"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.
by: Laura Yetter, Senior Economist
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 first quarter 2025 (2025Q1), which is available at https://doe.state.wy.us/LMI/G_DInd/Report_25Q1.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 2023Q4 to 2024Q4 and subsequently from 2024Q1 to 2025Q1 were included in the respective tables in this report. 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.
In first quarter 2025Q1, Wyoming had eight growing industries and seven declining industries. This marked the first time since 2024Q1 that Wyoming had more growing industries than declining.
Wyoming's eight growing industries in 2025Q1 accounted for 9.9% of all industries and 7.2% of the state's total employment. Growing industries included specialty trade contractors; amusements, gambling, & recreation; warehousing & storage; and electrical equipment & appliance manufacturing (see Table 1).
Wyoming had seven declining industries in 2025Q1, which made up 8.6% of all industries and 0.9% of total employment. Declining industries included machinery manufacturing, crop production, and plastics & rubber products manufacturing.
The following are some of the specific locations on our website that may have useful information for you as you consider your employment options: