University of Montana Bureau of Business and Economic Research

An economic downturn of greater magnitude than that seen in 2008 recession could be felt in Montana in the wake of the novel coronavirus pandemic. That’s according to a preliminary analysis from the Bureau of Business and Economic Research at the University of Montana.

The report released Tuesday forecasts the Montana economy in 2020 could see employment drop 7.3 percent, a loss of more than 50,000 jobs.

Imagine pulling out a new board game's instructions and discovering that the normally skinny pamphlet runs thousands of pages and spells out the rules of the game from soup to nuts. That's what an international trade agreement looks like: it's comprehensive, it's years in the making, and millions of people's livelihoods depend on it.

Researchers say government activity in Lewis and Clark County continues to insulate the area from major economic swings. But an outlook released Tuesday by University of Montana analysts shows wage growth in the area lags behind the state as a whole.

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 leads the country in entrepreneurship, according to a new study by the University of Montana’s Bureau of Business and Economic Research. 

A new study funded in part by the coal industry says shutting down of Colstrip’s two newer, larger coal-fired electricity generators in the next decade could have a huge impact statewide.

Colstrip’s two older units, 1 and 2, will shut down no later than July 2022 because of a Clean Air Act lawsuit settlement. But the future of the newer units, 3 and 4, remains uncertain.

Mining industry advocates went on the offensive Wednesday against a proposed ballot initiative they say would effectively ban future mining in the state.

The opposition group to ballot initiative 186 announced its launch a day after the Montana Supreme Court ruled against the mining industry’s request to void the initiative.