Economy

In the latest edition of Across The States: A Profile of Long-Term Services and Supports (LTSS), research trends suggest that by 2055 Wyoming’s population of those age 85 and over will grow by 227 percent, or 20 percent more than the national average.

The national benchmark for crude, West Texas Intermediate, dipped under $50 a barrel on last week. But those in the Wyoming oil industry aren't panicking over the recent plunging prices.

The Economically Needed Diversity Options for Wyoming (ENDOW) Executive council hosted a public forum today to share what they’re excited about in the future, as well as reflect on what has gone well over the past year.

A study is ranking Wyoming's tax rate gap between rich and poor one of the worst in the Nation, but state officials say that only tells part of the story. We ask residents what they think about Wyoming's tax system.

Wyoming is experiencing around 3% inflation to the cost of living, but economists say it's a sign of a rebounding economy.

It's National Retirement Security Week, this week is intended to raise awareness about how critical it is to save and plan for retirement and encourage employees and retirees to take full advantage of employer-sponsored retirement plans.

Wyoming’s economy, as a whole, is growing, but there is still work to do. From tourism to taxable sales to drilling for oil, just about every part of the state’s money-making ability gained strength. But there is still work to do.

A significant oil and lease sale has brought in about $61 million dollars, of that, about $29 million will go back to Wyoming for roads and schools. Deputy Secretary at the Department of the Interior David Bernhardt says the sale is significant because it's the first lease sale where the DOI worked with governors to protect state wildlife corridors for big game and ensuring the states interest in managing wildlife.

A recent report says carbon technology could support 2,600 jobs a year in Wyoming, addressing some of the state's most troubling problems — like the loss of young people who move to other states.

The sales of products that can be taxed in Wyoming accelerated to $3.9 billion for the first few months of this year. According to a state economic summary released this week, the total income from sales and use taxes increased by 64 percent in Converse County, where new oil development is active.

A pharmaceutical manufacturer is laying off about 50 workers at its northern Wyoming facility as the company focuses its resources elsewhere. The announcement affects about a third of the workforce at Cody Laboratories, which employed about 135 workers last fall.

Wyoming's unemployment rate fell to 3.8 percent in April, the lowest the rate has been since November 2008. The Wyoming Department of Workforce Services reports that the April rate is down from the 3.9 percent recorded in March.

Arch Coal has announced plans to scale back production at its Black Thunder mine in northeast Wyoming by about 10 million tons this year

The cost of living in Wyoming has increased by 2.3% since last year.

A proposal introduced in the Wyoming Legislature advocates for imposing a fee at Yellowstone National Park to help pay for wildlife conservation efforts in the states surrounding the park.

Beginning Monday, the Internal Revenue Service has announced they will begin accepting 2017 returns. This year the deadline to file is April 17 which means you have two extra days to file.

Wyoming's unemployment rate fell slightly to 4.2 percent in December from November's 4.3 percent. The Wyoming Department of Workforce Services says the state's unemployment rate has decreased significantly from its year-ago level of 4.8 percent mainly from people leaving the workforce.

New revenue forecasts predict increasing oil patch activity in Wyoming will generate more tax revenue for the state's depleted coffers. Wyoming's public K-12 education system alone faces a more than $400 million deficit over the next two years.

State economists and Cheyenne City Councilman Dicky Shanor say population growth is anticipated for 2018.

Western coal states and a Canadian province have signed an agreement to collaborate on coal research.

From September to October, most county unemployment rates in Wyoming followed their normal seasonal pattern and increased.

The tax would raise an estimated $17.8 million annually.

This marks the fund's best performance above the state's benchmark over the past ten years.

The report released this week forecasts state revenues ahead of earlier projections.

Realtor.com ranks Colorado Springs as the seventh hottest housing market in the country.

State Economists say the mild recovery of the mining sector made up a large portion of that economy boost.

The report suggested ways the state could consolidate services and make various departments more efficient.

The report is called the Comprehensive Annual Financial Report for the Fiscal Year Ended June 30, 2017.

The state Department of Audit says 13 of the 79 small towns in Wyoming have not been audited by the state.

Most of the money owed is from unpaid court fines and taxes.