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Montana Economy

Booming Bakken: Oil flurry spreads across Eastern Montana

Booming Bakken: Oil flurry spreads across Eastern Montana

EASTERN MONTANA — Like wagon trains of yesteryear, the traffic tells the tale of the Bakken oil boom.

December 16, 2012 1:15 am Photos

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Missoula sees bright spots in challenging year ahead

Missoula sees bright spots in challenging year ahead

MISSOULA — In 2013, Missoula County’s economy will be almost idle again, with small growth in long-depressed industries tempered by national question marks and consumers who remain wary of spending.

December 16, 2012 1:10 am Photos

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Missoula bookstores branch out in difficult market

Missoula bookstores branch out in difficult market

MISSOULA — With shelves full of books behind her, Fact and Fiction manager Barbara Theroux was busy dressing her bookstore’s front window with holiday cheer. Among the decorations featured prominently was a large poster encouraging passers-by to “shop indie.”

December 16, 2012 1:05 am Photos

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Flathead Valley growth driven by tourism, recreation

Flathead Valley growth driven by tourism, recreation

WHITEFISH — Even as much of rural America struggles with economic decline, the Flathead Valley is growing and vibrant, its pristine natural resources, open spaces and quality of life paying off in tangible economic benefits.

December 16, 2012 1:00 am Photos

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Community support helps Flathead ice cream shops thrive

Community support helps Flathead ice cream shops thrive

WHITEFISH — For Sam and Marissa Dauenhauer, owners of Sweet Peaks Homemade Ice Cream, the secret to sweet success has been as traditional as their ice cream flavors are avant-garde.

December 16, 2012 12:55 am Related Loading…
Economy beginning to pick up speed in Bitterroot Valley

Economy beginning to pick up speed in Bitterroot Valley

HAMILTON — The Bitterroot Valley’s economy looks to be on the upswing, but most aren’t expecting progress to come in leaps and bounds in 2013.

December 16, 2012 12:50 am Related Loading…
Economic development action boosts Stevensville businesses

Economic development action boosts Stevensville businesses

STEVENSVILLE — Sometimes the best economic development in places like Ravalli County happens when people come together to ensure that businesses already in place have a chance to prosper.

December 16, 2012 12:45 am Related Loading…
Construction a highlight in city’s consistent economy

Construction a highlight in city’s consistent economy

BILLINGS — As economic curtain-raisers go, the world’s fourth largest crane dangling barn-sized drums over Billings’ Conoco refinery in early 2012 was pretty eye-catching.

December 16, 2012 12:40 am Photos

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Steel manufacturer True North stays busy by branching out

Steel manufacturer True North stays busy by branching out

BILLINGS — This 58-year-old work horse of Billings’ industrial economy is no one-trick pony. If it were, said Alan Sherbo, vice president and general manager of TrueNorth Steel, it never would have survived this long.

December 16, 2012 12:35 am Photos

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High-tech, manufacturing businesses pulling Bozeman out of deep hole

High-tech, manufacturing businesses pulling Bozeman out of deep hole

BOZEMAN — Montana’s fastest growing economy, the one that begins with a B?

December 16, 2012 12:30 am Photos

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Manhattan factory taps into industry whose sales rarely slump

Manhattan factory taps into industry whose sales rarely slump

MANHATTAN — Anyone who thought a tactical-holster enterprise, launched by four dudes puttering in Tom Gregory’s garage, was going nowhere really missed the mark.

December 16, 2012 12:25 am Photos

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Job growth in Helena slow but steady; demand for qualified workers strong

Job growth in Helena slow but steady; demand for qualified workers strong

HELENA — Helena has weathered the recession better than much of the state because of the stability provided by government jobs, which make up about 30 percent of Lewis and Clark County’s workforce and as much as 70 percent of the county’s economic base, data shows.

December 16, 2012 12:20 am Photos

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Butte works to keep shoppers — and their money — in town

Butte works to keep shoppers — and their money — in town

BUTTE — It’s no secret that major cities in Montana see their residents drive elsewhere to shop because they believe there’s more variety for a better price down the road.

