Roadmap to Recovery Economic Dashboard - March 2021

Page 1

DASHBOARD

March 2021

The Roadmap to Recovery Dashboard tracks Utah’s path to a full and complete economic recovery from the COVID-19 recession. The Dashboard, which is updated monthly, provides essential insights, tracks timely and leading measures, and shares salient indicators since the start of the pandemic. THREE ESSENTIAL INSIGHTS:

1

Utah’s 3.3% unemployment rate is lowest in the nation.

2

Overall taxable retail sales soar.

Utah’s unemployment rate of 3.3% is the lowest unemployment rate in the nation, tied with South Dakota. This marks the fifth consecutive month of decline.

Taxable retail sales never decreased significantly from the pandemic. In fact, taxable retail sales for March-December 2020 were all higher than the 2019 average. However, while some industries are increasing, others still suffer declines.

Utah Continued Weekly Unemployment Claims March 2020 – February 2021 140,000

Continued Claims

120,000

3

Vaccine doses continue to climb. By the end of February, more than 700,000 COVID-19 vaccine doses were administered to Utah residents. In recent weeks, Utah has administered more than 80,000 doses per week.

Utah Job Change by Industry January 2020 – January 2021 2019 Average

Total Construction

1.5%

Information

80,000

-3.8%

Financial Activities

60,000

Leisure & Hospitality

40,000

4.4% -8.1%

Other Services

20,000

Government

0

Education/Health Services Apr

May

Jun

Jul

Aug

Sep

Oct

8.6%

5.3%

4.5%

4.1%

5.0%

4.1%

Nov Dec Jan Feb 4.3%

3.5% 3.3% NA

Mar

3.8% 10.4%

Unemployment Rate

Source: Utah Department of Workforce Services

2% 0.5% 0% 0.1% S A -2% LT L A K E C H A M B E R -4%

-2.2% -4.5% -3.5%

Natural Resources -11.0% Professional/Business Services Trade/Transportation/Utilities

4%

-8%

2.8%

Manufacturing

100,000

-6%

-0.5%

4.5% 2.8%

Source: U.S. Bureau of Labor Statistics

-0.5%

-6.1%

ROADMAP TO RECOVERY COALITION


Unemployment Rate January 2021

Job Change Year-Over Percent Change, December 2020 -6.0% -6.0%

6.3% 4.2% 4.2% 3.8% 3.8%

8.2% 8.2% 9.3% 9.3%

4.7% 4.7%

4.0% 4.0%

3.3% 3.3%

5.2% 5.2% 6.9% 6.9%

4.7% 4.7% 4.5% 4.5%

8.6% 8.6%

6.9% 6.9% 6.5% 6.5%

-2.9% -2.9%

-7.8% -7.8%

7.1% 5.6% 5.6% 7.1% 8.0% 8.0% 4.6% 4.6% 6.7% 6.7% 5.6% 4.4% 5.6% 5.6% 4.4% 5.6% 6.1% 5.6% 6.1% 5.6% 4.9% 5.6% 4.9% 5.6% 6.6% 6.6% 4.7% 5.3% 4.7% 5.3%

-6.8% -6.8%

VT VT NH NH MA MA CT CT RI RI NJ NJ MD MD DC DC DE DE

5.1% 5.1%

3.5% 3.5% 3.8% 3.8% 8.4% 8.4% 8.2% 8.2% 7.9% 7.9% 7.7% 7.7% 6.8% 6.8% 8.8% 8.8% 5.9% 5.9%

