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Montana seeing a recession like no other, UM economist says

February 2, 2021 /

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In spite of significant job losses during the pandemic, Montanans’ personal income may have improved in 2020, largely because of a major cash infusion from the federal government, an economist said Monday.

More than $8 billion in federal funds flowed into Montana through business grants, farm subsidies, juiced unemployment payments, or other means. That funding, coupled with some parts of the economy actually doing better in 2020, has analysts seeing the year differently than they did at the recession’s start.

  • TOM LUTEY


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