Survey Says: Wyoming Economy Climbing

Wyoming's economy is making a turn, for the better as employment rates rise.

News 13's broke down the numbers from the latest Macro Report.
The latest report highlighting Wyoming’s economy is out and the numbers are positive compared to last year's.

David Bullard an Economist shared, “The job numbers came in very solid for the state of Wyoming for February we showed growth of nearly 5-thousand jobs or 1.8 percent. The labor force seems to be stabilizing starting to stabilize at this point."

Wyoming Department of Workforce Services reports said unemployment rates dropped almost half a percent (4.5-4.1) in a year.

Counties seeing the largest decreases include, Campbell, Converse and Sublette.

Natrona County was also listed, dropping nearly two percent (6.7-5.1).
"Ten out of the thirteen major sectors showed job growth."

The highest of those ten sectors included: mining and professional and business services.

Combined they created over three thousand jobs between February 2017 and February 2018.

Even sales tax created a positive wave according to Wyoming’s economy macro report data.

Within nine months, 83 million dollars were gained.

From Visit Casper, John Giantonio shared, “All the Wyoming High School Activities Association championships that we've been hosting here in Casper seen increased numbers in people coming in to see those events. So ultimately we could say that potentially these have an impact on the sales tax collections and increase in tourism."

The two largest industries with sales tax growth were mining and retail trade.

Oil and gas jobs increased by 14-hundred compared to a year ago, bringing the oil and gas job number to over 12-thousand in March.