Montana Local Outlook 2011 Missoula
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  • 1. Local Outlook: MissoulaBy Paul E. PolzinDirector Emeritus Bureau of Business and Economic ResearchThe University of Montana
  • 2. Annual Percent Change inNonfarm Labor Income (in Constant Dollars), 2001‐2007Percent
  • 3. Annual Percent Change in Nonfarm Labor Income (in Constant Dollars) , 2008‐2009Percent
  • 4. Nonfarm Employment (Seasonally Adjusted), Missoula and Ravalli Counties Recession Declared, Dec. 2007 Missoula Ravalli
  • 5. Annual Percent Change in Construction Labor Income (in Constant Dollars), Missoula CountyPercent
  • 6. Annual Percent Change in Construction Labor Income (in Constant Dollars), Ravalli CountyPercent
  • 7. Missoula County’s Economic Base2008‐2010• Other 6%• Nonresident Travel 7% Some Recovery• Transportation 13% Slow Growth• Wood and Paper 8% Flat, at Best• Federal Gov’t 14% Stable at Best• Trade Center Medical 14% Reform?• Trade Center Retail, Service 6% Negative to Flat• UM, Other State 20% Modest Pay Increase Construction Slow Recovery
  • 8. Actual and Projected Change in Nonfarm Labor Income, Missoula County, 2007‐2014 Percent Actual Projected ‘01-’07 ‘10-’14
  • 9. Projected Annual Percent Change in Nonfarm Labor Income (in Constant Dollars) 2010‐2014Percent
  • 10. Questions?