Economic Trends
LEDC maintains an extensive set of Economic Indicators covering the City of Laramie and Albany County. This report is prepared twice each year by the Wyoming Center for Business and Economic Analysis. In March, an Annual Trends Edition is published that includes more past data and additional analysis. A third quarter edition is published in late September.
NETS Database by Walls & Associates
The NETS Database is constructed from 20 "snapshots" taken every January since 1990 of all active Dun and Bradstreet establishments (currently over 24 million). That data is then put through rigorous quality control, statistical analysis, and additional estimation procedures to create the resulting time-series in the NETS Database. These snapshots use the Duns Marketing Information (DMI) file to determine which establishments were active.
Albany County, Wyoming information
High Plains Economic Development District
The High Plains Economic Development District (HPEDD) is comprised of the four counties in south-east Wyoming, namely Albany, Goshen, Laramie, and Platte Counties. Originally the district was formed in 1999 as the Eastern Wyoming Economic Development District and consisted of Platte and Goshen Counties. In 2002 Albany and Laramie Counties indicated an interest in joining Platte and Goshen in the district, so resolutions were passed and the district was expanded to four counties and renamed the High Plains Economic Development District. As part of the requirement of being a fully funded economic development district, the Economic Development Administration, under the Department of Commerce, requires that at Comprehensive Economic Development Strategy (CEDS) be submitted every five years, with annual updates for the years in between.
It is important that the region work together on an economic strategy because businesses, workers, shoppers and tourists all think regionally, so therefore these issues must be addressed in such a way that it addresses the regional reality. It is important that we have a unified voice when we communicate with our local, state, and federal governments. Most importantly, we need to cooperate regionally because we are now in a new economy that is knowledge-based and global. In this "New Economy" communities that work together will grow together while communities that only focus on their own back yards will be isolated and therefore stagnate. Likewise, divided regions will be politically weak and ineffective.
2010 CEDS Report
For Albany, Goshen, Laramie, and Platte Counties