economy

Though the Biden Administration has not unveiled it's Infrastructure Plan yet (Biden is set to announce the plan on Wednesday) rumors abound on what it could include, and Senator Barrasso has already called the plan a 'Trojan Horse,' used to disguise what he believes Democrats actually want to spend money on.

What is the biggest issue facing our state in 2021?

We thought this might be a good time to ask about what you see as the biggest challenge facing Cheyenne in the months ahead and the next year or so.

“The truth is clear: this is not President Biden’s recovery,” Barrasso said. “President Biden inherited three vaccines. President Biden inherited 2 million tests a day for coronavirus. President Biden inherited falling coronavirus numbers. He also inherited a recovering economy.”

Wyoming's current state minimum wage is $5.15 per hour, but that amount is generally superseded by the current federal minimum wage of $7.25 per hour. Employees are entitled to the higher of the two wages.

According to a press release from the Governor's office, the Energy Rebound Program 'will utilize up to $15 million in CARES Act funding to provide business relief targeted towards drilled, but uncompleted oil and gas wells (DUCs), wells that were unable to be recompleted, and plugging and abandonment (P&A) projects which could not be finished due to the impacts of the COVID-19 pandemic.'

According to the Wyoming Economic Health Index (WEHI), Wyoming has an index value of 99.9, as of September 2020.

A global oil price war and the pandemic have caused petroleum operators to halt drilling plans, shut in wells and lay off workers in droves.

A new monthly survey of bankers shows the economy making some improvements but remaining weak in rural parts of 10 Plains and Western states.

Big technology stocks once again led way. At its depths, the S&P 500 had been down nearly 34% when worries about the recession were at their height.