Greater Cheyenne Chamber of Commerce Business Journal Q1 2014 | Page 21

ECONOMIC INDICATORS 1 The Greater Cheyenne Area has grown significantly. Businesses moving to Cheyenne has helped with a continual growth in employment, particularly in the tech and industrial production industries. Businesses will continue to locate to Wyoming because of the positive business climate. 2 “Building Valuation- CommerValuation- Commercial” has significant changes significant changes between “2011 to 2013” (195.6%) “2011 to 2013” (195.6%) and between “2012 to 2013” “2012 to 2013” (-67.9%). The drop between The drop between 2012-2013 is near 6 million dolnear 6 million dollars and could have been caused could have been caused by a number of factors; number of factors; number of properties evaluated, considevaluated, considerations of county vs. city and county vs. city and more. 3 Retail Sales has been inRetail Sales has been increasing and this is a postive creasing and this is a postive trend to see. That means more trend to see. That means more people are shopping locally and/ people are shopping locally and/ or visitors are spending more. or visitors are spending more. Retail sales in the 3Q