Wyoming Economic Analysis Division Releases Latest State Economic Indicators

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CHEYENNE, Wyo. (News Release) – The November 2020 issue of the Wyoming Economic Indicators Report is available on the State of Wyoming Division of Economic Analysis website http://eadiv.state.wy.us/. Included in the Wyoming Economic Indicators report is the Wyoming Economic Health Index (WEHI), a coincident economic indicator designed to provide a current assessment of the state’s economy.

Here are the highlights from this month’s issue:

(1) Wyoming’s Economic Health Index reported an index value of 99.9 in September 2020. This is the fifth consecutive month that the index has risen after hitting an all-time low in April, but it is still much lower than it was before the covid19 pandemic.

(2) Wyoming’s unemployment rate in September 2020 was 6.1%, down for the fifth straight month and below the national unemployment rate of 7.9%.

(3) Total nonfarm payroll employment in Wyoming was 273,900 in September 2020, higher than April 2020 by 11,500 jobs, but lower than September 2019 by 16,100 jobs.

(4) Wyoming tax revenue from mining sales and use continues to suffer, down $7.9 million (-68.8%) from September last year.

See the link below for more details.

Wyoming Economic Indicators

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