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Roadmap to Prosperity Economic Dashboard | June 2026

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DASHBOARD

The Road to Prosperity Dashboard tracks Utah’s economic outlook. The Dashboard, which is updated monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators.

1

Utah showed 1.0% yearover job growth in May, compared to the national growth of 0.2%.

Employment expanded in seven of the state’s eleven major industries, and Utah ranked fourth among states for annual job growth in May.

Lower gasoline prices coincide with an improvement in consumer sentiment.

The Zions Bank Consumer Sentiment Index increased 1.6% in June from 70.3 in May to 71.5. Nationally, consumer sentiment improved 10.5%, reversing a 10.0% decrease in May.

3

Labor force participation remains high but has softened in recent months.

While Utah maintains the sixth highest labor force participation rate in the nation at 66.5%, the rate has decreased or remained flat since August 2024.

Unemployment Rate

Job Change Year-Over Percentage Change May 2026 May 2026

Source: U.S. Bureau of Labor Statistics

Source: U.S. Bureau of Labor Statistics

Utah Job Change by Industry Year-Over Percent Change

May 2026

Note: From March to December 2021, a 2-year change is used due to the drastic changes in employment beginning March 2020.

Source: U.S. Bureau of Labor Statistics

Utah Unemployment Rate May 2026

January 2000 – May 2026

October 2020 – June 2026

January 2000 – May 2026

Utah Bankruptcy Cases

January 2020 – May 2026

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