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Wyoming Labor Force Trends

April 2025 | Volume 62, No. 4


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Growing and Declining Industries in Wyoming, 2024Q3

Article | Tables

by: Laura Yetter, Senior Economist

The Research & Planning (R&P) section of the Wyoming Department of Workforce Services publishes quarterly reports on growing and declining industries in Wyoming online at https://doe.state.wy.us/LMI/G_DInd/G_D_Industries.htm.

This article provides excerpts and selected data from the full report for third quarter 2024 (2024Q3), which is available at https://doe.state.wy.us/LMI/G_DInd/Report_24Q3.pdf.

A growing or declining industry is defined as an industry’s employment level increasing or decreasing for two quarters by 5% or more over the year based on data from the Quarterly Census of Employment and Wages. For example, all industries that grew or declined in employment by at least 5% from 2023Q2 to 2024Q2 and subsequently from 2023Q3 to 2024Q3 were included in the respective tables in this report. Only subsectors with employment of 100 or more are included in the growing and declining industries for Wyoming.

Industries are defined by the North American Industry Classification System (NAICS). For this research, growing and declining industries are determined at the three-digit subsector level.

As shown in Table 1, Wyoming had seven growing industries in 2024Q3, accounting for 4.9% of all industries and 3.9% of the state's total employment. Heavy & civil engineering construction showed the greatest growth of the seven growing industries, increasing by an average of 927 jobs, or 15.5%. Other growing industries included amusements, gambling, & recreation (398, or 11.0%); administration of economic programs (183, or 5.9%), and electrical equipment & appliance manufacturing (140, or 31.8%).

Table 2 shows five of the 10 declining industries in 2024Q3; the full list is available online. The 10 declining industries made up 12.3% of all industries and 4.4% of total employment.

The greatest declines were seen in support activities for mining (-416, or -5.9%), support activities for transportation (-227, or -11.0%), telecommunications (-95, or -6.2%), and wood product manufacturing (-63, or -12.1%).