KEY POINTS

Utah consumers continue to spend amid tariff concerns and economic uncertainty.

U.S. inflation ticked up to 2.7% in June after falling four consecutive months.

Job creation in the Beehive State outpaces the rest of the country.

Despite concerns about tariffs and an uncertain economy, Utahns continue to spend money.

Taxable sales in Utah grew nearly 5% year-to-date through May, according to the July 2025 Roadmap to Prosperity Economic Dashboard produced by the Salt Lake Chamber and the University of Utah’s Kem C. Gardner Policy Institute

Anticipation of tariff-related price increases may have also prompted some consumers to buy ahead of potential price increases.

“Strong job creation and resilient consumer spending are fueling Utah’s economic momentum,” said Derek Miller

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