Wyoming is a state in the mountain region of the western United States. The mineral extraction industry, including oil and gas, is the main driver of the Wyoming economy, accounting for more than three-fifths of the state's revenues. [1] [2] Travel and tourism is the second-largest sector in the state, providing $3.3 billion to the state's economy, with $170 million in tax revenues in 2015, along with 32,000 jobs. [3] Primary tourism draws are natural, including Yellowstone National Park and Grand Teton National Park.
Wyoming is one a few states that does not levy a corporate income tax [4] and is often cited as a "pro-growth" state for its business tax climate. [5]
This list includes notable companies with primary headquarters located in the state. The industry and sector follow the Industry Classification Benchmark taxonomy. Organizations which have ceased operations are included and noted as defunct.
Name | Industry | Sector | Headquarters | Founded | Notes |
---|---|---|---|---|---|
Asthmatic Kitty | Consumer services | Broadcasting & entertainment | Lander | 1999 | Record label |
Aviat | Industrials | Aerospace | Afton | 1985 [6] | Sport and utility aircraft |
Bighorn Airways | Consumer services | Airlines | Sheridan | 1947 | Airline |
Call Aircraft Company | Consumer services | Airlines | Afton | 1939 | Airline |
Cloud Peak Energy | Basic materials | Coal | Gillette | 2009 | Coal mining |
Firehole Composites | Industrials | Business support services | Laramie | 2000 | CAD and consulting |
Freedom Arms | Consumer discretionary | Recreational products | Freedom | 1978 | Firearms |
Fremont Motors Corporation | Consumer services | Specialty retailers | Lander | 1938 | Auto retailer |
Gillette News-Record | Consumer services | Publishing | Gillette | 1904 | Daily newspaper |
Great Lakes Airlines | Consumer services | Airlines | Cheyenne | 1977 | Defunct 2018 |
Intermountain Manufacturing Company | Industrials | Aerospace | Afton | 1962 | Defunct 1966, merged into Aero Commander |
Lunavi | Technology | Internet | Cheyenne | 2007 | Managed hosting |
Mesa Natural Gas Solutions | Oil & gas | Oil equipment & services | Casper | 2014 | Natural gas equipment |
Rio Tinto Energy America | Basic materials | General mining | Gillette | 1993 | Part of Rio Tinto (Australia) |
Roberts Aircraft | Industrials | Aerospace | Cheyenne | 1939 | Aircraft leasing, operations |
Taco John's | Consumer services | Restaurants & bars | Cheyenne | 1969 | Mexican food chain |
Teton Gravity Research | Consumer services | Broadcasting & entertainment | Jackson Hole | 1996 | Sports media |
Tom Balding Bits & Spurs | Industrials | Industrial suppliers | Sheridan | 1984 | Metalworks, related to horse tack |
Weatherby | Consumer discretionary | Recreational products | Sheridan | 1945 | Firearms and ammunition |
The economy of the Bahamas is dependent upon tourism and offshore banking. The Bahamas is the richest country in the West Indies and is ranked 14th in North America for nominal GDP. It is a stable, developing nation in the Lucayan Archipelago, with a population of 391,232 (2016). Steady growth in tourism receipts and a boom in construction of new hotels, resorts, and residences had led to solid GDP growth for many years. The slowdown in the Economy of the United States and the September 11 attacks held back growth in these sectors from 2001 to 2003.
The economy of the British Virgin Islands is one of the most prosperous in the Caribbean. Although tiny in absolute terms, because of the very small population of the British Virgin Islands, in 2010 the Territory had the 19th highest GDP per capita in the world according to the CIA World factbook. In global terms the size of the Territory's GDP measured in terms of purchasing power is ranked as 215th out of a total of 229 countries. The economy of the Territory is based upon the "twin pillars" of financial services, which generates approximately 60% of government revenues, and tourism, which generates nearly all of the rest.
The economy of the Dominican Republic is the seventh largest in Latin America, and is the largest in the Caribbean and Central American region. The Dominican Republic is an upper-middle income developing country with important sectors including mining, tourism, manufacturing, energy, real estate, infrastructure, telecommunications and agriculture. The Dominican Republic is on track to achieve its goal of becoming a high-income country by 2030, and is expected to grow 79% in this decade. The country is the site of the single largest gold mine in Latin America, the Pueblo Viejo mine.Although the service sector is currently the leading employer of Dominicans, agriculture remains an important sector in terms of the domestic market and is in second place in terms of export earnings. Tourism accounts for more than $7.4 billion in annual earnings in 2019. Free-trade zone earnings and tourism are the fastest-growing export sectors. A leading growth engine in the Free-trade zone sector is the production of medical equipment for export having a value-added per employee of $20,000 USD, total revenue of $1.5 billion USD, and a growth rate of 7.7% in 2019. The medical instrument export sector represents one of the highest-value added sectors of the country's economy, a true growth engine for the country's emerging market. Remittances are an important sector of the economy, contributing $8.2 billion in 2020. Most of these funds are used to cover household expenses, such as housing, food, clothing, health care and education. Secondarily, remittances have financed businesses and productive activities. Thirdly, this combined effect has induced investment by the private sector and helps fund the public sector through its value-added tax. The combined import market including the free-trade-zones amounts to a market of $20 billion a year in 2019. The combined export sector had revenues totaling $11 billion in 2019. The consumer market is equivalent to $61 billion in 2019. An important indicator is the average commercial loan interest rate, which directs short-term investment and stimulates long-term investment in the economy. It is currently 8.30%, as of June 2021.
The economy of the United States Virgin Islands is primarily dependent upon tourism, trade, and other services, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment. Close to two million tourists per year visit the islands. The government is the single largest employer. The agriculture sector is small, with most food being imported. The manufacturing sector consists of rum distilling, electronics, pharmaceuticals, and watch assembly. Rum production is significant. Shipments during a six-month period of fiscal year 2016 totaled 8,136.6 million proof gallons.
