Wednesday, June 2, 2010

Montana Economy - signs of turnaround

The Montana Department of Labor and Industry: Research and Analysis Bureau just released an update on the Montana ecomony. Their report states that while the U.S. economy appears to be in recovery, the signs are not so clear for Montana. Unemployment rates continue to rise, but job growth is also being reported. Their report also states that "using personal income data, Montana has joined the nation in its economic recovery" which is a good sign. The continued growth in unemployment is not unusual. Job growth normally doesn't occur until months after a significant turnaround in the economy. For the full article and charts to help visually explain the state of the economy, visit their website at www.ourfactsyourfuture.org.

More specifically, we are noticing a significant upswing in business in the real estate industry. Both 4th quarter 2009 and 1st quarter 2010 showed significant improvement over prior years. For market information specific to your neighborhood in the Flathead Valley visit our website at www.trailswestrealestate.com and visit the Market Stats section under the About Us tab.

Laura Manning is the Business Manager at Trails West Real Estate and enjoys crunching numbers almost as much as boating, hiking, camping, and playing outdoors during the long beautiful days of summer. She can be reached at 406-837-7050 or laura@twre.com if you would like additional market information.

No comments:

Post a Comment