Utah Business Report: Continuing Economic Pressures Test Utah's Fortitude

Salt Lake Chamber

The Salt Lake Chamber, in partnership with the Kem C. Gardner Policy Institute at the University of Utah, has released the January 2025 Roadmap to Prosperity Economic Dashboard. This tool highlights key economic data and provides decision-makers with actionable insights. Key takeaways from the January report include: First - United States CPI inflation increased for the fourth consecutive month, with year-over increases reaching 3 percent. Secondly - Utah’s median home sales price equaled 500,000 dollars in December, up from 474,000 dollars the year before. And, Third - Annual bankruptcy filings in Utah saw a 13 percent increase in 2024. To learn more, visit the Salt Lake Chamber website. The Salt Lake Chamber. We Stand as the Voice of Business. Originally aired: 3/3/25