Montana’s growing economy is slowing this year, largely because of federal cutbacks, softening commodity prices and low wages, a University of Montana economist said Tuesday in Billings.
The Great Falls area should see an economic boost in 2014, the president of the Great Falls Development Authority said.
BUTTE — Compared to the recent rapid growth in Bozeman and Missoula, Butte maintains an even, manageable economy, which local economists say is more desirable for the city’s economic stability.
After years of discount rates on Canadian crude, Billings refineries may see a price change in the tide of oil as the supply bottleneck eases.
Unless U.S. politicians or international conflicts derail the game plan, Montana should repeat last year’s relatively good economic performance with another 3.5 percent rise in nonfarm income.
Montana is doing better economically than the United States as a whole and Yellowstone and Gallatin counties have the best growth prospects of all 56 Montana counties.
Montana got a “D” on a new state-by-state manufacturing report card and garnered an “F” in the “productivity-innovation” and “global reach” categories.
Oil may have been king at this Montana Energy 2012 conference, but Patrick Barkey, director of the Bureau of Business and Economic Research at the University of Montana in Missoula, focused on the state's coal future.
Sluggish consumer spending and higher inflation sapped the economic recovery last year, and economists are predicting only modest growth in Yellowstone County for 2012, despite a bright outlook for energy development and agriculture.
Commodity prices are helping the economies of Yellowstone County and Montana, but the recovery in home construction is nowhere in sight.
Montana State University economics professor Wendy Stock, left, and Paul Polzin, professor emeritus of the Bureau of Business and Economic Research at the University of Montana, field questions from the audience Tuesday. They were part of an economic panel discussing the recession and the f…
The global recession took its toll on Montana’s economy in 2009, leaving no industry or county unaffected.