Montana Public Radio

Pew Charitable Trusts

Montana saw wage growth in 2019, but an economic slowdown is expected in coming years, according to University of Montana researchers. The Bureau of Business and Economic Research released its annual outlook Tuesday in Helena.

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.

Change in inflation-adjusted personal income for most recent year through Q3 2017.
Pew Charitable Trusts

Personal income growth in Montana grew faster last year than the national average. That’s according to an analysis released Thursday by the Pew Charitable Trusts.

Montana ranked sixth in the nation through the third quarter of 2017 for growth rate in personal income.