Growing and Declining Industries Report

First Quarter 2024

Wyoming had four growing industries in 2024Q1, down from five growing industries last quarter. Wyoming’s four growing industries in 2024Q1 accounted for 4.9% of all industries and 3.9% of the state’s total employment. Growing industries included heavy & civil engineering construction, administration of economic programs, membership associations & organizations, and electrical equipment & appliance manufacturing.

There were also four declining industries in 2024Q1, one less than last quarter. Declining industries made up 4.9% of all industries and 0.7% of total employment. The greatest decline was seen in furniture, home furnishings, electronics, & appliance retailers.

The growing and declining industries report for first quarter 2024 is available at https://doe.state.wy.us/LMI/G_DInd/Report_24Q1.pdf.

Past reports can be found at https://doe.state.wy.us/LMI/G_DInd/G_D_Industries.htm.