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As Hub, Yellowstone County Reaps Benefits of Oil, Mining

February 25, 2011 /

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For Yellowstone County, 2010 was a rebound year, and that growth is projected to continue at about the same rate into 2011. The county’s economy, as measured by non-farm labor income, grew by 1.5 percent, and it is expected to grow 1.8 percent in 2011.

The rate of economic growth is projected to increase faster in 2012, at a rate of 2.9 percent and on into 2013 and 2014 at much the same rate, hovering at about 3 percent.

"The future of the vital oil refineries appears more secure and employment and earnings has been increasing modestly," in Yellowstone County, reported Paul Polzin, retired director of the Bureau of Business and Economic Research, who was among the presenters at the Montana Economic Outlook Seminar in Billings in early February.

Written by Evelyn Pyburn

Full Story: http://www.bigskybusiness.com/index.php?option=com_content&view=article&id=1769:as-hub-yellowstone-county-reaps-benefits-of-oil-mining&catid=29:montanabusiness&Itemid=114

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