Economic Indicators

Economic Indicators
by: Margaret Hiatt, Administrative/Survey Support Specialist

For the first time in many months, the Baker Hughes rig count for Wyoming fell below its year-ago level (down 9.0% from June 2004).

	Jun	May	Jun	Percent Change
	2005	2005	2004	Month	Year
	______(p)_	______(r)_	_____(b)_	_____	_____
Wyoming Total Civilian Labor Force	291,706	283,487	286,485	2.9	1.8
Unemployed	10,250	10,963	10,736	-6.5	-4.5
Employed	281,456	272,524	275,479	3.3	2.2
Wyoming Unemployment Rate/Seas. Adj.	3.5%/3.7%	3.9%/4.1%	3.7%/4.0%	N/A	N/A
U.S. Unemployment Rate/Seas. Adj.	5.2%/5.0%	4.9%/5.1%	5.8%/5.6%	N/A	N/A
U.S. Multiple Jobholders	7,667,000	7,348,000	7,361,000	4.3	4.2
As a percent of all workers	5.4%	5.2%	5.3%	N/A	N/A
U.S. Discouraged Workers	476,000	392,000	478,000	21.4	-0.4
U.S. Part Time for Economic Reasons	4,600,000	4,171,000	4,623,000	10.3	-0.5

Hours & Earnings for Production Workers
Wyoming Mining
Average Weekly Earnings	$1,015.48	$1,046.98	$997.67	-3.0	1.8
Average Weekly Hours	46.2	45.6	43.7	1.3	5.7
U.S. Mining Hours & Earnings
Average Weekly Earnings	$878.85	$883.58	$836.72	-0.5	5.0
Average Weekly Hours	46.5	46.8	45.4	-0.6	2.4
Wyoming Manufacturing Hours & Earnings
Average Weekly Earnings	$700.76	$691.97	$677.37	1.3	3.5
Average Weekly Hours	41.1	40.8	40.2	0.7	2.2
U.S. Manufacturing Hours & Earnings
Average Weekly Earnings	$669.06	$666.60	$659.28	0.4	1.5
Average Weekly Hours	40.5	40.4	41.0	0.2	-1.2

Wyoming Unemployment Insurance
Weeks Compensated	10,257	10,769	12,381	-4.8	-17.2
Benefits Paid	$2,405,156	$2,537,804	$2,970,683	-5.2	-19.0
Average Weekly Benefit Payment	$234.49	$235.66	$239.94	-0.5	-2.3
State Insured Covered Jobs	248,132	239,711	245,897	3.5	0.9
Insured Unemployment Rate	1.1%	1.3%	1.4%	N/A	N/A

Consumer Price Index (U) for All U.S. Urban Consumers
(1982 to 1984 = 100)
All Items	194.5	194.4	189.7	0.1	2.5
Food & Beverages	190.9	191.1	186.8	-0.1	2.2
Housing	195.5	194.5	190.3	0.5	2.7
Apparel	118.3	122.4	120.1	-3.3	-1.5
Transportation	171.8	172.1	165.7	-0.2	3.7
Medical Care	322.9	322.2	310.0	0.2	4.2
Recreation (Apr. 1997=100)	109.1	109.5	108.9	-0.4	0.2
Education & Communication (Apr. 1997=100)	112.8	112.7	110.8	0.1	1.8
Other Goods & Services	312.5	312.5	304.1	0.0	2.8

Producer Prices (1982 to 1984 = 100) -
All Commodities	154.1	154.4	147.2	-0.2	4.7

Wyoming Building Permits (New Privately Owned Housing Units Authorized)
Total Units	305	316	282	-3.5	8.2
Valuation	$51,103,000	$60,227,000	$40,301,000	-15.1	26.8
Single Family Homes	261	287	231	-9.1	13.0
Valuation	$47,958,000	$57,890,000	$36,899,000	-17.2	30.0

Baker Hughes North American Rotary Rig Count for Wyoming	71	70	78	1.4	-9.0


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