-5.4% -5.4%

-8.0% -8.0% -2.8% -2.8%

-7.0% -7.0%

-4.7% -4.7% -3.3% -3.3%

3.3% 3.3%

Job JobGrowth Growth

10.3% 10.3%

-13.8% -13.8%

0.6% 0.6%

Source: U.S. Bureau of Labor Statistics

E

140,000

3.6% Box Elder

-4% 20,000 -6% -8%0 -10% -12%

8.3% 5.5% Wasatch Duchesne

9.6% Uintah

4.7% Emery

7.2% Grand

4.5% Sevier

Apr

3.8% 10.4%

May

Jun

Jul

Aug

Sep

Oct

8.6%

5.3%

4.5%

4.1%

5.0%

4.1%

8.4% Garfield

10.0% San Juan

2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 US

Utah

Value of Construction in Utah March 2020 - January 2021

$500

$0

Mar Apr May Jun 2020

Jul

Residential

Unemployment Rate 10.0%

6.3% Source: Ivory-Boyer Construction Database 4.2% 4.7% 4.7% 6.3% 3.8%

5.2%

Source: Utah Department of Workforce Services 8.2% 3.3%

S A LT L A K E C H A M B E R

4.3%

Unemployment Rate

-14%

4.7% Kane

2.7%

-6.1% Nov Dec Jan Feb

$1,000

5.9% Wayne

6.5% Piute

Mar

-0.5%

Source: U.S. Bureau of Labor Statistics

5.5% Carbon 4.0% Sanpete

Trad

2% 60,000 0.5% 0% 0.1% 40,000 -2%

6.5% Summit

2.7% Juab

5.0% Washington

Profe

80,000 4%

$ Millions

4.8% Salt Lake 3.7% Utah

4.5% Iron

2019 Average

Year-Over Percent Change, January 2021 100,000 2.9% Cache 2.9% Rich 4.6% Weber 3.9% Davis 3.3% Morgan 5.1% Dagget

3.2% Millard

Continued Claims

120,000 Job Change

Utah Unemployment Rate December 2020

4.0% Beaver

-7.8% -7.8% -6.3% -6.3% USA USA -6.2% -6.2% -6.9% -6.9%-2.8% -2.8% -6.1% -6.1% -9.0% VT -3.1% -9.0% VT -4.4% -3.1% -4.4% -5.2% -5.2% NH -8.0% NH -8.0% -4.2% -4.2% MA -3.2% -9.1% MA -9.1% -3.2% -2.8% -2.4% -2.8% CT -2.4% -6.1% CT -6.1% -1.7% -1.7% -8.7% RI RI -8.7% -1.7% -1.7% -1.4% -1.4% NJ -7.6% NJ -7.6% -4.2% -4.2% MD -4.5% MD -4.5% DC -6.5% DC -6.5% -4.6% DE -4.6% -7.8% DE -7.8%

-13.8% -13.8%

Source: U.S. Bureau of Labor Statistics

4.8% Tooele

-10.4% -10.4%

-10.9% -10.9%

-4.3% -4.3%

-4.2% -4.2%

-7.6% -7.6%

-6.9% -6.9%

10.3% 10.3%

Unemployment Unemployment Rate Rate

-2.3% -2.3%

0.6% 0.6%

-7.7% -7.7%

-8.3% -8.3%

-2.9% -2.9%

-4.3% -4.3% USA USA 6.3% 6.3%

7.9% 7.9%

-6.7% -6.7%

0.6% 0.6%

8.7% 8.7%

8.2% 8.2%

3.7% 3.7%

3.4% 3.4%

3.3% 3.3% 6.8% 6.8%

4.7% 4.7%

3.5% 3.3% NA

6.3% 6.3%

5.0% 5.0%

3.4%

6.8% 8.6%

4.5%

Nov Dec

Jan 2021

Other 5.0%

-7 8.7%

8.2%

3.7%

5.6% 7.1% 6.7% V5.6% E R Y 5.6% CO

8.0% 4.6%

R O A D M A P4.7%T O 4.4% RECO

9.3%

Oct

Non-residential

4.0%

3.3%

6.9%

Aug Sep

4.9%

5.6%

6.1% 5.6%

6.6% 4.7% 5.3%

USA 6.3% VT 3.5%

A LNHI T3.8% ION MA 8.4% CT 8.2% RI 7.9%

-8.0%


4% 800 400 400 3% 60 600 200 200 2% 599

20

0

U.S.

1,00020

20 800 40

50 40,000

2000 120,000Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2017 2018 2019 2020 0 100,000 120,000 2019 80,000 2020 100,000 2019 2021 60,000

80,000United States Bankruptcy Court 120,000 Source: 40,000 100,000 60,000 176,524

0

Source: Salt Lake City International Airport

899 899

U.S. Cumulative Case Fatality Rate 376 Rate 376 Utah Utah Cumulative Case Fatality 899

376

0 Utah Department of Health and John Hopkins University (JHU) Coronavirus Source: ResourceJan Center Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb

Source: 120,000 60State of Utah Unified Response Scorecard

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb

6050 100,000 Utah Bankruptcy Cases 50 40 80,000

January 2019 - January 2021 40

60 60,000

2019 2020 2021

899

20,000 599 0 376 Q4 600 0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 0 2017 2018 2019 2020 20 Q1 Jan. Mar. May Jun. Jul. Feb. Apr.Q3 Q4 Q1 Q2 Q3 Nov.Q4 Dec. Aug. Q2 Q3 Q4 Q1 Q2 Q4Sep. Q1 Oct. Q2 Q3 400 2017 2018 2019 2020

2020 2021 2019 S A LT L A K E C H A M B E R 20,000 80,000 2020 40,000 100 0 2021 60,000 20,000 Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. U.S. Utah Jan-19 Jan-193/15/20 3/22/20 Jan-19 Jan-19 Feb-19 Feb-193/29/20 4/5/20 Feb-19 Feb-19 Mar-19 Mar-194/12/20 Mar-19 Mar-19 4/19/20 Apr-19 Apr-194/26/20 Apr-19 Apr-19 May-19 May-195/3/20 May-19 5/10/20 May-19 Jun-19 Jun-195/17/20 Jun-19 5/24/20 Jun-19 Jul-195/31/20Jul-19 Jul-19 Jul-19 6/7/20 Aug-19 Aug-19 Aug-196/14/20 Aug-19 Sep-19 Sep-19 Sep-196/21/20 6/28/20 Sep-19 Oct-19 Oct-19 Oct-197/5/20 Oct-19 7/12/20 Nov-19 Nov-19 Nov-197/19/20 Dec-19 Nov-19 Dec-19 Dec-197/26/20 8/2/20 Jan-20 Dec-19 Jan-20 Jan-20 8/9/20 Feb-20 8/16/20 Jan-20 Feb-20 Feb-208/23/20 Mar-20 Feb-20 Mar-20 Mar-208/30/20 Apr-20 9/6/20 Mar-20 Apr-20 Apr-209/13/20 May-20 9/20/20 Apr-20 Jun-20 May-20 May-209/27/20 May-20 10/4/20 Jul-20 Jun-20 Jun-20 10/11/20 Jun-20 10/18/20 Aug-20 Jul-20 Jul-20 10/25/20 Jul-20 Aug-20 Aug-2011/1/20 Sep-20 Aug-20 11/15/20 Sep-20 Sep-20 Oct-20 11/29/20 Sep-20 Oct-20 Oct-20 12/13/2020 Nov-20 Oct-20 12/27/2020 Nov-20 Nov-20 Dec-20 1/10/2021 Nov-20 Dec-20 Dec-20 1/24/2021 Jan-21 Dec-20 2/7/2021

1,066,321

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

$4,500 $4,500 $4,000 0 1,000 $4,000 $3,500 $3,500 $2,453 $3,000 800 7% $4,500 $2,453 $3,000 599 $2,500 $4,000 6% $2,500 600 $2,000 $3,500 5% $2,000 $2,453 $1,500 $3,000 400 4% $1,500 $1,000 $2,500 3% $1,000 200 1,000 $500 $2,000 2% $500 $00 $1,500 800 $0 1% $1,000 599 0% 600 $500

6%6% 5%5% 80100 7% 4% 4%

1%

0 0%60

100,0000

5%

80,000 4%

0%

100

0

U.S.

3% 0% 0% 2%80 20 20

80 6% 3% 3% 60 5% 2%2% 60 4% 1% 40 100 1%

40 U.S.

7% 120,000

6%

20,000

Jan.

60,000 3%

Jan.

