Utah Economic Outlook 2026

GDP growth, unemployment, tariff impacts, and economic forecast for Utah heading into the 2026 elections.

3.6%
GDP Growth Rate
3.0%
Unemployment Rate
Surplus
State Budget Outlook
Growing
Job Growth Forecast

2026 Economic Overview

Utah has one of the strongest economies in the nation. The Great Salt Lake crisis is becoming an economic emergency for water supply and tourism. Housing affordability is the top voter concern.

Key Economic Indicators

IndicatorValue / Status
GDP Growth Rate3.6%
Unemployment Rate3.0%
Top Economic SectorTech, Tourism, Healthcare
State Budget OutlookSurplus
Job Growth ForecastGrowing
Tariff ImpactLow — tech and services economy less exposed
Key Economic RiskWater scarcity (Great Salt Lake crisis); housing affordability limiting growth

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