Strong 6-month Outlook for State Economy
Casper, WY – CASPER, Wyo. (AP) - A regional business index predicts that Wyoming should continue to have strong economic growth over the first half of the year.
Wyoming improved from 81-point-5 in December to 83-point-3 in January on the index compiled by Ernie Goss, an economics professor at Creighton University.
Any score above 50 indicates economic growth. The three states in the Mountain States index averaged
71-point-9 in January. But both Colorado and Utah scored considerably lower on the index than Wyoming. Goss says while the short-term forecast is for solid growth,
higher oil prices and interest rates may slow economic growth by the second half of this year.