Utah

Jan-19 Feb-19Jan-19 Feb-19 Mar-19 Mar-19 Apr-19 Apr-19 May-19 May-19 Jun-19 Jun-19 Jul-19Jul-19 Aug-19 Aug-19 Sep-19 Sep-19 Oct-19 Oct-19 Nov-19 Nov-19 Dec-19 Dec-19 Jan-20 Jan-20 Feb-20 Feb-20 Mar-20 Mar-20 Apr-20 Apr-20 May-20 May-20 Jun-20 Jun-20Jul-20 Aug-20 Jul-20 Sep-20 Aug-20 Oct-20 Sep-20 Nov-20 Oct-20 Dec-20 Nov-20 Dec-20Jan-21

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

176,524

1,066,321

$3,832 $3,832 899 $4,414 $4,414

$4,414 Rate U.S. Cumulative Case Fatality $3,832 376 Utah Cumulative Case Fatality Rate

899 376

$0 400 Utah State Tax Commission Source:

200

Utah Vaccine Doses by Week 7% 100 7% 0 December 14, 2020 - February 22, 2021 U.S. Cumulative Case Fatality Rate U.S. Cumulative Case Fatality Rate Utah Cumulative Case Fatality Rate Utah Cumulative Case Fatality Rate

600

U.S. Cumulative Case Fatality Rate Utah Cumulative Case Fatality Rate

400

Utah 200

12/14 12/21 12/28 1/4 1/11 1/18 1/25 2/1 2/8 2/15 2/22 2021 2020 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Note: Number of vaccines includes date listed and the following 6 days. 40 Utah Department of Health Source:

0

0

CEO 100Confidence Index, Q1 2017 – Q4 2020 20

100 600 600 80 80 060 400 60 50 Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 100 400Feb 60 $4,500 600 40 40 $4,414 $3,832 80 $4,000 40 200 200 $3,50020 400 6020 $2,453 20 $3,000 0 0 0 40 $2,500 060 12/14 12/21 12/28 1/4 1/11 1/18 1/25 2/1 2/8 2/15 2/22 20211/11 1/18 1/25 2/1 2/8 2/15 2/22 200 12/14 202012/21 12/28 1/4 $2,0000 2021Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 2020 20 Q1 Q2 Q3 Q4 50 $1,500 2017 2018 2019 2020 0 40 0 $1,000 12/14 12/21 12/28 1/4 1/11 1/18 1/25 2/1 2/8 2/15 2/22 Note: Index can range from 20210 to 100. A score below 50 indicates executives believe $500The 2020 the economy will worsen; a score above 50 indicates a belief among executives that the 20 $0 economy will improve 120,000 Source: Salt Lake Chamber’s CEOutlook. Kem C. Gardner Policy Institute, and Utah Bureau of Labor Statistics 100,000 2019

0 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 80,000 2020 2017 2018 2019 2020 Visit Salt Lake Facility Attendees 2021 60,000

January 2019 - December 2020

40,000

U.S. Cumulative Case Fatality Rate Utah Cumulative Case Fatality 2019Rate

Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec. 2020 2021

2% 40,000

1% 20,000

Note: Data only includes conferences/conventions with 1500 attendees or more. Source: Visit Salt Lake

Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

ROADMAP TO RECOVERY COALITION

Cumul

600

Vaccines Doses by WeekVaccines (thousands) Doses by Week (thousands)

$500 1,000,000 200 0 0 $0 500,000 0 1,066,321 1,066,321 376

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

176,524 176,524

Vaccines Doses by Week (thousands)

899

3/15/20 3/15/20 3/22/20 3/22/20 3/15/20 3/29/20 3/29/20 3/22/20 4/5/20 4/5/20 3/29/20 4/12/20 4/12/20 4/5/20 4/19/20 4/19/20 4/12/20 4/26/20 4/26/20 4/19/20 5/3/20 5/3/20 4/26/20 5/10/20 5/10/20 5/3/20 5/17/20 5/17/20 5/10/20 5/24/20 5/24/20 5/17/20 5/31/20 5/31/20 5/24/20 6/7/20 6/7/20 5/31/20 6/14/20 6/14/20 6/7/20 6/21/20 6/21/20 6/14/20 6/28/20 6/28/20 6/21/20 7/5/20 7/5/20 6/28/20 7/12/20 7/12/20 7/5/20 7/19/20 7/19/20 7/12/20 7/26/20 7/26/20 7/19/20 8/2/20 8/2/20 7/26/20 8/9/20 8/9/20 8/2/20 8/16/20 8/16/20 8/9/20 8/23/20 8/23/20 8/16/20 8/30/20 8/30/20 8/23/20 9/6/20 9/6/20 8/30/20 9/13/20 9/13/20 9/6/20 9/20/20 9/20/20 9/13/20 9/27/20 9/27/20 9/20/20 10/4/20 10/4/20 9/27/20 10/11/20 10/11/20 10/4/20 10/18/20 10/18/20 10/11/20 10/25/20 10/25/20 10/18/20 11/1/20 11/1/20 10/25/20 11/15/20 11/15/20 11/1/20 11/29/20 11/29/20 11/15/20 12/13/2020 12/13/2020 11/29/20 12/27/2020 12/27/2020 12/13/2020 1/10/2021 12/27/2020 1/10/2021 1/24/2021 1/24/2021 1/10/2021 2/7/2021 2/7/2021 1/24/2021 2/7/2021

