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Economic Analysis releases quarterly report on state economy

A dragline works to expose coal at a Powder River Basin coal mine in July 2024. (Dustin Bleizeffer/WyoFile, courtesy EcoFlight)

CHEYENNE (WNE) — Coal and oil production and the number of jobs in Wyoming have increased slightly in the last quarter, while tax collections have decreased. 

This is according to the MACRO Report, a quarterly publication that focuses on employment, energy, state revenues and other indicators providing an overview of Wyoming’s economy.

Highlights from this quarter’s issue include the following:

  • Year-over-year total jobs in the state were up 0.9% (+2,600 jobs) in the month of August 2025.
  • West Texas Intermediate oil prices in September 2025 averaged $63.96/barrel, 8.9% less than September 2024. Henry Hub natural gas prices averaged $2.97/MMBtu in September 2025, up $0.69 year-over-year.
  • Coal (+8.6%) and oil (+0.7%) production have both increased calendar year-to-date through July 2025, compared to the same period in 2024, while natural gas (-2.9%) withdrawals have declined.
  • Wyoming’s 2025 second-quarter real gross domestic product increased by 5.3% at an annualized rate from the previous quarter. This was higher than the Rocky Mountain region (+3.5%) and the United States (+3.8%).
  • Statewide sales and use tax collections (cash based) through the first three months of fiscal year 2026 (July 2025–September 2025) are 2.3% lower than the same period in fiscal year 2025.
  • Statewide severance tax collections (cash based) through the first three months of fiscal year 2026 (July 2025–September 2025) are 4.4% lower than the same period in fiscal year 2025.

The September 2025 issue of the Wyoming MACRO Report is available at the state of Wyoming’s Economic Analysis Division website, ai.wyo.gov/divisions/economic-analysis.

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