Wyoming is a landlocked state in the Mountain West subregion of the Western United States. It borders Montana to the north and northwest, South Dakota and Nebraska to the east, Idaho to the west, Utah to the southwest, and Colorado to the south. With a population of 576,851 in 2020, Wyoming is the least populous state despite being the 10th largest by area, with the second-lowest population density after Alaska. The state capital and most populous city is Cheyenne, which had an estimated population of 63,957 in 2018.
Australia is a highly developed country with a mixed economy. As of 2023, Australia was the 14th-largest national economy by nominal GDP, the 19th-largest by PPP-adjusted GDP, and was the 21st-largest goods exporter and 24th-largest goods importer. Australia took the record for the longest run of uninterrupted GDP growth in the developed world with the March 2017 financial quarter. It was the 103rd quarter and the 26th year since the country had a technical recession. As of June 2021, the country's GDP was estimated at $1.98 trillion.
Lander is a city in Wyoming, United States, and the county seat of Fremont County. It is in central Wyoming, along the Middle Fork of the Popo Agie River, just south of the Wind River Indian Reservation. It is a tourism center with several nearby guest ranches. Its population was 7,546 at the 2020 census.
The economy of England is the largest economy of the four countries of the United Kingdom. England's economy is one of the largest and most dynamic in the world, with an average GDP per capita of £34,690 in 2021.
The economy of Scotland is an open mixed economy and the second largest economy of the four countries of the United Kingdom. It had an estimated nominal gross domestic product (GDP) of £211.7 billion in 2023, including oil and gas extraction in the country's continental shelf region. Since the Acts of Union 1707, Scotland's economy has been closely aligned with the economy of the rest of the United Kingdom (UK), and England has historically been its main trading partner. Scotland conducts the majority of its trade within the UK: in 2017, Scotland's exports totalled £81.4 billion, of which £48.9 billion (60%) was within the UK, £14.9 billion with the European Union (EU), and £17.6 billion with other parts of the world. Scotland’s imports meanwhile totalled £94.4 billion including intra-UK trade leaving Scotland with a trade deficit of £10.4 billion in 2017.
The economy of Kerala is the 9th largest in India, with an annual gross state product (GSP) of ₹9.78 lakh crore in 2020–2021. Per-capita GSP of Kerala during the same period is ₹257,711 (US$3,200), the sixth largest in India. In 2019–20, the tertiary sector contributed around 63% of the state's GSVA, compared to 28% by secondary sector, and 8% by primary sector.
In 2021, the economy of the State of Colorado was 16th largest in the United States with a gross state product of $421 billion.Colorado's per capita personal income in 2019 was $61,157, putting Colorado 12th in the nation.
Tamil Nadu has the second largest state economy in India. The state also hosts the highest number of factories in the country. The state is 48.40% urbanised, accounting for around 9.26% of the urban population in the country, while the state as a whole accounted for 5.96% of India's total population in the 2011 census. Services contributes to 54% to the gross domestic product of the state, followed by manufacturing at 33% and agriculture at 13%.
The economy of Minnesota produced US$312 billion of gross domestic product in 2014. Minnesota headquartered 31 publicly traded companies in the top 1,000 U.S. companies by revenue in 2011. This includes such large companies as Target and UnitedHealth Group. The per capita personal income in 2016 was $51,990, ranking sixteenth in the nation. The median household income in 2013 ranked eleventh in the nation at $60,900.
The economy of Utah is a diversified economy covering industries such as tourism, mining, agriculture, manufacturing, information technology, finance, and petroleum production. The majority of Utah's gross state product is produced along the Wasatch Front, containing the state capital Salt Lake City.
Wyoming has one of the highest wind power potentials of any state in the United States. In 2019, Wyoming had wind powered electricity generating capacity of 1,589 MW, which produced 9.85% of its electric generation, with an additional 3,753 MW under construction. However, the wind generation in that year was Wyoming's third-lowest in the 2010s. By 2020, wind capacity increased to 2738 MW and 8448 gigawatt-hours of electricity were produced from wind in 2021, more than double 2019 production. Additional wind capacity and needed transmission lines are under construction or planned, despite political headwinds from Wyoming's strong coal and oil sectors.
In a report compiled by the government of Alaska, the real GDP of Alaska was $51.1 billion in 2011, $52.9 billion in 2012 and $51.5 billion in 2013. The drop-off that occurred between 2012 and 2013 has been attributed to the decline in the mining sector, specifically the oil and gas sectors, a consequence of declined production. The state's economy has been described by University of Alaska Anchorage economist Scott Goldsmith as a "three-legged stool" - with one leg being the petroleum and gas industry, the second leg being the federal government and the third leg being all other industries and services. Between 2004 and 2006, the federal government was responsible for 135,000 Alaska jobs, the petroleum sector provided 110,000 jobs and all other industries and services combined for 122,000 jobs.
In 2019, North Carolina's total gross state product was around $591 billion.
The U.S. state of Tennessee contains a diverse economy that is made up of many sectors with a mix of industries including manufacturing, agriculture, healthcare, and tourism. The state is home to several major corporations, including FedEx, the largest courier company in the world, and AutoZone, the largest retailer of auto parts in the United States.
The northwestern U.S. state of Washington's economy grew 3.7% in 2016, nearly two and a half times the national rate. Average income per head in 2009 was $41,751, 12th among states of the U.S.
The COVID-19 pandemic was confirmed to have reached the U.S. state of Wyoming in March 2020. On April 13, 2020, Wyoming became the last state in the U.S. to report its first death from COVID-19.