Utahns feel steady about finances — even as household debt climbs

Utahns appear to be in a similar financial situation to a year ago, according to Zions Bank’s consumer sentiment index for last month, published in partnership with the University of Utah.

Utah’s consumer sentiment dropped by 8.4% when comparing September to October — from 80.1 to 73.4.

The Beehive State’s consumer sentiment remains higher than the national average, however.

A similar survey conducted by the University of Michigan reported that sentiment fell 2.7% among Americans as a whole during October.

Zions Bank publishes Utah’s monthly consumer sentiment index in partnership with the University of Utah. The survey questions are identical to essential questions from the University of Michigan’s national consumer sentiment survey, with additional questions specific to the state