Analytics Economy Wyoming

State Releases May 2025 Economic Report Highlighting Cheyenne’s Market Trends

State Releases May 2025 Economic Report Highlighting Cheyenne’s Market Trends
The Cheyenne Depot Plaza arch stands tall, surrounded by frost-dusted decorations and trees (Stew Dyer / Cap City News)
  • PublishedMay 30, 2025

The State of Wyoming’s Economic Analysis Division has released the May 2025 edition of the Cheyenne Economic Indicators report, which is now available on the division’s website at ai.wyo.gov/divisions/economic-analysis.

The report includes the Cheyenne Economic Health Index (ChEHI), a key tool designed to evaluate the current economic conditions in Laramie County.

According to the latest data, the ChEHI stood at 108.3 in March 2025, matching the index value from March 2024. Despite this stability, the index has shown a year-over-year decline in five of the last six months, indicating some fluctuations in the region’s economic momentum.

Unemployment in Laramie County was recorded at 3.7% in January 2025, a slight increase from 3.5% reported in March 2024. Still, job growth continued, with total non-farm payroll employment reaching 49,200 in March 2025 — up by 200 jobs, or 0.4%, from the previous year. This marks the highest recorded employment level in the county.

Sales and use tax collections for Laramie County also experienced a notable rise. In March 2025, the county collected $12.2 million from the 4% sales and use tax, an increase of $900,000, or 7.9%, compared to the same month in 2024.

The housing market showed modest growth as well. The average home value in Laramie County rose by 3.6% year-over-year in March 2025.

With input from Wyoming Tribune Eagle.

Joe Yans

Joe Yans is a 25-year-old journalist and interviewer based in Cheyenne, Wyoming. As a local news correspondent and an opinion section interviewer for Wyoming Star, Joe has covered a wide range of critical topics, including the Israel-Palestine war, the Russia-Ukraine conflict, the 2024 U.S. presidential election, and the 2025 LA wildfires. Beyond reporting, Joe has conducted in-depth interviews with prominent scholars from top US and international universities, bringing expert perspectives to complex global and domestic issues.