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The Industrial Structure of the Wyoming Economy


by Wyoming Liberty Group Staff In response to questions from a couple of blog readers, here is a short review of the industrial structure of the Wyoming economy. One reader wanted to know how much each industry contributes to our state's economy; the other asked what industries provide the biggest tax base. These two questions are about the same to...

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Weekly Economic Report: January Jobs by Industry


by Wyoming Liberty Group Staff >>Due to travel, the second part of the report on government revenue has been postpone one week.<< Private-sector employment in Wyoming is up by 5,000 in January 2019 over the same month a year earlier. This 2.4-percent increase is the largest since 2015. The construction industry led the state in jobs cre...

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When Trump’s Tax Cuts Run Out of Steam

by Wyoming Liberty Group Staff As I have noted on a couple of occasions now, 2019 is shaping up to be a great year to start reforming government spending here in Wyoming. Two sessions in a row, the legislature has rejected massive tax hikes and even refused to appoint a commission to overhaul our tax system. Time is ripe to talk about spending refo...

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How Can Wyoming Survive A Growing Federal Government?

by Wyoming Liberty Group Staff This year is a great time to discuss the future of Wyoming, especially in terms of what role government should play in our state's economy. On February 22 I proposed a list of topics for this conversation, ranging from comprehensive transparency and efficiency reforms to school choice and free-market reforms in health...

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Jobs in 2018: How Did Your County Do?


by Wyoming Liberty Group Staff The Bureau of Labor Statistics is slightly behind in releasing state and county level employment data. We will have state-level numbers for January on March 11 and the February numbers on March 22. We can also look forward to the county-level numbers for the third and fourth quarters of 2018. In the meantime, here is ...

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Weekly Economic Report: Personal Income and Its Components


by Wyoming Liberty Group Staff This Weekly Economic Review reports data from the Bureau of Economic Analysis on the composition of personal income in Wyoming. Main Point: Personal income in Wyoming is skewed toward equity-based and entitlement-based earnings. This should be taken into account when the legislature considers future changes to our sta...

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What Is the Legislature’s Fiscal Policy Strategy?


by Wyoming Liberty Group Staff The legislature is now past the deadline for moving bills out of their chamber of origin, and we can take inventory of the bills that proposed tax increases. The long story short is that our elected officials appear to have been listening to the opposition to tax hikes. The following bills that were written to raise y...

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Wyoming The Tax Hike State, Part 2

by Wyoming Liberty Group Staff TheWyomingProsperityProject.com Yesterday I gave an overview of what tax increases we can expect at the state level: tallying up the worst-case, but increasingly likely scenario, we are looking at half-a-billion dollars in higher taxes. This tax shock - which, I repeat, is no longer unrealistic but increasingly probab...

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Wyoming The Tax Hike State, Part 1

by Wyoming Liberty Group Staff TheWyomingProsperityProject.com Between the legislature, Governor Mead, the Wyoming Association of Municipalities and assorted local tax efforts, we as a state could easily be facing half a billion dollars in higher taxes. Half a billion dollars. This number represents a worst-case scenario, and until recently I thoug...

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Can We Please Try Limited Government Now?


by Wyoming Liberty Group Staff On Thursday April 28 the Bureau of Economic Analysis released its advance estimate of GDP growth for the first quarter of 2016: Real gross domestic product -- the value of the goods and services produced by the nation's economy less the value of the goods and services used up in production, adjusted for price changes ...

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