"Labor Market Information (LMI) is an applied science; it is the systematic collection and analysis of data which describes and predicts the relationship between labor demand and supply." The States' Labor Market Information Review, ICESA, 1995, p. 7.
In second quarter 2024 (2024Q2), Wyoming had six growing industries and eight declining industries. It is worth noting that this marked the first time since 2021Q1 during the pandemic that Wyoming had more declining industries than growing.
The number of growing industries increased to six from four last quarter. Wyoming's six growing industries in 2024Q2 accounted for 7.4% of all industries and 6.7% of the state's total employment. Wyoming's six growing industries were heavy & civil engineering construction; construction of buildings; amusements, gambling, & recreation; administration of economic programs; electrical equipment & appliance manufacturing; and computer & electronic product manufacturing.
There were eight declining industries in 2024Q2, compared to four last quarter. Declining industries made up 9.9% of all industries and 1.9% of total employment. Declining industries included support activities for transportation; furniture, home furnishings, electronics, & appliance retailers; plastics & rubber products manufacturing; performing arts & spectator sports; and publishing industries.
The following are some of the specific locations on our website that may have useful information for you as you consider your employment options: