Although far from the R-word, Wyoming's economy is slowing

Wyoming’s economy continues to grow, but it’s at a slower pace than in the past – raising the question of whether a recession is in the near future.

Consider this: Wyoming’s number of single-family residential building permits increased by just six in the first eight months of the year over the same period last year.

That’s according to the Wyoming MACRO Report, a quarterly publication looking at economic and revenue data.

Non-farm employment is up only 1.3 percent in August of this year, compared to August 2018, blunted by 1,400 jobs lost in mining – including coal — and virtually no growth in oil and gas jobs, the report states.

Read more: https://cowboystatedaily.com/2019/10/30/although-far-from-the-r-word-wyomings-economy-is-slowing/