Cheyenne, WY. – A recent economic report and other indicators show that Wyoming’s economy is now doing better now than it was during the energy bust of 2015.
The report shows the state’s economy improving 2 percent month-over-month when compared to last year, and also shows improvements in the mining sector, as well as in tourism.
Despite the growth, state revenue remains down and officials continue to adjust to falling state revenue from fossil fuels.
Governor Mead, however, spoke optimistically at the economic conference last Wednesday in Cheyenne, saying the state has weathered an economic storm.
Mead cited the three major coal companies being out of bankruptcy and oil and gas drilling rebounding in the state as positive indicators that the state’s economy is moving in the right direction and that it will likely continue to improve.