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Inflation, looming recession impact Montana area economy but there’s room for optimism

January 23, 2023 /

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Bear Paw Development Corporation is a private non-profit organization created for the purpose of administering programs to help improve regional economic conditions in Hill, Blaine, Liberty, Chouteau and Phillips Counties and the Fort Belknap and Rocky Boy's Indian Reservations.
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Butte-Silver Bow and southwest Montana aren’t immune to the macro economic factors dogging the rest of the country, including the highest inflation in 40 years and a looming recession.

“The consensus is for a recession in 2023,” said John Kasperick, a longtime economist at NorthWestern Energy in Butte. “Where there is disagreement is in the severity.”

 


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Working to create a clean and balanced energy portfolio that will provide for a safe and reliable energy future. Learn more at http://www.NorthWesternEnergy.com/BrightFuture

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