DECISIONS™. For more information, please visit gardner.utah.edu or call 801-587-3717.801-587-3717.
