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Economic update: Montana likely poised for slower growth in ’24

Montana is likely facing a period of slower growth in 2024 after a hot few years of economic activity, according to Patrick Barkey, the director of the Bureau of Business and Economic Research at the University of Montana.

“The fear of recession has really receded,” he told a crowd in Bozeman on Wednesday. “What we face is slow growth. There’s no drama there. What we’ve been though since 2020 has been nothing but drama, down then up. But slow growth is coming.”

 

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