In a report from the Ninth District of the Federal Reserve Bank of Minneapolis, Montana is at the very top in terms of our Gross Domestic Product – or how much we produce, as compared to the other states in our district. The Ninth District is comprised of five states, including Montana.

The latest data, which is third quarter of 2024, shows that Montana has a GDP of 117.7 as compared to the next highest state, South Dakota at 111.7. We are also producing at a higher level than the US average at 114.5 – also we have had a very steep incline in the increase of our GDP, ever since COVID – exceeding all other states in the district.

Montana also has the highest percentage employment per 100 people than other states in the Ninth District and it has been steadily rising. Montana’s ratio is 111.3 as compared to the next highest, again South Dakota at 106.5. The National average is 106.3.