The Salt Lake Chamber and the University of Utah’s Kem C. Gardner Policy Institute have released the April 2025 Roadmap to Prosperity Economic Dashboard, highlighting Utah’s ongoing economic stability despite national uncertainty.

“While national consumer sentiment is declining due to tariff concerns, Utah remains relatively stable,” said Derek Miller, Chamber President and CEO. “Unemployment is down, and home prices are steady—showing our state’s resilience.”

Top Insights from the April Dashboard:

1. Consumer Sentiment Drops Nationally, Slightly in Utah
   U.S. sentiment hit its lowest since 2022 amid tariff concerns. Utah’s sentiment saw only a slight dip from 81.1 to 80.0.
2. Home Prices Hold Steady
   Median home prices in Utah remain flat despite slowing sales and ongoing economic uncertainty.
3. Utah’s Unemployment Rate Improves
   While the U.S. rate edged up to 4.2%, Utah’s dipped from 3.2% to 3.1%, signaling a strong labor market.

“The state’s economy remains resilient, but ongoing uncertainty around trade and consumer confidence should be closely monitored,” said Natalie Gochnour, director of the Kem C. Gardner Policy Institute.