Dr. Patrick Barkey, Director of the University of Montana, Bureau of Business & Economic Research (BBER), will keynote MCF’s Montana Centers of Opportunity Forum, which will take place in person July 29, 11:30 m at the Hilton Garden Inn in Kalispell.

The event will feature a panel discussion with Michael Goguen, Two Bear Capital;  Bill Mosley, GL Solutions;  Scott Osterman, Montana Department of Commerce ; and Tom Stergios, ATG Cognizant, with moderator, Kelly Schwager, Oracle.

Montana Centers of Opportunity Forum will provide the latest on Montana’s post-pandemic economy.

Patrick Barkey has served as Director of the Bureau of Business and Economic Research (BBER) at the University of Montana since 2008. He has been involved with economic forecasting and policy research for more than 35 years, in both the private and public sectors. for more information and registration email stacye@montanachamber.com.

Watercraft inspectors in Montana have found aquatic mussels on 21 boats so far this year. All watercraft including non-motorized boats must be inspected when coming into Montana. Inspectors found 35 boats with aquatic mussels in 2020. Adult mussels can attach themselves to the bottom of boats and survive out of water for up to 30 days.

Glacier Rail Park in Kalispell, which  opened in 2018, is full ahead of schedule with the decision by Northern Plastics decision to expand from its current Montana Highway 35 location into the last rail park lots. Northern Plastics manufactures polymer molds in its 10,000-square-foot facility. At the new rail park location Northern Plastics will more than double its size.

Yellowstone National Park has reported that visitation at last month increased by 40% compared to 2019. This was an increase of approximately 19,000 people and a record for the month. The previous high visitation for the month of April was in 2016 when more than 59,000 people visited the park.

Grand Teton National Park experienced record numbers of visitors in April with more than a 48% increase compared to the same month in 2019. The 2021 numbers set a record for April in the park of 87,700. The previous high in April was 60,500 set in 2018.

According to the Montana News Bureau the state is advertising for a business attractions manager. The position will pay $125,000 a year. The job entails traveling the United States promoting Montana as good place to start or expand a business. New tax laws and a $500,000 budget for the position are hoped to help foster interest by businesses in the State.

Glacier National Park recorded more than 53,000 visitors in April 2021, about 50% more than in 2019, but it did not set a new record.

Madison River Equity LLC will seek a special use permit from the Butte-Silver Bow Zoning Board to install a 1,600-acre solar array on June 17. The project known as the Basin Creek Solar Project is on private ranchland in south Butte. Project will include 700,000 solar panels which will produce nearly 300 megawatts annually.

Montana Zipline Adventures opened on May 21, 2021. The business located in Anaconda near North Cable Road has passed the required inspection by the Association for Challenge Course Technology. The owners of the business are Andre and Mianne Graa. The cost is $89 a person.  There will be a $10 discount for people who live in surrounding counties and for veterans. The course has age and weight restrictions that are described on its website: montanazip.com.

Montana’s statewide elected officials will be able receive a pay raise on July 1. The raise is due to a state law that requires pay raises every other year. governor Gianforte will receive a raise of  3.6% but the lieutenant governor and Supreme Court clerk will not get a raise at all. The state auditor will receive a 9% raise. Supreme Court justices and district court judges will get 4.2% raise

The median price for single-family homes in Gallatin County was $660,000 in April. This price is down from $704,750 in March, according to data from the Gallatin Association of Realtors. It was a similar story for the condo and townhouse median prices. The number of new listings for  single-family homes and condo and townhouses increased from April 2020. There were 160 new listings of single-family homes listed in April 2021, compared to 132 last April, and 102 new listings for condos and townhomes this year compared to 94 last April.

The Scoop bar in Bozeman closed its door for good last week. The Scoop, legally named the Scoop Beer Parlor, has been owned by the Davis family of Bozeman since 1977.

Oasis Petroleum is selling its Permian position for less than half the price it paid in 2017. Oasis acquired 20,300 net acres in the Delaware Basin for $946 million, an average $46,000 per acre. The company has now announced it will sell the assets for a little more than half that price. The Permian divestment is the second major transaction announced by Oasis in recently. The company has also announced a $745 million acquisition of Diamondback’s QEP assets in the Bakken. This play added 95,000 acres to the company’s existing Bakken Portfolio.

