1998 Industry Employment Projections for Wyoming

Data Produced by: Gregg Detweiler and Brett Judd

Industry projections or forecasts use historical data and mathematical models to produce estimates of how industry employment will change in the future. The "base" year is the one from which the projections begin. The "projected" year is the one which the estimates are made for, generally several years in the future. Here, the base year is 1994 and the projected year is 1998. The change between the base and projected year employment is also shown in the tables.

Historical employment data was obtained from the ES-202 (Covered Employment and Wages) for 1989 - 1994. Two mathematical models* were then applied to the data to produce estimates for 1995; since actual employment data were already available for 1995, this allowed the estimating process to be checked for accuracy ("validated"). Once validation was concluded, projections for 1998 were created.

These same methods were used to produce industry employment projections several years ago. Estimates were made for 1994 employment. The 1994 estimates proved to be very accurate, with two percent error or less for every industry.

Note: Annual Average Employment
1994 Base 1998 Projected Change
Agriculture, Forestry, & Fishing
--Agricultural Production--Livestock 1,389 1,405 15
--Agricultural Services 946 1,028 82
Mining
--Metal Mining 607 546 -60
--Coal Mining 4,578 4,639 61
--Oil & Gas Extraction 8,757 8,251 -506
--Nonmetallic Minerals, Except Fuels 3,808 3,906 98
Construction
--General Building Contractors 3,494 4,506 1,012
--Heavy Contractors, Except Building 3,765 3,977 212
--Special Trade Contractors 6,449 8,641 2,192
Note: Annual Average Employment
1994 Base 1998 Projected Change
Manufacturing
--Food & Kindred Products 1,079 1,062 -17
--Apparel & Other Textile Products 156 221 65
--Lumber & Wood Products 1,485 1,418 -67
--Furniture & Fixtures 37 26 -11
--Printing & Publishing 1,729 1,666 -63
--Chemicals & Allied Products 972 965 -8
--Petroleum & Coal Products 891 746 -146
--Rubber & Miscellaneous Plastics Products 291 235 -56
--Leather & Leather Products 89 120 32
--Stone, Clay, Glass & Concrete Products 723 681 -42
--Primary Metal Industries 298 221 -76
--Fabricated Metal Products 438 390 -48
--Industrial Machinery & Equipment 1,143 986 -157
--Electronic & Other Electric Equipment 162 324 163
--Transportation Equipment 253 253 0
--Instruments & Related Products 120 118 -2
--Miscellaneous Manufacturing Industries 138 159 21
Note: Annual Average Employment
1994 Base 1998 Projected Change
Transportation & Public Utilities (TPU)
--Railroad Transportation 2,473 2,473 0
--Local Interurban Passenger Transit 566 518 -48
--Trucking & Warehousing 4,200 4,201 0
--Transportation by Air 597 608 11
--Pipelines, Except Natural Gas 202 181 -20
--Transportation Services 389 417 28
--Communications 2,010 1,699 -312
--Electric, Gas, & Sanitary Services 3,549 3,331 -218
Wholesale Trade
--Wholesale Trade--Durable Goods 3,914 4,006 93
--Wholesale Trade--Nondurable Goods 3,270 3,292 22
Retail Trade
--Building Materials & Garden Supply 1,675 2,141 466
--General Merchandise Stores 5,114 5,036 -78
--Food Stores 5,255 5,245 -9
--Automotive Dealers & Service Stations 7,362 8,083 721
--Apparel & Accessory Stores 1,585 1,727 142
--Furniture & Home Furnishings Stores 1,246 1,541 295
--Eating & Drinking Places 16,297 19,404 3,107
--Miscellaneous Retail 4,436 4,975 538
Note: Annual Average Employment
1994 Base 1998 Projected Change
Finance, Insurance, & Real Estate (FIRE)
--Depository Institutions 3,104 2,732 -372
--Nondepository Credit Institutions 324 306 -18
--Security & Commodity Brokers 321 379 59
--Insurance Carriers 1,177 1,146 -30
--Insurance Agents, Brokers & Service 975 1,200 225
--Real Estate 1,651 1,940 289
--Holding & Other Investment Offices 292 330 38
Services
--Hotels & Other Lodging Places 8,585 9,759 1,174
--Personal Services 1,835 1,932 97
--Business Services 4,839 5,311 473
--Automotive Repair, Services & Parking 1,653 1,713 60
--Miscellaneous Repair Services 778 849 72
--Motion Pictures 778 952 174
--Amusement & Recreation Services 2,357 2,879 522
--Health Services 9,307 11,719 2,411
--Legal Services 1,153 1,292 139
--Educational Services 723 917 193
--Social Services 4,782 5,331 549
--Museums, Botanical & Zoological Gardens 246 375 129
--Membership Organizations 1,854 1,859 6
--Engineering & Management Services 2,956 4,485 1,530
--Private Households 516 722 206

* For more information about the models used, please contact Research & Planning at (307) 473-3807.


Table of Labor Market Employment Send Your Comments
Contents Information Resources on TRENDS