Utah Consumer Confidence Dips Below National Average for First Time

• Consumer sentiment in Utah dropped 2.9% from January to March, marking the first time a state economic indicator performed worse than the national average

• The drop puts Utah consumer sentiment at 78.0, compared to 79 nationally, though both are within margins of error

• Utah residents still have more confidence in the state's economy than the national economy overall

• A January poll found 52% of Utahns somewhat or very pessimistic about the coming year's economy

• That poll also showed 87% of Utah residents are concerned about inflation