The Dakota Access pipeline has avoided a shut-down order. A federal judge has denied a request from the Standing Rock Sioux and Cheyenne River tribes to shut down North Dakota’s largest pipeline because it now lacks the proper federal authorization to cross under Lake Oahe. The judge also denied a motion from the State of North Dakota that sought to intervene in the case.

A new study of living and dead Engelmann spruce trees collected at high elevations in and around Yellowstone National Park have shown that the last 20 years have been the hottest summers in the Yellowstone region for over 1,250 years. The findings were published in Geophysical Research Letters. The warm periods of the past were characterized by substantial multidecadal temperature variability, markedly different from the prolonged, intense warming trends seen over the past 20 years. 

The federal government has provided funding for a wellness center in Poplar. A new Fort Peck Wellness Center has received $23 million from the New Markets Tax Credits. The purpose of the center is to extend the  life expectancy among members of the Fort Peck Tribes. Additional funding is being made by the Assiniboine and Sioux Tribes. The 50,000-square-foot health clinic and recreation center will provide services for health care, physical fitness, childcare, and cultural arts and education. The building will be constructed at the old airport site off U.S. Highway 2.

Stone Glacier announced they are going to open a new business headquarters in Bozeman. Stone Glacier is a manufacturer of premium outdoor equipment. The new 16,000 square feet facility building will be located at the intersection of Huffine and Love Lane and it will also serve as a retail space – to be completed by April 2022. Inc. Magazine has ranked the company as one of the fastest growing companies in America and ranked it #3 in 2020. The company plans to add brands and double its number of employees.

Gallatin County’s residential real estate saw increases in sales, prices and new listings in April, with many homes selling above asking price, while inventory and days on the market decreased compared to last year. The number of new listings increased 21.2% in April compared to last year, from 132 to 160. Pending sales were up 28.8%, going from 118 to 152. The number of closed sales increased 36.4%, from 99 to 135. The average days on market decreased 47.6%, from 63 to 33. The median sales price increased 50% from $440,000 to $660,000. Sellers received 100.7% of their list price, up from 98.8% last April. The inventory of available homes fell 68.1%, from 404 to 129, while the months’ supply of inventory dropped 75.8%, from 3.3 to 0.8.  

The City of Williston is accepting digital cryptocurrency payments for utility bills. It is the first municipal utility in North Dakota to accept bitcoin and the third in the nation. While only utility bills can initially be paid with cryptocurrency they may eventually allow other bills such as landfill, permits, and licenses.

The Montana Department of Transportation (MDT) recently issued new load postings for the Cove Ditch Bridge in Park City in Stillwater County. The postings are part of a multi-year effort to update load ratings and postings on Montana bridges as mandated by the?Federal Highway Administration

The outstanding success of the Ennis-area O’Dell Creek Restoration Project, which began 17 years ago, is recognized with a NorthWestern Energy-commissioned painting by renowned Montana artist Monte Dolack.

The original artwork “Restoring Our Waters” is on display at the Ennis Chamber of Commerce. All proceeds from the sale of prints of the work will be donated to Madison Farm to Fork, which in partnership with the Madison Conservation District and the Ennis School District, created the Gardens, Resources, Outdoors, Wildlife and Watershed (GROWW) program for youth.

The O’Dell Creek Project began in the early 2000s to repair damage that began in the 1950s when the area was ditched to expand usable land for agriculture. In doing so, a unique wetland was partially drained and damaged. 

Since then, more than 14 miles of creek channel has been restored and 815 acres of wetlands created, resulting in improvements to an important tributary to the Madison River. The results have included fishery improvements and a re-establishment of wetland obligate species.

“We all want to see an environmental win, which is what we have with this project,” said NorthWestern Energy Director of Environmental & Lands Permitting & Compliance Mary Gail Sullivan. “When the hydro electric dams were relicensed with the Federal Energy Regulatory Commission for the privilege of generating electricity on Montana rivers, there was an obligation to fund environmental and recreational projects.”

That funding, along with the need at O’Dell Creek and most importantly, willing partners in the landowners, were the ingredients for a successful project, Sullivan said.

“This has been a great journey and a great example of what cooperation can accomplish when all are working toward a common goal,” said Jeff Laszlo, the fourth-generation owner and managing partner of the Granger Ranches, one of two landowner partners in the project. “We are a working ranch producing cattle and crops, we continue to learn and work to improve operations in a synergistic way that serves both conservation and production agriculture.”

