The Greater Cheyenne Chamber of Commerce hosted an Economic Forecast presented by the DAPCPA on Friday, October 16th.
Representatives from organizations such as the U.S. Chamber of Commerce, Wyoming Business Council, and the University of Wyoming participated in the panel discussion. Panelists discussed the current economic climate and provided future economic projections. Comparisons were drawn from when the COVID-19 pandemic started to now.
Keynote speaker Curtis Dubay, Senior Economist at the U.S. Chamber of Commerce, was optimistic regarding economic recovery. He shared that continuing unemployment claims have slowly decreased since May 2020. He also mentioned that income had a small drop in March 2020 but responded with a record-setting growth rate in April.
Chief Strategy Officer of the Wyoming Business Council, Sarah Fitz-Gerald, shared that the Council delivered $301 million in relief efforts to businesses across the State. Laramie County received 31% of those funds.
“Even though this pandemic has been terrible and there has been some really dire outcomes because of it, there’s a lot of reasons to be optimistic still,” Fitz-Gerald said.
Click below to listen to the full report & view the U.S. Chamber of Commerce's slideshow.
The Economic Forecast event was the second event during the Greater Cheyenne Chamber of Commerce's Business Month. The last event, "The Big Picture Annual Awards Celebration" presented by Halladay Motors Auto Group will took place Friday, October 30th at 5:30 p.m. at Little America Hotel & Resort and Zoom video call.