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Wyoming Sees Slow but Steady Economic Progress Despite Industry Shifts

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Wyoming Sees Slow but Steady Economic Progress Despite Industry Shifts


Wyoming’s economy continues to show signs of steady—if cautious—forward motion as the state works through a mix of growth, headwinds, and sector-by-sector shifts.

During the third quarter, job growth held to a familiar, modest pace. Total employment was up 0.4 percent compared to a year earlier, translating to about 1,300 additional jobs statewide. While that growth won’t set records, it reflects a labor market that remains resilient in an uneven economic climate.

Several sectors helped carry that momentum. Transportation, warehousing, and utilities posted the strongest gains, growing nearly 2 percent over the year. Government employment—including public higher education, K–12 schools, and local hospitals—added about 500 jobs, while private education and health services contributed another 400. Together, those gains helped offset continued losses in mining, which contracted by nearly 4 percent.

Even with that decline, Wyoming’s unemployment rate remained low at 3.3 percent in the third quarter—well below the national average of 4.3 percent. Dr. Wenlin Liu, chief economist with the Wyoming Division of Economic Analysis, said the numbers reflect a labor market that’s holding its ground. “Despite a contraction in the mining industry, the state’s labor market continued to demonstrate resilience, characterized by a low unemployment rate and modest employment growth,” Liu said.

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That resilience, however, hasn’t carried over evenly into consumer activity. Total taxable sales dipped 0.2 percent compared to the same quarter last year, marking the sixth straight quarter of year-over-year decline. The biggest drags came from wholesale trade and mining. Wholesale trade fell more than 33 percent, largely reflecting a slowdown in wind power projects, while mining sales dropped over 20 percent, driven in part by tax refunds issued back to businesses.

Tourism, on the other hand, offered a bright spot. Even as international travel declined nationwide, Wyoming’s national parks continued to draw crowds. Grand Teton National Park set a new record for recreation visits during the third quarter, and Yellowstone National Park logged its third-highest visitation on record. Those numbers provided a welcome boost to local economies that rely heavily on visitor spending.

Housing remains one of the more complicated stories. Across the country, high mortgage rates and elevated home prices have kept existing-home sales near their slowest pace since the 2008 financial crisis. Inventory, which had been a major obstacle for buyers, has improved—climbing more than 15 percent year-over-year—but affordability remains a challenge. In Wyoming, single-family home prices continued to edge higher, rising 1.2 percent compared to last year. That increase was slower than the national pace, which cooled to a 2.2 percent annual gain.

Energy revenues told a more nuanced story. Mineral severance tax collections in the third quarter were up slightly—about 0.6 percent from a year ago. Strong demand from AI-related data centers and record liquefied natural gas exports pushed natural gas prices higher, helping to offset a significant drop in oil prices. The net result was a modest gain in revenue rather than a sharper decline.

State finances also benefited from higher investment returns. Thanks to a larger investment corpus, income distributed to the state’s general fund reached $118.8 million in the third quarter—up 12.5 percent from the same period last year and the highest total ever recorded for a third quarter.

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At the local level, the November 2025 Cheyenne Economic Indicators report painted a similarly mixed but generally positive picture for Laramie County. The Cheyenne Economic Health Index rose to 108.1 in September, up from 107.3 a year earlier, and has increased year-over-year in five of the past six months. Non-farm payrolls reached 49,000 jobs, up about 200 from last year, while the county’s unemployment rate ticked slightly higher to 3.0 percent.

Sales tax collections told a stronger story locally than statewide. Laramie County collected $13.6 million in 4 percent sales and use tax revenue in September—an 11.9 percent increase over last year. Meanwhile, the average home value in the county rose 2.9 percent year-over-year.

Taken together, the data suggest an economy that’s neither surging nor stalling. Wyoming continues to lean on steady employment, strong tourism, and solid investment income, while navigating softer consumer spending, housing affordability challenges, and ongoing shifts in the energy sector. It’s a familiar balancing act—one that shows progress, even if it’s coming a little slower than some might hope.

Wyoming: A Dozen Photos Reflecting on 2025

Gallery Credit: Kolby Fedore, Townsquare Media





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Wyoming

Snowpack In The South Laramie Range At Just Three Percent Of Normal Levels

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Snowpack In The South Laramie Range At Just Three Percent Of Normal Levels


The snowpack in the South Laramie Range in southeast Wyoming as of Monday was at three percent of normal, according to the Cheyenne Office of the National Weather Service.

And while other mountain ranges in southeast Wyoming were not nearly that low in snowpack, they were still well below normal at last report.

The agency posted the following on its website:

February was yet another warm and dry month, continuing the pattern that has dominated our area since last fall. Mountain snowpack remains well below average in southeast Wyoming, especially in the Laramie Range where snowpack is at an all time record low. For the plains, some light snow fell last month, but it was not enough to keep from increasing seasonal snowfall deficits. Cheyenne is off to its 4th least snowy start to the season since records began in the 1880s, and Scottsbluff has received the 2nd least snow since record began in the 1890s. We are now approximately two-thirds of the way through the snow accumulation season, with a little more than one-third to go in March, April, and into early May.

