Index Reveals Catch-22 In Wyoming Economy

CHEYENNE, (AP) - State economic analysts say the cost of living in Wyoming didn't rise in the second quarter of 2009. Thanks to continued drops in the price of gasoline, as well as greatly reduced price increases for housing and food, the state's cost-of-living index was the same as it was in the second quarter of 2008.

Senior economist Justin Ballard says while residents haven't had to pay too much more for housing or consumer items, the stagnant prices are a sign that the state is finally feeling the nationwide recession. Last week's state report marks the first time since 1987 that Wyoming's annual cost-of-living index hasn't increased.

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