$4,414

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20

599 599 2,483,505

$3,832

Vaccines Doses by Week (thousands) Vaccines by Week (thousands) Confidence Index Doses Confidence Index Vaccines Doses by Week (thousands)

80

7% 800 800 100 6% 1,000 600 600 5% 2,483,505 2,483,505

3/15/20 3/22/20 3/29/20 4/5/20 4/12/20 4/19/20 4/26/20 5/3/20 5/10/20 5/17/20 5/24/20 5/31/20 6/7/20 6/14/20 6/21/20 6/28/20 7/5/20 7/12/20 7/19/20 7/26/20 8/2/20 8/9/20 8/16/20 8/23/20 8/30/20 9/6/20 9/13/20 9/20/20 9/27/20 10/4/20 10/11/20 10/18/20 10/25/20 11/1/20 11/15/20 11/29/20 12/13/2020 12/27/2020 1/10/2021 1/24/2021 2/7/2021

Cumulative Case Fatality Rate 1,000 1,000 15, 2020 - February 7, 2021 March Jan-19 Jan-19 Jan-19 Jan-19Feb-19 Jan-19 Feb-19 Mar-19 Feb-19 Feb-19 Feb-19 Mar-19 Mar-19 Mar-19 Apr-19 Mar-19 Apr-19 Apr-19 Apr-19 May-19 Apr-19 May-19 May-19 May-19 Jun-19 May-19 Jun-19 Jun-19Jun-19 Jul-19 Jun-19 Jul-19 Jul-19Jul-19 Aug-19 Jul-19 Aug-19 Aug-19 Aug-19 Aug-19 Sep-19 Sep-19 Sep-19 Sep-19 Sep-19 Oct-19 Oct-19 Oct-19Oct-19 Oct-19 Nov-19 Nov-19 Nov-19 Nov-19 Nov-19 Dec-19 Dec-19 Dec-19 Dec-19 Dec-19 Jan-20 Jan-20Jan-20 Jan-20 Jan-20 Feb-20 Feb-20 Feb-20 Feb-20 Feb-20 Mar-20 Mar-20 Mar-20 Mar-20 Mar-20 Apr-20 Apr-20 Apr-20 Apr-20 Apr-20 May-20 May-20 May-20 May-20 May-20 Jun-20 Jun-20Jun-20 Jun-20 Jun-20 Jul-20 Jul-20Jul-20 Jul-20 Jul-20 Aug-20 Aug-20 Aug-20 Aug-20 Aug-20 Sep-20 Sep-20 Sep-20 Sep-20 Sep-20 Oct-20 Oct-20Oct-20 Oct-20 Oct-20 Nov-20 Nov-20 Nov-20 Nov-20 Nov-20 Dec-20 Dec-20 Dec-20 Dec-20 Jan-21 Jan-21Dec-20 Jan-21 Jan-21

3,000,000 3,000,000 $4,500 2,006,725 2,500,000 2,006,725 $4,000 2,500,000 1,000 $3,500 2,000,000 3,000,000 2,000,000$2,453 $3,000 2,006,725 800 1,500,000 2,500,000 $2,500 1,500,000 599 $2,000 1,000,000 600 2,000,000 1,000,000 $1,500 500,000 1,500,000 400 500,000 $1,000

Utah Taxable Retail Sales (millions) 1,000,000 January 500,000 2019 - December 2020

