Utah consumer confidence reaches record, but worries are plentiful

The confidence of Utahns in the economy reached a new high in August, but the upward move was modest, suggesting that consumer optimism had reached a plateau. Zions Bank’s Consumer Attitude Index hasn’t changed much since May, and this month it rose just 2.8 points to 88.4 from a revised 85.6 in July — even though there’s been solid job creation, a broad-based recovery in housing and advances in stocks. “Housing is improving, the unemployment rate has again dropped slightly to 4.6 percent, but ...

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