December 16, 2012 12:15 am Photos

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Finding a niche: Butte clothing store not afraid to change

Finding a niche: Butte clothing store not afraid to change

BUTTE — It took some time before Joe Moses fully embraced the change from selling sport coats and dress shirts to hoodies and flat-brimmed hats.

December 16, 2012 12:10 am Related Loading…
Canadian energy activity gives big help to ‘tepid’ Great Falls growth

Canadian energy activity gives big help to ‘tepid’ Great Falls growth

GREAT FALLS — The energy boom in the oil sands of northern Alberta could provide a jolt to the economy here as well.

December 16, 2012 12:10 am Related Loading…
Great Falls natives convert former industrial site — during recession

Great Falls natives convert former industrial site — during recession

GREAT FALLS — On the bank of the Missouri River, a unique development by two Great Falls natives is transforming a former industrial site into a modern complex that includes a hotel, brewery, coffee shop and pub — and it’s happened during the heart and aftermath of the “great recession.”

December 16, 2012 12:05 am Photos

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Helena’s thriving Great Northern Town Center continues to expand

Helena’s thriving Great Northern Town Center continues to expand

HELENA — Where others saw a vacant lot, one man saw the possibility of a thriving micro-community that would complement Helena’s historic downtown and strengthen the community.

December 16, 2012 12:05 am Related Loading…
Butte photo studio bends with change to continue success

Butte photo studio bends with change to continue success

BUTTE — Nothing regarding Tony DiFronzo’s business has been easy.

December 16, 2012 12:05 am Related Loading…
Butte seeing growth of high-tech industry

Butte seeing growth of high-tech industry

BUTTE — Butte has seen slow but steady expansion of its diversified high-tech industries in the past year, but that’s not a bad thing. Stable is good, said Jim Smitham, director of the Butte Local Development Corp.

December 16, 2012 12:00 am Related Loading…
Shining stars in the east: Montana’s 2012 economy expected to mirror slow growth of 2011, with a few bright spots

Shining stars in the east: Montana’s 2012 economy expected to mirror slow growth of 2011, with a few bright spots

Pat Barkey was right on the money last year when the Missoula economist predicted how the 2011 Montana economy would unfold.

December 18, 2011 10:15 am Photos

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Billings ahead of almost everywhere: Agriculture, retail, energy, health care driving economy

Billings ahead of almost everywhere: Agriculture, retail, energy, health care driving economy

BILLINGS - This medium-sized city on the mountainous edge of the eastern plain, with an economy better than most, has waited since the Great Recession began for the other shoe to drop. When it did this year, that shoe turned out to be a work boot.

December 18, 2011 10:00 amLoading…
Bringing in out-of-state money: High crop, cattle prices have farmers spending

Bringing in out-of-state money: High crop, cattle prices have farmers spending

LAUREL - His combine is turning 18 and his tractor is tuckered out, but as luck would have it, crop prices have rallied and John Wold is ready to shop.

December 18, 2011 9:45 amLoading…
Bakken oil fields creating energy: Boom in northeast Montana appears to have staying power

Bakken oil fields creating energy: Boom in northeast Montana appears to have staying power

SIDNEY - When logging fell off around Kalispell, Brenda and Vance Birkey, natives of western Montana, moved 550 miles away to Sidney to work in the Bakken field, perhaps the biggest oil find in modern U.S. history.

December 18, 2011 9:30 am Photos

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Missoula maintains: Slow growth due to depressed wood, building industries

Missoula maintains: Slow growth due to depressed wood, building industries

MISSOULA - Like a broken record, the economic outlook for Missoula in 2012 is a message residents have heard over and over for the past several years.

December 18, 2011 9:15 amLoading…
Hi-tech businesses the future: UM supplies pool of well-educated employees to Terraechos

Hi-tech businesses the future: UM supplies pool of well-educated employees to Terraechos

MISSOULA - If future growth in Missoula is tied to the success of small business, Alex Philp's two technology-based enterprises are a sign of good things to come.

December 18, 2011 9:00 amLoading…

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