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The largest source of revenue for State general operations is sales and use tax.
Wyoming's economy is heavily tied to mining and agriculture (primarily the marketing of beef cattle and sheep). The state also has an important and growing tourist industry, serving millions of visitors to the state's parks and historic sites.
Pathways to Prosperity is a foundational shift in HOW we do economic development in Wyoming. It is action-oriented and utilizes data to identify and break down barriers to economic growth. We are focused on identifying policies or systematic limiting factors that are constraining state and local economies.
The top three sectors by total employment are Mining, Real Estate and Rental and Leasing, Manufacturing, while the unemployment rate across the state in 2022 was 3.6%.
Economy of Wyoming. Wyoming's economy is heavily tied to mining and agriculture (primarily the marketing of beef cattle and sheep).
Today Wyoming's economy is largely based on tourism and the extraction of minerals such as coal, natural gas, oil, and trona. Agricultural commodities include barley, hay, livestock, sugar beets, wheat, and wool.
In the 1st quarter of 2023, the real GDP for Wyoming was $47.9 billion in goods and services per year. In the 1st quarter of 2023, the real GDP for Wyoming was $47.9 billion in goods and services per year. Source: Bureau of Economic Analysis.