Montana Economy At a Glance 2006 Nov

Cover Montana Economy At a Glance 2006 Nov
Montana Economy At a Glance 2006 Nov
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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Therefore, for Eastern Montana to reverse its population decline, its export sector needs to thrive. Currently, the region's economic fortunes, and Figure Three: Ratio of Per Capita Income between Eastern Montana and the Cowboy Boot: 1985-2004 1.000 0.975 0.950 0.925 0.850 Photo courtesy of MontanaPictures. net ^4'^^^^^^^^^''^^^^^^^''^^^^^^^^^^/'^^^^^^^'' Source: Bureau of Economic Analysis & Montana Department of Labor and Industry ultimately its population, are tied to the profitability of it...s oil, gas, coal, and agricultural sectors as well as continued net inflows of federal dollars. Much of Eastern Montana's income gains in recent years stem from high prices for the commodities it produces and generous federal agricultural subsidies.^ ^ Eastern Montana is also working to diversify its economic base. In 2006, Montana's Agro-Energy Plan (MAP) was awarded a three year, $ 1 5 million dollar federal WIRED grant, to target regional economic development through workforce training and development.

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