Based on data from the Wyoming department of administration and information, the state’s economy continues to struggle to recover, as taxable sales are still negative, while some counties see greater gains.
Dr. Wenlin Liu, Chief Economist with the state of Wyoming, Economic Analysis Division, said:
“As the resurgence of the virus diminished, Wyoming’s economy continued to rebound in the first quarter, similar to the U.S. average. However, the slow recovery in the state’s oil & gas drilling activities is still dragging the pace of Wyoming’s overall economic improvement. Approximately 15,730 or 5.6% less payroll jobs were recorded in the first quarter of 2021 compared to the prior year, led by -5,070, or -25.7%, in the mineral extraction industry.”