Consumer Price Index

Mike Mozart / Flickr Creative Commons

Gas prices are tumbling, thanks to a glut of petroleum on the world market. That may be great for consumers, but it’s tough for Utah’s petroleum industry and the state budget.

Bob Nelson

The monthly Consumer Attitude Index from Zions Bank increased by 3.7 percent from March to April. The Wasatch Front Consumer Price Index also rose by 0.7 percent. The Cicero Group conducts the research for Zions. Cicero’s CEO Randy Shumway says while the improving attitude index is causing some concerns about inflation, the state is not close to any real problem with that. He says crossing this attitude index milestone puts the state economy on track to be running on all cylinders by the end of the year.