MTPR

economy

Northern Cheyenne tribal leadership and partners are striving to find solutions to unemployment from within the community.

Housing costs in Montana relative to the U.S. and other Western states.
BBER analysis of 2016 American Community Survey (1-year). / http://www.bber.umt.edu/pubs/seminars/2018/EconRpt2018.pdf

Housing prices in Montana continue to rise, but how affordable housing looks depends a lot on where you stand. Economists from the University of Montana are focusing on affordable housing in their annual series of economic outlook seminars. The first was in Helena Tuesday, nine more are scheduled across the state between now and mid-March.

Montana's outdoor recreation activities.
Outdoor Recreation And Montana's Economy report, Headwaters Economics.

A growing set of business owners, non-profits and agencies in Montana are trying to expand what we think of when we talk about the economic value of the outdoors here.

Marne Hayes is the executive director for Business for Montana’s Outdoors, a group that advocates for preserving Montana’s outdoor heritage. She says Montana itself — its rivers, forests and wide open spaces — offers a competitive advantage for attracting new businesses and a talented workforce to Montana.

Montana ranks 9th in the U.S. in terms of state personal income growth according to the latest comparison from the Pew Charitable Trusts.
Pew Charitable Trusts

A decade out from the Great Recession, personal incomes and wages are growing in Montana faster than most other places in the United States.

“It’s one of the top ten states with the strongest growth in total personal income, both over the ten years since the start of the Great Recession and over the past year,” says Barb Rosewicz, a project director with The Pew Charitable Trusts State Fiscal Health research team.

Governor Bullock releases the 2018 Labor Day report, September 4, 2018 in Helena. The report says Montana wages continue to grow but the state faces a looming worker shortage as Baby Boomers retire.
Corin Cates-Carney

Governor Steve Bullock says wages and personal income are growing in Montana. But a worker shortage is adding pressure to the state’s labor force.

The Bullock administration’s yearly report card on the state economy highlights Montana as having the 4th fastest wage growth among states in the last decade, along with real GDP growth over that time that outpaced the nation.

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