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But the good news is that after a wet 24 hours on Monday night/Tuesday, more snow may be headed our way on Friday.

Cheyenne, Laramie Forecasts

Cheyenne Forecast

Tonight

A slight chance of rain and snow showers before 11pm. Cloudy during the early evening, then gradual clearing, with a low around 24. West wind around 5 mph. Chance of precipitation is 20%.

Wednesday

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Sunny, with a high near 55. West wind around 10 mph.

Wednesday Night

Partly cloudy, with a low around 30. West wind 5 to 10 mph.

Thursday

A slight chance of rain showers after 11am, mixing with snow after 5pm. Partly sunny, with a high near 59. West wind 5 to 10 mph becoming south southeast in the afternoon. Chance of precipitation is 20%.

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Thursday Night

Rain and snow showers likely, becoming all snow after 11pm. Mostly cloudy, with a low around 25. Blustery. Chance of precipitation is 70%.

Friday

Snow showers. High near 32. Breezy. Chance of precipitation is 90%.

Friday Night

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A chance of snow showers before 11pm. Partly cloudy, with a low around 18.

Saturday

Sunny, with a high near 44. Breezy.

Saturday Night

Mostly clear, with a low around 29. Breezy.

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Sunday

Mostly sunny, with a high near 54. Breezy.

Sunday Night

Mostly clear, with a low around 35. Breezy.

Monday

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Mostly sunny, with a high near 62. Breezy.

Monday Night

A slight chance of rain and snow showers. Partly cloudy, with a low around 35.

Tuesday

A chance of rain and snow showers. Partly sunny, with a high near 54. Breezy.

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Laramie Forecast

Tonight

Mostly cloudy, then gradually becoming mostly clear, with a low around 20. Calm wind becoming south around 5 mph after midnight.

Wednesday

Sunny, with a high near 48. South wind 5 to 10 mph becoming west southwest in the afternoon.

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Wednesday Night

Increasing clouds, with a low around 27. South wind around 5 mph.

Thursday

A slight chance of rain and snow showers after 11am. Mostly sunny, with a high near 52. Southwest wind 5 to 10 mph. Chance of precipitation is 20%.

Thursday Night

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Snow showers. Low around 23. Chance of precipitation is 80%.

Friday

Snow showers. High near 31. Chance of precipitation is 90%.

Friday Night

A chance of snow showers before 11pm. Mostly cloudy, with a low around 13.

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Saturday

Sunny, with a high near 39.

Saturday Night

Mostly clear, with a low around 25.

Sunday

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Sunny, with a high near 48. Breezy.

Sunday Night

Mostly clear, with a low around 32.

Monday

Mostly sunny, with a high near 54. Breezy.

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Monday Night

A slight chance of snow showers. Mostly clear, with a low around 33.

Tuesday

A chance of snow showers. Partly sunny, with a high near 50. Breezy.

2026 WHSAA Wyoming State Wrestling Championship

Gallery Credit: Kolby Fedore, TSM

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Search and rescue license plates raise $33K at auction for statewide fund

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Search and rescue license plates raise K at auction for statewide fund


WYOMING — New specialty license plates rolled out by the Wyoming Department of Transportation (WYDOT) at the beginning of 2026 raised over $30,000 for Wyoming search and rescue (SAR) organizations in a statewide auction. The auction for the new SAR specialty license plates, hosted by WYDOT, offered residents the opportunity to bid on low-numbered license […]



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This Small Wyoming Town Has The Best Downtown

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This Small Wyoming Town Has The Best Downtown


If you’re planning on visiting Wyoming, for a truly authentic experience, you must include at least one of the state’s awesome downtowns in your travel plans. Positioned at the southern end of the 60-mile-long valley known as Jackson Hole, the character-rich town of Jackson is one such place to consider. A wonderful place to explore on foot, Jackson’s unique downtown, with its Old West vibe, spreads out from the intersection of Broadway and Cache Street. While it consists of just a few blocks, it is jam-packed with fun things to do, no matter what time of year you visit. Its impressive elk arch makes for an excellent photo opportunity, while the charm of its Old West heritage exudes from the historic buildings, cowboy-themed bars, and art installations across town. The wild past also comes to life in Jackson during the Jackson Hole Shootout at the Town Square, a tradition that has endured since 1957.

Town Square And The Elk Antler Arches

Tourists love to pose for pictures before the Elk Antler Arch at George Washington Memorial Park in Jackson, Wyoming.

Though Jackson’s Central Park is officially known as George Washington Memorial Park, locals and visitors alike prefer to call it Town Square. Dedicated in 1934, this centrally located public space occupies the block at Broadway and Cache and is famous for the elk antler archers set at each of its corners.

