Wyoming’s Economic Signals Mixed
A look at the economic indicators for Wyoming through February shows some some good news and some not so good news. Jim Robinson, senior economist with the state’s Economic Analysis Division says on the negative side, natural gas prices are hovering around $2.00 per MCF. Robinson says Powder River Coal shipments are below last years pace and coal prices are weakening. He says warm weather and low natural gas prices are the culprit.
Robinson says on the positive side, unemployment rates for most counties in Wyoming are better than they were a year ago and high crude oil prices mean drilling is continuing in the state.