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Wyoming Labor Force Trends

April 2024 | Volume 61, No. 4


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Growing and Declining Industries in Wyoming, 2023Q3

by: Laura Yetter, Senior Economist

Article | Tables and Figures


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 2023 (2023Q3), which is available at https://doe.state.wy.us/LMI/G_DInd/Report_23Q3.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 2022Q2 to 2023Q2 and subsequently from 2022Q3 to 2023Q3 were included in the respective tables in this article. 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.

Wyoming had 11 growing industries in 2023Q3 (see Table 1), which accounted for 13.6% of all industries and 9.0% of the state's total employment (see Table 2). The greatest job growth was seen in heavy & civil engineering construction, which added 1,045 jobs in 2023Q3 (a 19.3% increase), and 371 jobs in 2023Q2 (a 7.2% increase), with average job growth of 708, or 13.3%. Other examples of growing industries included administrative & support services, support activities for transportation, and membership associations & organizations.

There were six declining industries in 2023Q3, accounting for 7.4% of all industries and 1.3% of the state's total employment. Examples of declining industries included petroleum & coal products manufacturing; furniture, home furnishings, electronics, & appliance retailers; and waste management & remediation services (see Table 3).