Where Wyoming ranks in sales tax compared to 2016, and what it means
Casper, WY. – The job losses and a population drop of 6,500 people were definitely tough on the state of Wyoming in recent years, but economists say that the states economy is showing evidence of slow stabilization over the period of the last two years.
Sales tax revenue has increased in the state since November of 2016, raising a record 72 percent, and unemployment rates have remained steady.
Other factors in the fossil fuel sector showed improvement or remained stable, with oil, gas, and coal-mining employment stabilizing, which also contributed to the improved economic outlook.