Dolack’s piece overlooks meandering O’Dell Creek from a bluff, with trumpeter swans, sandhill cranes and other wildlife.

“This is how it should be,” Dolack said. “We can all work together. I was delighted to be able to bring whatever I can to this project, so there’s at least a visual that ideally would sum up what we’re trying to do.”

Madison Food to Fork Chair Kaye Suzuki confirmed Dolack’s Restoring Our Water piece does just that.

“This makes me emotional, this is exactly what conversation work can be, should be,” Suzuki said.

“The heart of our electric generation in Montana is our hydro system that is an environmental, recreational and cultural asset for the state and indeed for the nation,” said NorthWestern Energy Chief Executive Officer Bob Rowe. “Our Montana electric generation portfolio is 69% carbon free. Hydro resources make up more than 40% of that portfolio. A NorthWestern Energy priority is being a good steward of natural and cultural resources at our run-of-the-river dams in Montana. Success depends on great projects like O’Dell Creek, that are made possible and made better through partnerships such as this one.”

Ryan Siemsen has been promoted to Assistant Vice President, Branch Manager for Stockman Bank Worden. His responsibilities include overseeing bank operations, management and employee supervision, and all lending activities in Worden.

Siemsen, who grew up in Huntley, brings 20 years of experience in Ag and Ag business to the position, which includes 11 years of Ag lending. His extensive background will continue to provide valuable resources not only for customers and potential clients, but for the community as well. He has been with Stockman Bank since 2018 and most recently served as an Ag loan officer for the Billings market.

Siemsen earned his Bachelor of Applied Science degree in Business from Montana State University in Billings and an associate’s degree in Farm and Ranch Management from Frank Phillips College in Borger, Texas. He is active in the community serving as the President of Young Rider Series and will continue to be involved in Stockman Bank related activities.

He may be reached at 967-3612 at Stockman Bank Worden.

Representative Rosendale introduced the Direct Primary Care Accessibility Act, a bill that would protect the ability of Americans to purchase health care from their doctors without going through an insurance company first.  

Direct primary care plans allow consumers to pay a monthly fee to doctors in order to access a broad variety of health services in the event that they become sick. It is viewed as a method to enhance access to preventive care by smoothing out the costs of going to a physician or getting basic medical treatments.

Representative Rosendale championed direct primary care as a tool for reducing rising health care costs while he served in the state legislature, and again as State Auditor, paving the way for the recent passage of Senate Bill #101, which was signed into law by Governor Gianforte.

“We’ve all heard that an ounce of prevention is worth a pound of cure,” Representative Rosendale said. “If the law can help people get to the doctor more quickly and cheaply with direct access to primary care physicians, then we have a good chance of seeing healthier Americans. It’s an approach that’s just gone into law in our state that I think will work nationwide.”

The Center Square

As economic figures cast doubt on a post-COVID economic boom, the latest polling data show Americans lack confidence in the economy under President Joe Biden.

New polling data released by Gallup  shows Americans are not confident in the economy and are largely unhappy with the nation’s current trajectory.

The poll found only 36% of Americans are “satisfied with the way things are going.” Specifically on the economy, Americans also are pessimistic.

“Twenty-seven percent of Americans now rate current economic conditions as excellent or good, while 30% rate them as poor,” Gallup reports. “Meanwhile, 43% say the economy is getting better, and 53% say it is getting worse.”

Gallup’s economic index uses a scale of -100 to +100 to measure Americans’ sentiments around the economy and other issues. The number released Monday found the index at -7, down from +2 in the previous month and well below the +43 that was measured in February 2020, when President Donald Trump was still in office and just before the pandemic began.

The poll comes after recently released economic data disappointed economists. The Bureau of Labor said earlier this month that unemployment spiked to 6.1% in April. The economy added only 266,000 new jobs that month, far short of the one million new jobs predicted by experts. Also, unemployment filings rose sharply during COVID and remain high, despite widespread vaccinations.

The poll also found that Americans increasingly see COVID as less of an issue and the struggling economy as the bigger priority. The poll found 21% of Americans cited an economic issue as the most important problem in the nation, the highest since April of 2017.

“Even during the worst phases of the coronavirus pandemic, Americans’ attention was focused more on the coronavirus and other issues as the most important problem, including times when economic confidence was much lower than today,” Gallup reports. “Before the current survey, the highest percentage mentioning economic matters as the most important problem since the pandemic began was 19% in June.”

