University of Montana Economist Says Another Fiscal Cliff Is Looming [AUDIO]
Montana's economy improved significantly in 2012, and 2013's forecast is hopeful as well, except for another fiscal cliff that looms in the near future.
Montana's economy improved significantly in 2012, and 2013's forecast is hopeful as well, except for another fiscal cliff that looms in the near future.
A new study by the University of Montana Institute for Tourism and Economic Research shows that non-resident travel supported jobs in every business sector in Montana.
Now that the end of the year is approaching, gas prices in Montana continue to fall.
Montana's gas prices jumped off their own fiscal cliff this week, dropping another 7.3 cents per gallon to an average price of $3.33 per gallon.
Every year, economists predict how much the gifts mentioned in the song '12 Days of Christmas' will cost in today's economy. In 2012, the estimate is over $107,000.
This news release provided by Missoula Economic Partnership
ALCOM to Open Manufacturing Facility in Bonner
Fast-growing trailer maker expects to hire 60 workers, grow to 200 in two years.
BONNER, MONT. — One of America’s fastest-growing and most respected brands of aluminum trailers will soon be made in Missoula County. On Wednesday, November 14, Maine-based ALCOM LLC announced it signed a lease to establish a new, 70,000-square-foot manufacturing facility in Bonner.
Montana’s 33 craft brewers represent a growing sector of manufacturing activity in the state, according to a new survey and economic impact study by researchers Colin Sorenson and Todd Morgan of The University of Montana Bureau of Business and Economic Research.
Before I moved to Missoula, I lived in Kalispell and had made many good friends over the course of years that I stayed there. Back in 2004, money never really seemed to be too much of an issue. But then again, that was before the entire global market came to a screeching halt. Since then, the lack of jobs and income has washed up large cities like Detroit and even as close as Spokane. We thought that perhaps Montana could be able to sustain itself with the tighter knit communities and small town prices. We were wrong.
A new set of unemployment numbers have hit the presses, and it looks like Montana is on a stronger footing this month. The state's unemployment rate dropped 0.2 points to 6.2 % while the national rate dipped 0.3% to 7.8%.
Gas prices at the pump in Montana went up one cent over the past week, which is more movement than the price has seen in over a month.
Montana's minimum wage is adjusted from year to year based on increases in the cost-of-living. In January of 2013, the minimum wage will jump up $.15 from $7.65 to $7.80 because the cost of consumer goods went up over the last year (measured from August 2011 to August 2012)
Traditionally, the cooler months of the year bring a downward slide in gas prices.
Not so this year, however, as September closed with prices flat-lined for nearly three weeks in a row. The average gas price in Montana is still stuck at $3