Utah's consumers are feeling pretty good about their economic prospects. Statewide sentiment remained at its highest level in three years in January, according to the Kem C. Gardner Policy Institute’s Survey of Utah Consumer Sentiment. The index came in at 91.3, the same as December.
A similar survey conducted by the University of Michigan showed a decline in sentiment among Americans as a whole during the same time — from 74 to 71.1, or a 3.9 percent decline.
“This marks the second consecutive month of the highest level of consumer sentiment among Utah residents in over three years,” said Phil Dean, chief economist at the Gardner Institute. “Utahns appear to be weathering the moderating economy well, even in the face of uncertainty.”
The full results of the survey are available online at the Gardner Institute website, https://gardner.utah.edu.