Good news out of UM’s Bureau of Business and Economic Research (BBER) highlights the fast-growing high-tech industry in Montana. Our state’s economy is rapidly changing.  

 Growing 9 times faster than the rest of Montana’s economy and paying an average wage of $65,000/year (nearly double the current median wage), the tech industry is rapidly diversifying our economy. Today, this industry alone is generating $2 billion per year in revenue in our state. According to the BBER, Gallatin County is now the 2nd largest economy in Montana—growing 47% since 2007. Missoula and Billings too, both saw 24% growth during that same time.  

 Montana’s growing high-tech sector is a rising star bringing diversity to our economy and providing high paying jobs Montanans deserve. It’s good news for all of us. As our population ages and ultimately retires, expansion of high-tech industries will bring fresh recruits to live and work in our state. Our relatively small population and outdoor recreational amenities are attractive lifestyle options for young professionals who wish to get out of the big city rate race. 

The Montana Chamber of Commerce sees the transformational opportunities high-tech brings to the table. We will continue to work with our partner organizations, business and community leaders, and our members to ensure this industry feels at home in Big Sky Country.