4th

Year-over-year per capita personal income grew in Montana by 3.59%. Ten-year income growth was 23.86% – 18th in the country.

Source: U.S. Bureau of Economic Analysis (2017)

25th

From 2015 to 2017, jobs grew by 2.3% in Montana. To meet the top 10 goal, we would need to increase this to 4.3%.

Source: Bureau of Labor Statistics (2017)

35th

Per Capita Personal Income grew to $43,907.00 in 2017 – below the U.S. average of $49,571.00.

Source: U.S. Bureau of Economic Analysis (2017)

26th

Montana’s Gross State Product (GSP) 10-year growth rate is 25.8%. Montana’s GSP grew by 0.6% in 2017.

Source: U.S. Bureau of Economic Analysis (2017)

Workforce Development

PROMOTE AND SUPPORT STRATEGIES TO PROVIDE A
QUALIFIED WORKFORCE

Investing in Montana's Workforce

The rate of Montanans involved in an apprenticeship program increased from 1.40 to 1.57 per thousand residents.
This is the second highest number of active apprenticeship programs in the nation in a per 1,000 residents basis. (0.56 / 1,000)
Montana has the highest rate of population with a high school diploma or equivalent over the age of 25.
Two-year college affordability in Montana remains lower than the national average of 10.02% of disposable income. Average tuition and fee prices are weighted by full-time enrollment.
Four-year college affordability remains above the national average despite recent cutbacks and tuition hikes. Average tuition and fee prices are weighted by full-time enrollment.
When it comes to Science and Math scores of our high school graduates, Montana is lagging behind the rest of the country.
Montana lags behind in percentage of population with advanced degrees. The average percentage of advanced degrees for a U.S. state is 10.74%.
This indicator represents the proportion of Montana's eighth grade public school students that have met or exceeded the proficiency standard in science. This score ranks Montana 8th highest in the nation.
This indicator represents the proportion of Montana's eight grade public school students that met or exceeded the proficiency standard in mathematics. This score ranks Montana 7th in the nation.

Workforce Development

PROMOTE AND SUPPORT STRATEGIES TO PROVIDE A
QUALIFIED WORKFORCE
The rate of Montanans involved in an apprenticeship program increased from 1.40 to 1.57 per thousand residents.
This is the second highest number of active apprenticeship programs in the nation in a per 1,000 residents basis. (0.56 / 1,000)
Montana has the highest rate of population with a high school diploma or equivalent over the age of 25.
Two-year college affordability in Montana remains lower than the national average of 10.02% of disposable income. Average tuition and fee prices are weighted by full-time enrollment.
Four-year college affordability remains above the national average despite recent cutbacks and tuition hikes. Average tuition and fee prices are weighted by full-time enrollment.
When it comes to Science and Math scores of our high school graduates, Montana is lagging behind the rest of the country.
Montana lags behind in percentage of population with advanced degrees. The average percentage of advanced degrees for a U.S. state is 10.74%.
This indicator represents the proportion of Montana's eighth grade public school students that have met or exceeded the proficiency standard in science. This score ranks Montana 8th highest in the nation.
This indicator represents the proportion of Montana's eight grade public school students that met or exceeded the proficiency standard in mathematics. This score ranks Montana 7th in the nation.

Entrepreneurial Development

MAINTAIN STATUS AS NATIONAL LEADER AND FOSTER ENTREPRENEURIAL DEVELOPMENT

Supporting new business in Montana

Montana leads the nation in business ownership with more than one in ten Montanans owning a business.
Montana dropped from 1st - 0.50% - in 2016 to 4th in 2017 in rate of new entrepreneurs.
Montana start ups were able to attract $45.7 million in capital in 2016.
Almost 52 out of 100 business started in Montana remain in business after 5-years. This is the 9th highest rate in the nation.
Non-Government Organizations (NGO) and Local, State, and Federal Governments spent more than $25 million in Montana in 2015 - according to the latest data from the National Science Foundation.
Montana companies spent more than $200 million in research and development according to the National Science Foundation in 2015.
According to the National Science Foundation, more than $225 million was sent on research and development in Montana in 2015.
Montana ranks toward the bottom in the share of employer firms with a patent, trademark, or copyright. Montana ranks 40th in total patents and trademarks issued per capita in 2015.
Only 1.3 percent of Montana firms have a patent (rank 47th), and 0.9 percent have a patent pending (rank 42nd). Four percent have a copyright (rank 41st), and 6.6 percent have a trademark (rank 41st). In total, only 8.6 percent of Montana firms have any of these which ranks Montana 47th among all states.

