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 unemployment rate remains among the lowest in the nation at 3.3%.
Despite signs of slower hiring nationally, the Utah unemployment rate remains steady. Utah’s unemployment rate matched its level from one year earlier at 3.3%. The national unemployment rate increased only slightly, rising from 4.2% to 4.3%.
Unemployment Rate
2
Prices increases continue to grow moderately, with inflation up 0.6 percentage points since April.
Purchasing power remains under pressure, as inflation persists above the 2.0% target. Policy changes and broader economic uncertainty continue to influence price changes, with many forecasts predicting further increases in the months ahead.
3
The median home sales price in Utah reached $520k in August.
Utah’s monthly median home sales price rose 3.6% year-over in August, while closed sales increased modestly by 1.3% from a year earlier. Supply and demand imbalances, as well as higher borrowing costs, continue to drive housing market trends.
Job Change Year-Over Percentage Change August 2025 August 2025
Source: U.S. Bureau of Labor Statistics
Source: U.S. Bureau of Labor Statistics
Utah Job Change by Industry Year-Over Percent Change
August 2025
Job Change Year-Over Percent Change
November 2010 – August 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
August 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
Kem C. Gardner Policy Institute
January 2000 - August 2025
Utah Bankruptcy Cases
January 2020 - August 2025