- The Annual Economic Report to the Governor found Utah among the nation’s top economies in 2025
- The state saw solid, but moderating growth across most metrics last year.
- While fiscal projections for 2026 are mostly positive, housing affordability is a critical, ongoing issue
Utah’s economy continued to outpace most of the rest of the country in 2025 in spite of persistent inflation, a weakening jobs sector and a growing separation between high-income households and the rest of the country.
In its annual Economic Report to the Governor, presented Friday at a Utah Chamber event in Salt Lake City, the University of Utah’s Kem C. Gardner Policy Institute identified plenty of data points illustrating the state’s mostly enviable fiscal performance over the year past.
The state’s 3.3% unemployment rate, 1.5% job growth and 3.2% wage growth last year reflected a “durable” economy,…
