News
As Inflation Soars, Economic Developers Should Promote the Cost-Savings of Moving to Wyoming
Jun 15 2022Inflation has been reported to range from 6.8 to 8.2% for 2022 - staggering rates of inflation that haven’t been seen since the 1980’s. Everything from the cost of gas to crackers and milk at the grocery store have been impacted.
According to the U.S. Bureau of Labor, at the sam...
Economic development strategic planning is a necessary process for economic developers seeking sustained growth for their communities. Identifying the unique needs of your community, the assets you have in place and what is necessary to support future growth is all part of that process. As is, pulling the data togethe...
How Fremont County Came to Have a ½ Cent Sales Tax to Fund Transportation & Economic Development
Feb 21 2022Residents of Fremont county don’t like taxes. In fact, the county prides itself on having low taxes as an advantage for the businesses and residents who call it home. What residents did need was reliable commercial air service. In order to maintain it, they had to come up with ...
In Wyoming, there are several tax programs available to fund economic development at the local level. These programs are cost-effective for property owners and residents, while still generating enough revenue to make a significant impact. In communities priding themselves on having low taxes, these solutions have been incredibly effective i...
Making talent attraction easier, and more effective, is top of mind for many Wyoming economic developers and the businesses they support. Talent attraction was a challenge before the pandemic, but has escalated everywhere. If you don’t have funds for a robust attraction campaign, creating workforce ambassadors is your best option...
Best Practices for Retaining Employees
Jan 3 2022The Great Resignation has negatively impacted businesses throughout Wyoming and the world. As CBS reported, in October 4.2 million Americans left their positions for other job opportunities.
Luke Pardue, Chief Economist of Gusto, told CBS “We serve 200,000 businesses across the country and can use their payroll data to track th...
How Communities Are Recruiting Workers
Dec 28 2021Wyoming economic developers are asking, “How do we recruit workers to our communities?” There is no single answer because what works in one community may not be the right tool in another. Below are programs that have been successful in other communities. We encourage you to explore and try anythin...