A Yahoo News/ YouGov  poll from last week showed many Americans blame the economic woes on ongoing federal unemployment benefits. When asked, a plurality of 44% of Americans blamed the supplement federal unemployment benefits for increased unemployment, saying the benefits “are making it too easy for unemployed Americans to not work.” Meanwhile, 41% of Americans said unemployment had remained high because “the pandemic is making it hard for unemployed Americans to find work.”

Republicans also have pointed to growing inflation as an ominous economic indicator after BLS reported a spike in consumer prices last month.

“In this Biden economy almost everything we need in order to survive is getting more expensive by the month,” Republican National Convention Spokesperson Paris Dennard said.

Both parties will likely use the upcoming jobs and unemployment data to support their attacks on or defense of the economy.

“The May jobs report to be released in early June could go a long way to convince Americans whether the disappointing April report was a temporary aberration in the economic recovery or the start of a more concerning negative trend,” Gallup said.

The Gallup poll was conducted May 3-18 with a random sample of 1,016 adults in all 50 states. There is 4% margin of error.

Montana’s unemployment rate declined from 3.8% in March to 3.7% in April. The unemployment rate for the U.S. was 6.1% for the month.

“Montana’s economic recovery depends on getting Montanans back to work into good-paying jobs, allowing our businesses to fill open jobs and meet their growing customer demand,” Gov. Gianforte said. “By ending the pandemic-related federal unemployment bonus that discourages work and by launching a return-to-work bonus, more Montanans will reenter the workforce, and Montana’s economy will continue to rebound.”

Montana’s unemployment rate for April matches the pre-pandemic rate of 3.7% in February 2020. There are, however, 9,428 fewer Montanans in the labor force than there were in February 2020.

Montana’s total employment, which includes payroll, agricultural, and self-employed workers, grew by 1,799 in April. Employment gains were fueled by workers returning to the labor force, which added 1,437 workers in April as vaccines were made available to more Montanans. After March’s strong growth in payroll employment, Montana saw a small decline of 300 payroll jobs in April.

“The specter of inflation is concerning. It’s time for the federal government to turn off the spigot of spending trillions of dollars that drive up our national debt, a shameful burden our kids and grandkids will inherit,” Gov. Gianforte said. The Consumer Price Index for All Urban Consumers (CPI-U) increased by 0.8% over the month in April for total a 12-month increase of 4.2%, the largest 12-month increase since September 2008. Prices of used cars and trucks rose 10% in April and accounted for a third of the increase. Prices mostly increased across the board. The index for all items less food and energy, referred to as core inflation, increased 0.9% in April.

The Montana Farm Bureau is applauding Governor Gianforte for signing HB 554 which states that before the federal government can establish a national heritage area, the Montana Legislature must approve it. This bill gives farmers and ranchers a layer of assurance that there will be local input on designations that might impact their ability to use certain practices.

When Chouteau County Farm Bureau learned about the push for the Big Sky Country National Heritage Area (BSCNHA) covering 2 million acres in Cascade and part of Chouteau counties, they raised the alarm.  They introduced policy at the 2020 Montana Farm Bureau Delegates Session for local control on property rights issues, then Rep. Josh Kassmier (R) HD 27, introduced HB 554, and on Friday, May 14, Montana Governor Greg Gianforte signed the bill into law.

Chouteau County President Jess Bandel, who testified on the bill, said, “We want to thank Representative Kassmier and the other legislators who supported HB 554, and Governor Gianforte for signing it. Passage of this bill returns decisions on private property rights to the people and the state, as opposed to giving the power to the federal government. That’s how our country was founded; power with the people. With state control, the people’s choice can be heard. This bill should at least put pressure on federal agencies making these decisions to contact the state and have a conversation about creating heritage areas.”

Bandel cautioned that although HB 554 will help protect property rights by having more local approval, it’s still essential to oppose the privately-managed BSCNHA by contacting the National Park Service as well as the Montana Congressional delegation.

“The proposed BSCNHA would infringe on private property rights, have a self-appointed board and misuse taxpayer funds,” said Bandel.

Dig it Days has some really big news for this year’s event, after having to cancel last year because of COVID restrictions.

