Economic Analysis Division

Data from the Wyoming Department of Administration Information’s Economic Analysis Division indicate that two-thirds of communities over 2,000 people grew from July 2021 to July 2022. It comes as both Cheyenne and Casper each lost a few hundred residents each and while rural areas generally experienced some level of growth.

Recently released data indicate that 5,700 more jobs were added during this period, a two percent increase from the same period the year before. Taxable revenue increased by nearly 14 percent with several sectors, including mineral extractions, experiencing major upticks. Tourism and hospitality and professional and business service sectors all added workers, among others. But while some did better than others, unemployment also rose. Wyoming still lagged slightly behind the national average growth rate for this period.

The Wyoming Division of Economic Analysis released statistics for the third quarter of 2022 which indicate that major economic drivers such as the mining and energy sectors have added jobs but still lag behind their pre-COVID figures. The leisure and hospitality and professional and business services sectors added some of the most jobs during that time. Despite gains over the last decade in diversifying its economy, the Cowboy State still ranks as one of the least economically diversified states nationally.

The state's senior population is rising and is expected to reach 20 percent of the total population by 2030 if trends continue. Since 2010, the growth of minority populations, namely those who are of two or more races and Hispanic and Latinx, have almost exclusively been responsible for Wyoming's population growth.

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