Total Total
0.6% 0.6%
Construction Construction
0.6% 0.6%
Manufacturing Manufacturing
-0.7% -0.7%
Information Information
-1.2% -1.2%
Financial Activities Activities Financial
2.5% 2.5%
Other Services Services Other
0.4% 0.4%
Government Government
-0.3% -0.3%
Education/Health Services Services Education/Health
2.6% 2.6%
Leisure/Hospitality Services Services Leisure/Hospitality
May 2026
-2.3% -2.3%
-7.0% Natural Resources Resources -7.0% Natural
Professional/Business Services Services Professional/Business
DASHBOARD
3.4% 3.4%
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% -12% -12% THREE ESSENTIAL INSIGHTS: -14% -14% 2000 2004 2008 2012 2000 2004 2008 2012
-0.2% -0.2%
0.6% 0.6% The Road to Prosperity Dashboard tracks Utah’s economic outlook. 0.2% The Dashboard, which is updated0.2% monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators.
1
U.S. U.S.
2016 2016
Utah Utah
Rising oil and gasoline prices increase energy costs and push inflation to highest level in three years.
From April to May, headline inflation rose from 3.8% to 4.2% year-over. Core inflation, excluding food and energy, increased from 2.8% to 2.9% as price pressures broaden beyond energy.
2020 2020
2
2024 2024
Utah consumer sentiment fell 0.2% in May, while U.S. consumer sentiment dropped 10%, reaching an all-time low.
The Zions Bank Consumer Sentiment Index fell from 70.5 in April to 70.3 in May. Rising gas and energy prices likely continue to weigh on U.S. consumer sentiment.
Unemployment Rate April 2026 3.1% 3.1%
5.2% 5.2% 3.6% 3.6%
3.5% 3.5%
2.4% 2.4%
3.8% 3.8%
5.3% 5.3%
3.9% 3.9%
3.9% 3.9%
4.7% 4.7%
4.0% 4.0%
4.9% 4.9%
4.3% 4.3%
5.0% 5.0% 3.3% 3.3%
0.2% 0.2%
4.6% 4.6% 4.2% 4.2%
3.9% 3.9% 5.1% 3.2% 5.1% 3.2% 4.4% 4.4% 3.8% 3.8% 3.8% 3.8% 4.3% 4.3% 3.7% 3.7% 3.6% 3.6% 4.3% 4.3% 4.8% 4.8% 3.8% 3.8% 3.5% 3.5% 2.8% 2.8% 4.4% 4.4%
4.7% 4.7% 4.8% 4.8% 2.5% 2.5%
0.0% 0.0%
2.0% 2.0%
CT 5.0% 5.0% CT DE 5.3% 5.3% DE
RI 4.5% 4.5% RI VT 2.6% 2.6% VT
0.6% 0.6%
0.2% 0.2%
Source: U.S. Bureau of Labor Statistics
U TA H C H A M B E R
5.3% 5.3%
0.1% 0.1%
-0.2% -0.2%
-0.7% -0.7% -0.2% -0.2%
-0.9% -0.4% -0.9% -0.4% 0.0% 0.0%
0.4% 0.4%
MA 4.7% 4.7% MA MD 4.4% 4.4% MD NH 3.1% 3.1% NH NJ 4.8% 4.8% NJ
0.4% 0.4%
0.0% 0.0%
-0.2% -0.2% -0.4% -0.4%
0.4% 0.4%
0.3% 0.3% 0.4% 0.4%
0.2% 0.2% 0.0%-0.4% 0.0% -0.4% 0.0% 0.0% -1.1% -1.1% -0.1% -0.1% -0.3% -0.3% 0.9% 0.9% 0.0% 0.0% 0.3% 0.3% 0.9% 0.9% 0.1% 0.1% -0.1% 0.6% -0.1% 0.6% 0.6% 0.6%
-0.1% -0.1% 0.0% 0.0% 0.3% 0.3%
U.S. 4.3% 4.3% U.S. UnemploymentRate Rate 2.2% 2.2% Unemployment
0.0% 0.0%
-1.7% -1.7%
3.5% 3.5%
2.2% 2.2%
-0.1% -0.1% -0.8% -0.8%
4.5% 4.5%
3.0% 3.0%
5.3% 5.3%
While the Utah unemployment rate remains at 3.8% in April, job growth remains slow at 0.6% year-over, just above the national rate of 0.2%.
Job Change Year-Over Percentage Change April 2026
5.2% 5.2% 3.5% 3.5%
3
Utah’s labor market remains subdued.
JobGrowth Growth -1.7% -1.7% Job
CT 0.2% 0.2% CT DE -0.4% -0.4% DE MA 0.1% 0.1% MA MD -1.2% -1.2% MD NH -0.4% -0.4% NH NJ 0.1% 0.1% NJ RI -0.6% -0.6% RI VT -0.4% -0.4% VT U.S. 0.2% 0.2% U.S. 2.0% 2.0%
Source: U.S. Bureau of Labor Statistics
ROADMAP TO PROSPERITY COALITION