View past economic outlook seminars and get material.
The Future of Higher Education in Montana
Higher education is a future-oriented business – educating and preparing the leaders of tomorrow. But what is the future for colleges and universities? In an economy that increasingly rewards knowledge and expertise, the need to cultivate and grow a competitive, skilled and educated workforce is more vital than ever. How do we do this? EOS 2018 examines the question of how Montana’s higher education system returns value to all of us who live and work here.
The High Wage Job Puzzle: Finding Montana’s Place in the New Geography of Jobs
In the past, natural resources drove local economic prosperity. Economies thrived where soil was fertile, timber and minerals were abundant and where transportation by water was easy. Today, knowledge matters more. Natural resources and access to markets still matter, but many industries and occupations are increasingly concentrated in places where skilled, creative workers are abundant. EOS 2017 examines what these changes mean for Montana’s economy.
Rising Property Tax Bills: What You Should Know
Mention property taxes to anyone living or doing business in Montana and you are sure to get a reaction – maybe even an earful. One of the reasons why Montana’s oldest tax is among the least popular is because it is the least understood and in most communities it continues to increase. EOS 2016 examines the property tax and not just how it works, but whether it’s working well and why its growth is seemingly endless. Is the state’s oldest tax prepared for the future?
The New American Energy Revolution: Reshaping Montana
Are Americans using less gasoline? Is oil production in the lower 48 states growing? Are those plug-in chargers for electric vehicles in the parking lot? A few years ago, this was just a fantasy, but all of these things are happening today. Nothing less than a revolution has taken place in the way we produce, market and think about energy and Montana companies have a big part to play. EOS 2015 examines the challenges and opportunities Montanans face in this new energy boom.
Making Montana the First Best Place: How Entrepreneurship is Creating High-Paying Jobs
RightNow Technologies was founded in a spare bedroom in Bozeman, Montana. When it was acquired by Oracle in 2012 for more than $1.8 billion, the company was Bozeman’s largest commercial employer providing more than 1,100 jobs. The average wage for an employee was $86,000, more than double the state average. Their sale led to a new generation of Montana technology startups. EOS 2014 examines the potential for entrepreneurship to create more high-wage jobs in our state.
The Best Medicine: How Can Montanans Take Charge of Changes in Health Care?
Imagine a world where you carry your medical history and prescriptions with you on a credit card, where your doctor calls you to make an appointment or where you can pull up a website and learn what surgical procedures will cost and which hospitals have the lowest error rates. This is where health care is going and we’re getting there faster than you think. EOS 2013 examines the changes in health care and whether Montana households, businesses and governments are ready for them.
Montana’s New Energy Frontier: What are the Prospects?
New technology has opened up 4 billion barrels of oil in the Bakken, arguably the largest inland oil find in the U.S. in the past 50 years. Ranchers in Sidney are receiving $1 million royalty checks and homeowners are renting unheated garages to oil workers for $600 a month. Is Montana’s eastern energy boom here to stay? EOS 2012 examines what it mean for statewide employment, tax revenues and the environment. Are we next in line for North Dakota’s payday?
Paying for the Recession: Rebalancing Montana’s Economy
Putting off retirement for another few years or pushing back that home remodel for a while? The economy is emerging from the worst recession since the 1930s and the damage is apparent: diminished personal income, uncertain housing markets, high unemployment rates, permanent closures in key industrial facilities and budget pressures on state and local governments. EOS 2011 examines how we rebalance Montana’s economy.
Economic Recovery: What’s Ahead for Men and Women Workers?
As our nation heads toward economic recovery, it appears that job losses and unemployment rates during the recession were much higher for men than women. Roughly 1.7 million more men entered the ranks of the unemployed than women. How has this man-cession played out in Montana? The state’s unemployment rate gap between men and women was double that of the national unemployment gap. EOS 2010 examines the recession’s impact and economic recovery on gender and occupations.