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  • May 27, 2015

Government shutdown causes decrease in consumer attitudes - CacheValleyDaily.com : News

Government shutdown causes decrease in consumer attitudes

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Posted: Wednesday, October 30, 2013 9:06 am | Updated: 7:02 pm, Mon Nov 18, 2013.

The Zions Bank Consumer Attitude Index decreased 14.6 points to 78.1 from September to October. The report released Tuesday shows that the government shutdown weighed heavily on consumer attitudes.

Those who think business conditions in their area are bad increased from nine percent to 14 percent and those who think jobs in their area are plentiful decreased from 22 percent to 17 percent.

For the state of Utah, the government shutdown took its toll on tourism communities around the state. Prior to the shutdown, communities surrounding state parks were experiencing record years.

The overall tourism outlook for the year is positive, but will likely fall short of the projected record-breaking economic benefit.

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