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.
Senator Orrin Hatch spoke about immigration reform in Salt Lake City Wednesday at a Zions Bank client event. He praised the 844-page comprehensive legislation put forward by the group of Senators known as the Gang of 8, but stopped short of supporting it.