Wyoming Economic Development – Forecasters call for diversification

There’s good news and bad news within Wyoming’s booming energy-based economy, said two economic forecasters who spoke at “Economic Outlook 2007,” sponsored by the Wyoming Business Alliance and the Wyoming Heritage Foundation.

Good economic news stays good as long as energy prices stay up for coal, oil and natural gas, said Professor Ernie Goss of Creighton University and Buck McVeigh, director of the Division of Economic Analysis for the State of Wyoming.

But there’s potentially bad news lurking in the good, they said, citing a work force shortage in the energy industry that handicaps any attempt to diversify the state’s economy for a post-energy-boom era.

By BRODIE FARQUHAR
Casper Star Tribune correspondent

Full Story: http://www.casperstartribune.net/articles/2007/04/14/news/casper/3515b8960d811414872572bc0082916d.txt