Montana
Montana’s economic growth was among the country’s best in 2021
Montana’s economic system was among the many high within the nation in 2021 for progress, at 6.7%, adjusted for inflation.
Gov. Greg Gianforte highlighted the state’s financial progress Monday utilizing information compiled by the U.S. Bureau of Financial Evaluation.
The state’s gross home product noticed probably the most progress within the first quarter of 2021, then slowed down within the second half of the 12 months.
The information present finance and actual property to be the quickest rising sectors in Montana. The tourism and leisure industries bounced again after the COVID-19 pandemic halted regular life in 2020. These industries grew by 22% in 2021.
Gianforte stated in a press release that Montana is a “good spot to stay, work, increase a household, and do enterprise.”
Whereas the state’s economic system is rising, economists forecast that housing costs will proceed to rise as building of recent houses fails to maintain up. The state additionally faces a labor scarcity.