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Roadmap to Prosperity Economic Dashboard | March 2026

Page 1

Total Total

0.6% 0.6%

Construction Construction

-0.1% -0.1%

Manufacturing Manufacturing

0.1% 0.1%

Information Information

-5.0% -5.0%

Financial Activities Activities Financial

2.4% 2.4%

Other Services Services Other

-1.9% -1.9%

Government Government

-0.4% -0.4%

Education/Health Services Services Education/Health

March 2026

2.2% 2.2%

Leisure/Hospitality Services Services Leisure/Hospitality

-0.5% -0.5%

Natural Resources Resources Natural

-5.3% -5.3%

DASHBOARD Professional/Business Services Services Professional/Business

3.9% 3.9%

Trade/Transportation/Utilities Trade/Transportation/Utilities

12% 12% 10% 10% 8% 8% 6% 6% 4% 4% 2% 2% 0% 0% -2% -2% -4% -4% -6% -6% -8% -8% -10% -10% THREE ESSENTIAL INSIGHTS: -12% -12% -14% -14% 2000 2004 2008 2012 2000 2004 2008 2012

2016 2016

U.S. U.S. Employment growth

Utah Utah

-0.5% -0.5%

The Road to Prosperity Dashboard tracks Utah’s economic outlook. 0.6% 0.6% 12% The Dashboard, which is updated0.2% monthly, provides 10% essential insights, 0.2% 8% 6% tracks timely and leading measures, and shares salient indicators.

1

weakens.

While Utah job growth (0.6%) slightly exceeded U.S. job growth (0.2%) over the previous 12 months, these rates remain below historical averages.

2 2020 2020

2024 2024

U.S. headline inflation sees a sharp increase and exceeds 2025 levels.

The conflict with Iran and geopolitical tensions drive up energy prices, a core component of the Consumer Price Index.

Unemployment Rate January 2026

3.7% 3.7% 5.3% 5.3%

3.8% 3.8%

5.4% 5.4%

3.6% 3.6%

2.6% 2.6%

Utah

3.9% 3.9%

4.5% 4.5%

3.9% 3.9%

4.5% 4.5%

-1.0% -1.0% 3.3% 3.3%

2.2% 2.2%

4.6% 4.6%

5.0% 5.0%

4.3% 4.3% 4.9% 4.9% 3.4% 4.6% 4.6% 3.4% 3.7% 3.7% 3.9% 3.9% 4.3% 4.3% 4.4% 4.4%

3.5% 3.5%

3.8% 3.8%

4.9% 4.9% 3.6% 3.6% 3.5% 3.5% 2.7% 2.7% 4.3% 4.3%

4.8% 4.8% 4.5% 4.5%

2.2% 2.2%

-0.2% -0.2%

0.6% 0.6% 0.1% 0.1%

4.3% 4.3%

3.4% 3.4%

4.3% 4.3%

-0.5% -0.5%

-0.2% -0.2%

4.4% 4.4%

3.0% 3.0% 3.9% 3.9%

U.S.

U.S. labor force participation decreased to 61.9% in March—the lowest since the pandemic—and Utah’s labor force participation declined to 67.5%. This downward trend likely reflects an aging population and reduced immigration.

0.3% 0.3%

3.3% 3.3%

5.2% 5.2%

3

U.S. jobs increase and the unemployment rate decreases in March but labor force 2000 participation 2004 2008 drops. 2012 2016 2020

Job Change Year-Over Percentage Change January 2026

5.0% 5.0% 3.6% 3.6%

4% 2% 0% -2% -4% -6% -8% -10% -12% -14%

2.0% 2.0%

CT 4.5% 4.5% CT DE 5.4% 5.4% DE MA 4.7% 4.7% MA MD 4.3% 4.3% MD NH 3.2% 3.2% NH NJ 5.2% 5.2% NJ RI 4.5% 4.5% RI VT 2.7% 2.7% VT

0.6% 0.6%

0.8% 0.8% -0.6% -0.6%

-0.1% -0.1%

-0.6% -0.6%

0.2% 0.2% 0.0% 0.0% 5.0%

-0.3% -0.3%

0.5% 0.5% 0.0% 0.0%

-0.9% -0.9%

0.3% 0.3% 0.6% 0.6%

0.3% 0.3% 0.1% -0.4% -0.4% 0.1% 0.4% 0.4% CT 0.4% 0.4% 3.6% CT 2.6% -0.7% 0.7% 0.7% -0.7% 4.4% 0.8% 0.8% 0.3% 5.2% 0.3% DE 0.3% 0.3% DE 0.9% 3.3% 0.0% 2.2% 0.9% 0.0% 4.6% 0.0%3.7%0.7% 0.0% MA 5.0% -0.4% MA -0.4% 1.1% 0.7% 3.6% 1.1% 0.1% 0.1% 4.3% 0.3% 0.3% 3.4% MD -1.8% MD -1.8% 3.0% 5.3% 4.3% 0.5% 0.5% 3.8% 4.9% 0.9% 0.9% NH3.4% -0.9% 4.6% NH -0.9% 0.2% 3.9% 0.2% 3.9% 3.7% 5.4% 3.9% 4.3%

NJ NJ

0.4% 0.4%

4.5% 4.5%

0.0% 0.0%

3.9% -0.2% -0.2% 4.3%

U.S. 4.3% 4.3% U.S.

RI 4.4% RI VT 3.6% VT

0.2% 0.2% 3.8% 0.2% 0.2%

3.5%

4.9%

-0.5% -0.5% 3.5%

2.7%

4.3% U.S. U.S. 0.2% 0.2%

4.8% UnemploymentRate Rate 2.2% 2.2% Unemployment

5.4% 5.4%

4.5% 2.0% 2.0%

JobGrowth Growth -1.8% -1.8% Job

2.2%

Source: U.S. Bureau of Labor Statistics

Source: U.S. Bureau of Labor Statistics

U TA H C H A M B E R

ROADMAP TO PROSPERITY COALITION Unemployment Rate 2.2%

U.


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Roadmap to Prosperity Economic Dashboard | March 2026 by Salt Lake Chamber - Issuu