Economic Inducators

© Copyright 2004 by the Wyoming Department of Employment, Research & Planning
WYOMING LABOR FORCE TRENDS
Vol. 41 No. 5

Economic Indicators
by: David Bullard, Senior Economist

The number of building permits issued for single family homes increased by 48.6 percent from a year earlier.

	Mar	Feb	Mar	Percent Change
	2004	2004	2003	Month	Year
	______(p)_	______(r)_	_____(b)_	_____	_____
Wyoming Total Civilian Labor Force	275,011	274,060	273,716	0.3	0.5
Unemployed	10,943	12,608	13,922	-13.2	-21.4
Employed	264,068	261,452	259,794	1.0	1.6
Wyoming Unemployment Rate/Seas. Adj.	4.0%/3.4%	4.6%/3.5%	5.1%/4.5%	N/A	N/A
U.S. Unemployment Rate/Seas. Adj.	6.0%/5.7%	6.0%/5.6%	6.2%/5.8%	N/A	N/A
U.S. Multiple Jobholders	7,377,000	7,235,000	7,385,000	2.0	-0.1
As a percent of all workers	5.4%	5.3%	5.4%	N/A	N/A
U.S. Discouraged Workers	514,000	484,000	474,000	6.2	8.4
U.S. Part Time for Economic Reasons	4,868,000	4,764,000	4,784,000	2.2	1.8

Hours & Earnings for Production Workers
Wyoming Mining
Average Weekly Earnings	$987.75	$948.91	$970.54	4.1	1.8
Average Weekly Hours	43.9	42.4	43.6	3.5	0.7
U.S. Mining Hours & Earnings
Average Weekly Earnings	$831.49	$816.89	$788.54	1.8	5.4
Average Weekly Hours	44.8	44.3	44.4	1.1	0.9
Wyoming Manufacturing Hours & Earnings
Average Weekly Earnings	$599.26	$567.57	$696.96	5.6	-14.0
Average Weekly Hours	36.1	35.1	39.6	2.8	-8.8
U.S. Manufacturing Hours & Earnings
Average Weekly Earnings	$652.80	$652.80	$629.49	0.0	3.7
Average Weekly Hours	40.8	40.8	40.3	0.0	1.2

Wyoming Unemployment Insurance
Weeks Compensated	23,143	20,879	23,029	10.8	0.5
Benefits Paid	$5,434,029	$4,900,592	$5,376,589	10.9	1.1
Average Weekly Benefit Payment	$234.80	$234.71	$233.47	0.0	0.6
State Insured Covered Jobs	224,128	221,959	218,856	1.0	2.4
Insured Unemployment Rate	2.3%	2.5%	2.8%	N/A	N/A

Consumer Price Index (U) for All U.S. Urban Consumers
(1982 to 1984 = 100)
All Items	187.4	186.2	184.2	0.6	1.7
Food & Beverages	184.9	184.5	179.2	0.2	3.2
Housing	187.9	187.0	184.3	0.5	2.0
Apparel	123.5	118.6	123.6	4.1	-0.1
Transportation	160.5	158.8	161.0	1.1	-0.3
Medical Care	307.5	306.0	294.2	0.5	4.5
Recreation (Apr. 1997=100)	108.8	108.4	107.4	0.4	1.3
Education & Communication (Apr. 1997=100)	111.1	111.2	109.4	-0.1	1.6
Other Goods & Services	303.1	302.3	297.3	0.3	2.0

Producer Prices (1982 to 1984 = 100)
All Commodities	142.7	141.8	141.2	0.6	1.1

Wyoming Building Permits
(New Privately Owned Housing Units Authorized)
Total Units	255	140	164	82.1	55.5
Valuation	$34,321,000	$22,744,000	$22,080,000	50.9	55.4
Single Family Homes	208	135	140	54	48.6
Valuation	$31,275,000	$21,781,000	$20,752,000	43.6	50.7

Baker Hughes North American Rotary Rig Count for Wyoming	63	64	40	-1.6	57.5


(p) Preliminary. (r) Revised. (b) Benchmarked.