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State issues May report on Wyoming economic health

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Via the Wyoming News Exchange

CHEYENNE (WNE) — The May 2024 issue of the Wyoming Economic Indicators report is available at the State of Wyoming’s Economic Analysis Division website, analysis.

This report contains the Wyoming Economic Health Index (WEHI), a coincident economic indicator designed to provide a current assessment of the state’s economy.

Highlights from this month’s issue include the following:

  • The Wyoming Economic Health Index reported an index value of 107.4 in March 2024. This value is higher than the March 2023 value of 106.6.
  • The unemployment rate for Wyoming in March 2024 was 2.8%, lower than the national unemployment rate of 3.8%. This is the 12th consecutive month the unemployment rate has been below 3%.
  • Total non-farm payroll jobs in Wyoming numbered 292,600 in March 2024, higher than March 2023 by 2,300 jobs.
  • Wyoming’s sales and use tax collections from the mining sector in March 2024 increased 1.1% compared to March last year.
  • Wyoming’s collection of the 4% sales and use tax from lodging in March 2024 increased 24% compared to March last year.

See for the full report.

This story was published on May 29, 2024.

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