Monday, January 2, 2012

Wyoming Personal Income Flattens Out

Personal income in Wyoming failed to grow between the second and third quarters of 2011. The state Economic Analysis Division reports that personal income remained at $26.6 billion in the third quarter. That is below the 1.2% growth registered between the first and second quarters, but on par with growth rates in the region and U.S. overall. State senior economist Jim Robinson tells the Casper Star-Tribune that in terms of economic activity, Wyoming has reached a plateau. Robinson says the oil and gas sector of the mining industry has peaked in terms of activity for now.

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