Kansas City Federal Reserve Bank - Run #3981
Reporting Date: 2026-10-07
Completed
Run Details
- State
- Completed
- Started At
- October 07, 2026 at 09:17 PM
- Completed At
- October 07, 2026 at 09:17 PM
- Duration
- less than a minute
- Headline
- Wyoming’s Economy: Local Realities, Open Spaces and the Kansas City Fed’s Outreach
Data Preview
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"url": "https://www.youtube.com/@KansasCityFed",
"title": "KansasCityFed",
"handle": "KansasCityFed",
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"Wyoming economy",
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"Interest rates",
"Commodities markets",
"Tourism",
"Mineral extraction",
"Advanced manufacturing",
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"summary": "The Federal Reserve Bank of Kansas City is conducting outreach in Wyoming to gain a deeper understanding of local economic realities. Business owners in Casper appreciate the direct engagement, highlighting how factors like interest rates, inflation, and commodity markets uniquely impact their state, which relies heavily on tourism and mineral extraction. This direct interaction helps the Fed gain invaluable insights beyond just data sets.",
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"name": "Wyoming",
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{
"name": "Nick Sly",
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"context": "VP & Denver Branch Executive, Federal Reserve Bank of Kansas City"
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"name": "Federal Reserve Bank of Kansas City",
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"context": "conducting outreach"
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"name": "Wyoming auto dealers",
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"context": "met with the Fed"
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{
"name": "Arin Emmert",
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"context": "CEO & Dealer Principal, Fremont Motor Companies"
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{
"name": "Mike Stepp",
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"context": "President & CEO, Donells Candies"
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"name": "Donells Candies",
"type": "organization",
"context": "local business visited"
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"name": "Tourism",
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"context": "economic driver in Wyoming"
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{
"name": "Minerals extraction",
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"name": "Commodities markets",
"type": "concept",
"context": "influencing local economic activity"
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{
"name": "Front Range of Colorado",
"type": "region",
"context": "contrasted with Wyoming's economy"
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{
"name": "Tech",
"type": "concept",
"context": "economic driver in Colorado"
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{
"name": "Advanced manufacturing",
"type": "concept",
"context": "economic driver in Colorado"
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"point": "The Federal Reserve Bank of Kansas City is in Casper, Wyoming, talking to local businesses providing various services, including candy sales, banking, and car sales.",
"timestamp": "00:03",
"importance": "high"
},
{
"point": "Local business owners appreciate the Federal Reserve coming to meet with them to understand how interest rates and broader economic factors affect them, beyond just looking at data.",
"timestamp": "00:14",
"importance": "high"
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{
"point": "Wyoming's economy is heavily based on tourism and minerals extraction.",
"timestamp": "00:45",
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{
"point": "Wyoming, being the least populous state, sometimes feels overlooked in national discussions.",
"timestamp": "00:51",
"importance": "low"
},
{
"point": "Direct interaction helps the Federal Reserve understand how inflation and cash shortages specifically affect local businesses.",
"timestamp": "00:55",
"importance": "high"
},
{
"point": "Visiting Wyoming is crucial to understanding how commodity markets drive local economic activity, unlike areas like the Front Range of Colorado where tech and advanced manufacturing are primary drivers.",
"timestamp": "01:08",
"importance": "high"
},
{
"point": "The voice and feelings from constituents and business owners provide invaluable insights that data sets and spreadsheets alone cannot capture.",
"timestamp": "01:30",
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"transcript": "We're here in Casper and we're having a chance to talk to a number of businesses that are providing services locally. Some of them selling candy, some of them providing local banking services, some of them selling cars. I was really excited to have the Fed come to meet with the Wyoming auto dealers, um, and to have that connection and that understanding. The typical person just says, 'Okay, it's interest rates and how does that affect me?' without looking at the big picture. Having the chance to hear Nick explain things and being able to put it into words that people understand and can connect with, I think is incredible. I think it's great you're coming up here because we're kind of on an island as Wyoming because we're so based on tourism and minerals extraction. And also because we're the least populous state in the nation, we kind of get left in the weeds sometimes. Do you really find out how we're operating and how inflation or cash shortages affect us? I think it's better if you actually come up and talk to us. Without coming to Wyoming, you're not probably going to get an understanding of how the commodities markets are moving local economic activity. If you were going to say be in an area like the Front Range of Colorado where tech and advanced manufacturing are really some principal drivers. And so being able to be here and be connected to local economic drivers helps us understand how they're shifting differently in different parts of the country. You can look at data set, you can look at spreadsheets and things like that, but the voice and the feelings of from the constituents and from the business owners is amazing. And so to be able to have that connection and and have you guys take the time as the Federal Reserve to come and meet with us and share the thoughts and help us better understand, I think it's I think it's invaluable.",
"description": "The Kansas City Fed's recent outreach visit explored Wyoming’s interconnected economy to help inform national policy.",
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"published_at": "2026-10-07T20:29:15Z",
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"reporting_date": "2026-10-07",
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Feed Information
Feed Type
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