Cumulative Vaccines (thousands) CumulativeCumulative Vaccines (thousands) Vaccines (thousands)

9 0 1 3/15/20 3/22/20

SLC International Airport Passengers January 2019 - January 2021

ousands)

100 100 Consumer Confidence

U.S. Utah U.S.2021Utah January 2020 - February 80 100 80 600 100 80 6060 U.S. Utah 3,000,000 60 400 806050 2,483,505 2,006,725 2,500,000 40 404040 200 60 2,000,000 20 20 20 1,500,000 0 40 0 1,066,321 0 12/14 12/21 12/28 1/4 1/11 1/18 1/25 2/1 2/8 2/15 2/22 176,524 1,000,000 0 2020 2021 May Jun Jul Aug Sep Oct Nov Dec Jan Feb 0Jan Feb Mar Apr 20 Jan Feb Q1 Q2 Q3 Q4 Q1Jun Q2 Jul Q3 Aug Q4 Q1 Q2OctQ3Nov Q4 Dec Q1 Q2 Mar May Sep Jan Q3 FebQ4 Apr 500,000 2017 2018 2019 2020 0 0 Cumulative Vaccines (thousands)

3 Q4 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

Feb 1% 400 00 40 0% 200

Jan-19 Jan-193/29/20 4/5/20 Jan-19 Feb-19 Feb-194/12/20 Feb-19 Mar-19 Mar-194/19/20 4/26/20 Mar-19 Apr-19 Apr-19 5/3/20 Apr-19 May-19 May-195/10/20 5/17/20 May-19 Jun-19 Jun-195/24/20 Jun-19 Jul-19 Jul-195/31/20 6/7/20 Jul-19 Aug-19 Aug-196/14/20 Aug-19 6/21/20 Sep-19 Sep-196/28/20 Sep-19 Oct-19 Oct-19 7/5/20 Oct-19 Nov-19 Nov-197/12/20 7/19/20 Nov-19 Dec-19 Dec-197/26/20 Dec-19 Jan-20 Jan-20 8/2/20 8/9/20 Jan-20 Feb-20 Feb-208/16/20 8/23/20 Feb-20 Mar-20 Mar-208/30/20 Mar-20 Apr-20 Apr-20 9/6/20 9/13/20 Apr-20 May-20 May-209/20/20 May-20 Jun-20 Jun-209/27/20 10/4/20 Jun-20 Jul-20 Jul-2010/11/20 Jul-20 Aug-20 Aug-2010/18/20 10/25/20 Aug-20 Sep-20 Sep-2011/1/20 11/15/20 Sep-20 Oct-20 Oct-2011/29/20 Oct-20 12/13/2020 Nov-20 Nov-20 12/27/2020 Nov-20 Dec-20 1/10/2021 Dec-20 1/24/2021 Dec-20 Jan-21 Jan-212/7/2021 Jan-21

376

Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20 Jul-20 Aug-20 Sep-20 Oct-20 Nov-20 Dec-20 Jan-21

Confidence Index

0

$1,000 0 2,000,000 $500 $0 1,500,000

Cumulative Vaccines (thousands)

Vaccines Doses by Week (thousands)

Nov-20 Dec-20 Jan-21

,321

Confidence Confidence Index Index Confidence Index

Dec-20 Jan-21

500,000

$0 $3,000 $2,500

$2,000 $1,500 $1,000 $500 $0 7%

6%

5%

4%

3%

2% 7% 1% 6% 0%

5%

4%

3%

2%

1%

0%

100 80

60

40

20 100 800

60

40

20 0


Special thanks to the Roadmap to Recovery Coalition Investors

“Utah continues to show strong economic improvement. With an unemployment rate of 3.3%, the lowest in the nation, Utah is well on its way to a full economic recovery.”

Roadmap to Recovery Investor

Protect the Hive Investor

Scott Parson, Co-Chair

“With COVID-19 cases falling and vaccine doses climbing, Utah’s future looks bright. We continue to work toward prosperity for all Utahns.”

Innovate Investors

Convener Investor

Mikelle Moore, Co-Chair

Collaborator Investor

Rio Tinto Kennecott

Prepared by the Kem C. Gardner Policy Institute


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