Economy | Big Horn Radio Network | Wyoming

Economy

By CHRISTOPHER RUGABER AP Economics Writer JACKSON HOLE, Wyoming (AP) — Federal Reserve Chair Jerome Powell delivered a stark message Friday: The Fed will likely impose more large interest rate hikes in coming months and is resolutely focused on taming the highest inflation in four decades. Powell acknowledged that the Fed’s continued tightening of credit…

Unemployment in Wyoming continues to slowly but steadily decline as all the state’s counties rebound from the lowest point reached at the height of COVID-19 in Summer 2021. The Research & Planning section of the Wyoming Department of Workforce Services released the state’s seasonally adjusted unemployment rate for July 2022. Once again, counties across the…

Despite the hostility toward “going green,” Wyoming is one of the most economical states to top off an electric vehicle. – but low on the list of the best states to own one. Zutobi, a website that offers driver’s education courses, researched the price of fully charging a Tesla Model 3 – currently the most…

Once again, the Wyoming Department of Workforce Services reports the state’s seasonally adjusted unemployment rate continues to decline after the pandemic peak. On Monday, July 25, the Wyoming Department of Workforce Service released the unemployment numbers for June 2022. Wyoming’s unemployment rate peaked at 8.6% in May 2020 and has been gradually falling since then.…

Bighorn Basin business owners are encouraged to fill out a ten-question survey to help analyze the economic impact of the flooding in Yellowstone National Park. Last month’s flooding in Yellowstone National Park interrupted summer tourism in an unprecedented way. The entire park was closed for over a week after roads were compromised, if not destroyed,…

The Cody Country Chamber of Commerce is offering training for local teenagers to get them ready for another summer of high demand for seasonal workers. Summer 2021 was a double-edged sword in Cody. What was possibly the busiest summer in recent memory was sullied by businesses struggling to stay open due to a lack of…

While Wyoming remains one of the nation’s top energy producers, a new study shows it is one of the least energy-efficient states with the lowest national GDP. Energy continues to be at the forefront of the United State’s economy and political discourse. However, the economies of the nation and the 50 states have changed over…

Tourism continues to be an economic powerhouse in Wyoming, as the numbers from 2021 show the state’s appeal and revenues are growing despite the pandemic. The Wyoming Office of Tourism released its yearly Economic Impact of Travel report for 2021. This preliminary report analyzes the financial impact of tourism and how much was spent in…

The annual Cody Fire School has been canceled due to “scheduling conflicts,” the second time in five years Cody has gone without the important off-season event. Since 1974, Cody has held a consistently – high-caliber fire school during the first weekend in May. Tradition and the high quality of classes, instructors, and facilities of the…

The visitation numbers in Yellowstone National Park make it the busiest year in the park’s 150-year history – but these numbers don’t tell the whole story. Yellowstone officials released the overall visitation numbers for 2021 on Friday, Jan. 21. It’s the final tally for a year of record-breaking months and nearly – but not quite…


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