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No. 31 Montana
Taxations & Regulations
Workforce Quality
Living Environment
| Key Metrics |
State GDP
- % Growth ’12-’13: 3.0
- % Growth ’11-’12 v. Nat’l Avg. (2.5%): -0.4
Unemployment
- Unemployment Rate Dec. 2013 %: 5.2
- Comparison with Nat’l Rate (6.70%): -1.5
Domestic Migration
- Domestic Net Migration 2013: 5,467
- Rank: 14
State Government
- State Debt per Capita Fiscal Year ’13 ($): 4,521
- State & Local Gov’t Employees per 10k Residents: 585.2
State-Local Tax Burden
- Rate (%): 8.6%
- Compared to Nat’l Avg. (9.9%): -1.25%
|
| Key Companies |
- Stillwater Mining
- First Interstate BancSystem
- Glacier Bancorp
|
| Development Trend Indicator: Negative |
| Nibbled at tax rates last year but needs more reform to reignite growth. |
Based on CEO Survey by ChiefExecutive.net
Sources:
Bureau of Economic Analysis
Bureau of Labor Statistics
NewGeography.com
The Tax Foundation
