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Wyoming’s economic recovery slowed by mining decline

Wyoming coal

 

Wyoming’s economy is rebounding from the COVID-19 pandemic better than previously anticipated, but much of the economic recovery has been slowed by a significant decline in the mining industry, according to Wyoming Economic Analysis Division Chief Economist Wenlin Liu.

The mining industry’s taxable sales dropped a total of 63.1% statewide, according to the fourth quarter Wyoming Economic Summary Report for 2020, which is one of the largest year-over-year drops in Wyoming’s history.

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