Montana Economy At a Glance 2007 Oct

Cover Montana Economy At a Glance 2007 Oct
Montana Economy At a Glance 2007 Oct
Montana.Dept. of Labor And Industry.Research And Analysis Bureau
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Gas, oil and metals have strong markets locally, within the United States and around the world. Strong demand for these products has pushed prices higher and encouraged companies to increase their output. Workers are benefiting from higher demand through increased competition for their services, which is resulting in higher wages.
Similarly, much of the health care sector is included in this quadrant.
Both the Hospitals and Ambulatory Health Care industries have high growth rates and high wages
.... As the population continues to age, one would expect healthcare services to continue to be in high demand. Additionally, demand for health care products and services increases as early detection and preventative procedures become more commonplace.
Industries Creating High Product Demand (Quadrant II) Industries in Quadrant II also had high growth in wages, but the initial wages in 2002 were lower. As these industries experience higher growth, they get closer and closer to becoming industries with above median wages.


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