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’s year-over job growth outpaces the U.S.
While both the U.S. and Utah saw slower year-over job growth in March 2025, both rebounded in April. The U.S. rate rose modestly from 1.1% to 1.2%, whereas Utah’s growth accelerated more significantly -- from 1.8% in March to 2.1%. Utah’s April performance ranked third-highest among all states, highlighting its continued strength in the labor market.
Unemployment Rate
2
Utah’s residential housing value climbs despite supply concerns.
In March 2025, Utah’s residential housing construction value reached $690 million, its highest point since August 2023 of $732 million. This recent increase suggests ongoing demand even amid persistent housing supply challenges.
3
Job gains concentrated in health, leisure, and construction; slower growth in natural resources and government.
Education and health services led all sectors with a 5.9% year-over increase in April 2025, up from 5.2% in March 2025. Construction also posted gains, rising from 5.2% to 5.3% over the same period. In contrast, leisure and hospitality, while still below last year’s levels, improved from -2.0% in March to -0.2% in April. Natural resources slowed from 4.5% to 2.6% and government growth eased modestly from 3.6% to 3.4% between March and April.
Job Change Year-Over Percentage Change April 2025 April 2025
Source: U.S. Bureau of Labor Statistics
Source: U.S. Bureau of Labor Statistics
Utah Job Change by Industry Year-Over Percent Change
Job Change Year-Over Percent Change
April 2025 November 2010 – April 2025
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
April 2025
Note: Large year-over job change in April 2021 is inflated due to the high job losses in April 2020.
Source: U.S. Bureau of Labor Statistics
January 2000 - April 2025
Source: Kem C. Gardner Policy Institute Source:
Utah Bankruptcy Cases
January 2020 - April 2025