Made entirely from naturally shed elk antlers, the first arch was erected by local Boy Scouts and Rotary Club members in 1953, with the other three added a few years later. Each consists of around 2,000 antlers collected from the nearby National Elk Refuge and is among the most photographed landmarks in Wyoming.

Antlers on auction at the Elk Antler Auction during ELKFEST in Jackson, Wyoming.
Antlers on auction at the Elk Antler Auction during ELKFEST in Jackson, Wyoming.

For a truly memorable experience, try to time a visit to coincide with ELKFEST. Held in May, this community-wide celebration attracts visitors from across the country for events like the Mountain Man Rendezvous, a reenactment of the state’s early fur trading years.

The main event, though, is the highly anticipated Elk Antler Auction. Bidders from far and wide turn up at Town Square to purchase antlers, which are then used to make everything from furniture to jewelry (proceeds going back to the Elk Refuge).

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Jackson’s Cowboy Heritage

Jackson Hole Shootout celebrations in Jackson, Wyoming.
Jackson Hole Shootout celebrations in Jackson, Wyoming.

From Memorial Day through Labor Day, Town Square becomes the backdrop of the famous Jackson Hole Shootout. This fun (and free) mock gunfight has been entertaining visitors since 1957 and includes several costumed outlaws and lawmen shooting it out (with blanks, of course). You can add to the experience by hopping aboard the Jackson Hole Stagecoach, a ride aboard a century-old coach that loops around downtown.

The Million Dollar Cowboy Bar in Jackson, Wyoming.
The Million Dollar Cowboy Bar in Jackson, Wyoming.

The Old West theme is evident in other spots around the downtown core, too. Steps from Town Square, the Million Dollar Cowboy Bar has been around since 1937 and is set in what was once the town’s first bank in the late 1890s. Highlights include its hand-carved bar top with silver dollars embedded in it, as well as its cool saddle barstools. Live music is regularly scheduled on the stage that has seen such legends as Willie Nelson and Hank Williams Jr. perform.

A cowboy mannequin in front of a photos store in Jackson, Wyoming.
A cowboy mannequin in front of a photos store in Jackson, Wyoming.

The Wort Hotel is another downtown landmark you’ll want to include in your Jackson itinerary. A local fixture since 1941, it’s here you’ll find the famous Silver Dollar Bar with its custom-made S-shaped counter inlaid with 2,032 uncirculated (and therefore rare) 1921 silver dollars. You’ll also want to check out its priceless collection of original Western art.

Other Fun Stuff To Do In Downtown Jackson

Local businesses in downtown Jackson, Wyoming.
Local businesses in downtown Jackson, Wyoming.

In addition to its iconic bars, downtown Jackson also boasts a world-class food scene. Highlights include Persephone Bakery, its old-fashioned stone hearth turning out delicious baked goods, including croissants and artisanal bread. Also yummy, Cafe Genevieve occupies an old log cabin and serves breakfast and lunch with a Southern-inspired menu.

The Mountain Trails Galleries in Jackson, Wyoming
The Mountain Trails Galleries in Jackson, Wyoming. Image credit: DXR via Wikimedia Commons.

Jackson’s art scene is also worth a mention. Art galleries are plentiful in the downtown area, with establishments like Astoria Fine Art and Mountain Trails Galleries, both on Town Square, featuring works by local, national, and international artists. The Center for the Arts is another cultural high point and features performance spaces, visual arts studios, and an outdoor sculpture park.

Snow King Mountain

View of the Snow King Mountain from downtown Jackson, Wyoming, in winter
View of the Snow King Mountain from downtown Jackson, Wyoming, in winter.

Another unique feature of Jackson’s downtown is its proximity to some of Wyoming’s best (and certainly most accessible) ski hills. The base of Snow King Mountain is just six blocks from Town Square and has been in use since 1936, and really took off when Wyoming’s first chairlift opened here in 1946.

The chairlift ride in Snow King Mountain.
The chairlift ride in Snow King Mountain.

Dubbed the “Town Hill” by locals, Snow King now consists of 500 skiable acres, 41 named runs, three chairlifts, an eight-passenger gondola, and night skiing. In warmer months, the action shifts to a thrilling Cowboy Coaster, a zipline, a treetop adventure ropes course, and an alpine slide.

The Snow King Observatory and Planetarium is another excuse to head for the hills from downtown Jackson. Located at the summit of Snow King Mountain, in addition to its large telescope, this must-see attraction features a planetarium theater and a rooftop observation deck boasting incredible views over Jackson and the Jackson Hole Valley.

Explore Jackson’s Not-So-Wild Side

Downtown Jackson has so much to offer visitors seeking an authentic slice of Wyoming life. From its unique elk antler arches to its art galleries and cowboy culture, as well as its unique position steps from the ski hills, few towns in the USA’s Mountain Region can match the long list of fun things to do in Jackson’s downtown core.



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