HomeNewsNewsWhat’s in store for Utah’s economy in 2023? It could go one of three ways

What’s in store for Utah’s economy in 2023? It could go one of three ways

A “Now hiring!” sign is pictured on the door to Michaels in Salt Lake City on Jan. 6. Unsettled and unprecedented conditions have turned economic forecasting into a game of three-card monte since the worst of COVID-19 restrictions have subsided. (Kristin Murphy, Deseret News)

Estimated read time: 5-6 minutes

SALT LAKE CITY — Unsettled and unprecedented conditions have turned economic forecasting into a game of three-card monte since the worst of COVID-19 restrictions have subsided and that challenge is clearly evident in the latest annual report from the Utah Economic Council presented to Gov. Spencer Cox on Thursday.

A collaboration of the University of Utah’s David Eccles School of Business and the Governor’s Office of Planning and Budget, the economic council’s 2023 report retreats from its…

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