May 13, 2019
Montana Real Estate Market Update
Posted in Montana Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
Over the past 12 months, Montana has added 4,800 new non-agricultural jobs. This represents an annual growth rate of a modest 0.9%, which is lower than the national growth rate of 1.7%. In the first quarter of the year, the state lost 1,300 non-agricultural jobs, which was a disappointment, but I remain hopeful we will see some improvement as we move through the balance of the year.
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February 14, 2019
Montana Real Estate Market Update
Posted in Montana Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
According to the Labor Department, Montana added 4,700 new non-agricultural jobs in 2018, representing an annual growth rate of 1.5%. For perspective, the U.S growth rate is running at about 1.7%. State employment growth was a little frenetic last year, with monthly employment dropping in three of twelve months. I do not see this as a trend but I don’t expect to see any rapid rise in...
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November 08, 2018
Montana Real Estate Market Update
Posted in Montana Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
According to the Labor Department, Montana added 7,400 non-agricultural jobs between September 2017 and September 2018, representing an annual growth rate of 1.6%. For perspective, the U.S growth rate is about 1.7%. The state experienced pretty substantial monthly increases in employment over the last few months and I hope this will continue even as we see a slowdown in employment in the...
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August 09, 2018
Montana Real Estate Market Update
Posted in Montana Real Estate Market Update by Matthew Gardner, Chief Economist, Windermere Real Estate
According to the Labor Department, Montana added 2,900 non-agricultural jobs over the past 12 months, representing an annual growth rate of 0.6%. For perspective, the U.S growth rate is running at about 1.6%. Although the state has experienced significant increases in employment since the last recession, the pace of growth has slowed significantly, which is mainly due to a lack of workers...
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