Entrepreneurial Development

MAINTAIN STATUS AS NATIONAL LEADER AND FOSTER ENTREPRENEURIAL DEVELOPMENT
Montana leads the nation in business ownership with more than one in ten Montanans owning a business.
Montana dropped from 1st - 0.50% - in 2016 to 4th in 2017 in rate of new entrepreneurs.
Montana start ups were able to attract $45.7 million in capital in 2016.
Almost 52 out of 100 business started in Montana remain in business after 5-years. This is the 9th highest rate in the nation.
Non-Government Organizations (NGO) and Local, State, and Federal Governments spent more than $25 million in Montana in 2015 - according to the latest data from the National Science Foundation.
Montana companies spent more than $200 million in research and development according to the National Science Foundation in 2015.
According to the National Science Foundation, more than $225 million was sent on research and development in Montana in 2015.
Montana ranks toward the bottom in the share of employer firms with a patent, trademark, or copyright. Montana ranks 40th in total patents and trademarks issued per capita in 2015.
Only 1.3 percent of Montana firms have a patent (rank 47th), and 0.9 percent have a patent pending (rank 42nd). Four percent have a copyright (rank 41st), and 6.6 percent have a trademark (rank 41st). In total, only 8.6 percent of Montana firms have any of these which ranks Montana 47th among all states.

Business Basics

REDUCE THE COST OF DOING BUSINESS TO
IMPROVE THE BUSINESS CLIMATE

Making Montana Business More Competitive

Wyoming (23rd), Idaho (28th), South Dakota (32nd), & North Dakota (50th) all have lower Workers’ Compensation costs than Montana.
Montana has held steady in the past four years, ranking sixth in the index each year since 2013.
Housing in Montana is 8.1 percent higher than the national average.
Montana improved from #34 in 2015's rankings to #27 in 2017. However, the states that surround Montana all have better climates. (S. Dakota #1, Idaho #3, Wyoming #8, and N. Dakota #17.)
Montana total manufacturing output makes up more than 6.65 percent of the gross state product.
In terms dollar value, Montana’s top three exports are cigarettes, aircraft parts, and lentils.

Business Basics

REDUCE THE COST OF DOING BUSINESS TO
IMPROVE THE BUSINESS CLIMATE
Wyoming (23rd), Idaho (28th), South Dakota (32nd), & North Dakota (50th) all have lower Workers’ Compensation costs than Montana.
Montana has held steady in the past four years, ranking sixth in the index each year since 2013.
Housing in Montana is 8.1 percent higher than the national average.
Montana improved from #34 in 2015's rankings to #27 in 2017. However, the states that surround Montana all have better climates. (S. Dakota #1, Idaho #3, Wyoming #8, and N. Dakota #17.)
Montana total manufacturing output makes up more than 6.65 percent of the gross state product.
In terms dollar value, Montana’s top three exports are cigarettes, aircraft parts, and lentils.

Infrastructure Investment

PROMOTE INFRASTRUCTURE DEVELOPMENT
TO SUPPORT BUSINESS

ReBuilding Montana's Infrastructure

These rough roads cost each Montanan approximately $292 to $484 per year in extra maintenance costs depending on their area’s roads.
Montana’s infrastructure is approaching a critical state of disrepair, earning a grade of C- from the American Society of Civil Engineers.
$30,141,744 spent on state bridge capital projects in 2013.
Montana has the third highest fatality rate in the nation, with a backlog of transportation projects waiting for available funding.
$885.3 million in drinking water infrastructure needs over the next 20 years.
$363 million in wastewater infrastructure needs over the next 20 years.

Infrastructure Investment

PROMOTE INFRASTRUCTURE DEVELOPMENT
TO SUPPORT BUSINESS
These rough roads cost each Montanan approximately $292 to $484 per year in extra maintenance costs depending on their area’s roads.
Montana’s infrastructure is approaching a critical state of disrepair, earning a grade of C- from the American Society of Civil Engineers.
$30,141,744 spent on state bridge capital projects in 2013.
Montana has the third highest fatality rate in the nation, with a backlog of transportation projects waiting for available funding.
$885.3 million in drinking water infrastructure needs over the next 20 years.
$363 million in wastewater infrastructure needs over the next 20 years.

SUPPORT ENVISION 2026

Have questions about Envision 2026?

Contact Daniel

Operations Director
406.442.2405 | Ext. 110
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