The Missoula International Airport has seen over 1,000 plus more private planes land at the airport as compared to July 2019.
The owner of Whiskey and Lace Clothing Boutique, located at 23 W. Main St., Bozeman, is Lee Ann Anthony. The business began two years ago as a fully-online clothing store
The Ruh Building, located at 605 N. 7th Ave., in Bozeman is set for completion in December. The building occupants will include a brewery, 16 apartments and 5,000 square feet of retail space. The building is owned by Bill and Karen Ruh. Last Best Place Brewing, will fill the building’s brewery space.
Montana’s unemployment rate decreased for the third straight month, dropping by 0.8 percentage points to 6.4% in July. Montana’s unemployment rate is 3.8 percentage points below the national rate of 10.2% for July 2020.
The Whitefish Chamber of Commerce, has announced the cancellation of the 11th annual Great Northwest Oktoberfest scheduled for this fall has been canceled. The event takes place in downtown Whitefish on the last weekend of September and the first weekend in October.
According to a new analysis from industry group Airlines for America, Montana experienced the smallest percentage decline in passenger flights out of any state in the country when compared to July of last year. Montana saw a 25% reduction in scheduled flights from July 2019 to July 2020. The national average was about a 50% decrease, and New York, the state with the most significant drop-off, saw flights decline by 70% compared to the same time period last year.
Rapid Clean Car Wash, a new Bozeman car wash, will have a 160-foot wash tunnel and 17 car vacuums. Rapid Clean plans to hire up to 22 employees when they open. The planned for detail shop and large vehicle wash openings will hire 3 or 4 more employees..
A huge expansion costing between $35 million and $40 million, that will more than double the capacity of the Dakota Access Pipeline to 1.1 million BOPD, was proposed by Energy Transfer Partners. Work will be completed by February 2021. The company said it is anticipated that crude oil production out of the Williston Basin will increase between 350,000 to 450,0000 BOPD over the next five years, with current production exceeding 1.3 million BOPD. The 36-inch crude oil pipeline runs 1,172 miles from Stanley, ND to Patoka, IL. The pipeline has reached its maximum capacity of 600,000 BOPD. (From Oil Patch Hotline)
Hess Corp is building a $155 million expansion of its gas processing plant at Tioga, ND. The turnaround at the plant will take place next year along with the new tie- in to expanded NGL pipelines. Total capacity will be at 265 Mmcf a day.
Montana’s fire fund will be adequate to handle the fire season, according to the Governor. The fire fund has doubled to its statutory maximum, said Gov. Steve Bullock, and the state is well equipped to manage the COVID uncertainty with budget reserves of over $600 million. He said, “We are well equipped to handle two concurrent challenges with a fire fund that can cover nearly five average wildfire seasons and the reserves to sustain critical services and manage through the pandemic.” On August 15, $46.7 million was transferred from the general fund to the fire suppression fund, putting the fire fund at its statutory maximum of $101.5 million, or 4% of fiscal year 2021 appropriations.
Construction crews are widening Highway 287 north of Three Forks to 4-lanes, which will help improve stopping and sight distance for drivers. The 7-mile stretch of highway in Broadwater County between I-90 and Toston will connect the existing 4-lane sections to help with safety and design standards. The Montana Department of Transportation says with the increase in traffic throughout the area this project will help improve visibility.
Gallatin County’s residential real estate market saw increases in closed sales, pending sales and median sale prices in July, while the inventory of available homes decreased in both the single family and condo/townhome markets compared to last year. The median sales price increased 5.8%, from $462,250 in July 2019 to $489,000 in July 2020. Closed sales increased by 21.4%, from 192 to 233, and pending sales jumped 73.3%, from 150 to 260. The inventory of available homes decreased 40.5% compared to last year, from 504 to 300, and the month’s supply of inventory decreased 40.5%, from 3.7 to 2.2. The number of new single-family listings increased 2.3% compared to July 2019, from 213 to 218. The average days on market increased 4.4%, from 45 to 47. Sellers received 99.2% of their list price last month, up slightly from 98.9% last year. Closed sales on condos increased 38.1%, and sale prices in the condo/townhouse market increased 6.8%, from $323,000 to $345,000.
Research activity at UM has grown substantially in recent years. This fiscal year, UM reported $104.7 million in research expenditures to the National Science Foundation’s Higher Education Research and Development (HERD) survey. This is a 16% increase over the previous high of $90.6 million in FY2018 and a 90% increase from FY2014.morbidities