5 Economic Events That Will Influence Montana’s Economy in 2020
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2019 was a year of continued respectable growth for the Montana economy overall, but behind that big story were a number of significant individual stories that have had important impacts in many communities.
- Per Capita Income. After bottoming out in 48th place among states ranked by per capita income in the year 2000, Montana has quietly improved its standing relative to other states.
- Personal Income. Gallatin County (Bozeman) is now the second largest county in the state by this measure, ahead of Missoula. Yellowstone County (Billings) remains in the #1 spot.
- Housing. The median home value in Bozeman pushed up to $440,200, according to real estate web portal Zillow.com.
- Spring Peak Mine. The owner of the state’s largest coal mine filed for bankruptcy in May, and subsequently sold its Spring Creek mine to Navajo Transitional Energy Company in the fall. After some turbulence relating to the legal status of its permit and the tribe’s immunity to state environmental regulations, the mine resumed operations in October.
- Agriculture. Montana’s farmers and ranchers experienced another challenging year in 2019, with lower prices impacting grain and pulse crop producers, and international trade issues concerning both crop and livestock producers. Since January 2019, Montana wheat and calf prices have declined by over 15 percent.
Find out more about Montana’s economy at the Economic Outlook Seminars held in 10 cities throughout Montana. In addition to presenting the economic forecasts in each seminar city, economists, industry experts, and a panel of business leaders will discuss our theme, “Finding Good Workers: New Challenges, New Solutions.”
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Economic Outlook Seminar 2020
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Why Attend EOS 2020?
BBER economists present national, state and local economic forecasts for each seminar city, and industry experts will give their outlooks for Montana’s important sectors. View our lineup of speakers here.
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What Sectors Are Covered?
Industry sectors covered include health care, tourism and travel, real estate, forest products, agriculture, energy, high-tech, and manufacturing.
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Regular tickets include the half-day seminar that begins at 8 a.m. and ends at 1 p.m., the 2020 Montana Economic Report, lunch and a one-year subscription to the
Montana Business Quarterly.
Registration is $90
Registration for Montana University System faculty, staff & students is $25
Continuing education credits are available.
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The 2020 Economic Outlook Seminar will visit 10 cities, and there will be a live webcast on February 5th!
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HELENA
January 28, 2020
Great Northern Hotel
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GREAT FALLS
January 29, 2020
Hilton Garden Inn
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MISSOULA
January 31, 2020
Hilton Garden Inn
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BILLINGS
February 4, 2020
Northern Hotel
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BOZEMAN
February 5, 2020
The Commons
(Live webcast available)
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BUTTE
February 6, 2020
NorthWestern Energy General Office
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KALISPELL
February 11, 2020
Hilton Garden Inn
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HAVRE
March 17, 2020
MSU – Northern
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LEWISTOWN
March 18, 2020
Central Montana Education Center
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BIG SKY
March 19, 2019
Lone Peak Cinema
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Live Webcast on February 5th
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Want to sit together with your friends, coworkers or classmates?
You can reserve tables or register a group now.
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Thanks to our Sponsors
Principal Sponsor:
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The Bureau of Business and Economic Research has been providing information about Montana’s state and local economies for more than 70 years. Located at the University of Montana, the bureau is the research and public service branch of the College of Business.
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