The second annual Dig it Days will be a two-day special event at  Montana Fair, on Thursday and Friday, August 19 and 20 – and it will feature a monster, monster truck sponsored by Westmoreland Coal Company.

The first Dig it Days was held in 2019 in Lockwood.

Of course there will be lots and lots of other trucks and construction equipment, and emergency service vehicles, for kids to check out, inspect and “test drive.” There will also be the very popular Sand Mountain and other fun displays. Kids (big ones as well as younger ones) will also be able to operate a back hoe, for real!

Yellowstone Dig It Days is a fun, educational, and wholesome family entertainment event, the production of Yellowstone Family, a tax-exempt non-profit organization. It is made possible by a host of sponsors who not only help fund it but also provide the equipment, operators, and additional displays.

More so than ever before, Dig It Days will focus on education and educational opportunities as the sponsors emphasize the potential for careers in the constructing and contractor industry. Part of the funds raised will finance scholarships for students interested in pursuing such careers, as well as to support other youth organizations. So besides the return of some of the same local companies that were involved before, The Montana Contractors Association, Montana Equipment Dealers Association and Build Montana campaign are eager to participate in Dig It Days, as a means of introducing young people to their industry.

Entry to Dig it Days is included in the Montana Fair entry, and many free tickets will be available through sponsors so stay tuned for details. Free t-shirts will be distributed to kids until they are gone.

Commercial

Ziegler, Jack R & Michelle L/North Coast Electric Company, 1760 Monad Rd, Com Remodel,  $90,000

Executive Property Services/Trailhead Home Improvement, LLC, 1350 Avenue C, Com Remodel, $70,000

Deaconess Medical Center Of Billings/Bauer Construction, 2800 10th Ave N, Com Remodel, $509,643

Simon & Sherri Harper Living Trust, 1632 Grand Ave, Com Remodel, $47,082 

CHP Billings Mt Owner LLC/Master Protection Corporation, 4001 Bell Ave, Com Remodel, $5,611

Dennis & Jessie Benson/Moon Construction, 1414 4th Ave N, Com Remodel, $50,000

Kialy Iverson/Old School Contracting Inc, 5411 24th St W, Com Remodel, $4,000

Yellowstone County/Sprague Construction Roofing Division, 3319 King Ave E, Com Fence/Roof/Siding, $44,800

Debtor Co Trust/Perfect 10 Roofing, 3407 1st Ave N, Com Fence/Roof/Siding, $29,000

City Of Billings, Terry Park/T.W. Clark Construction Llc, 6th St W, Com Fence/Roof/Siding, $114,000 Western Sky Billings LLC/Beartooth Holding & Construction, 4610 Crescent St, Com New Office/Bank, $249,650

Josh Rollinger/Jones Construction, Inc, 3345 Conrad Rd, Com New Warehouse/Storage, $669,396

McDonald’s Real Estate Company, 1046 Grand Ave, Com Remodel, $19,260

Swenson, Randall D (1/2 Int), 1547 41st St W, Com Remodel, $75,000

N Schaff, Allen K Trustee, 2115 2nd Ave, Com Remodel, $175,000

Deaconess Medical Center Of Billings/Bauer Construction, 2800 10th Ave N, Com Remodel, $10,000

East Billings Investors/Blake Construction, 926 Main St, Com Remodel – Change In Use, $2,000

Jen & Jason Marble/Titan Excavation & Services, 2517 Montana Ave, Com Remodel – Change Of Use, $9,500

Residential

Frideres, Chris, 4433 Frances Ave, Res New Accessory Structure, $45,000

Ryan Mershon/Sundance Tile & Carpentry, 2019 9th Ave N, Res New Accessory Structure, $20,000

HG Design/HG Designs, 1912 W Thunder Mountain Rd, Res New Single Family, $400,000

J&S Development Co/HG Designs, 5211 Grass Mountain Rd, Res New Single Family, $400,000

Ridgewood Development LLP/Kings Mountain Builders Inc, 3395 Castle Pines Dr, Res New Single Family, $300,000

Jake Pierce, 645 Claremont Rd, Res New Single Family, $248,556

Big Sky Endeavors LLC/Emmons Building & Design Llc, 510 Omalley Dr, Res New Single Family, $332,672

L & L Construction, LLC/Lorenz Construction, 3376 Tahoe Dr, Res New Single Family, $256,894

McCall Development Inc, 1702 Annas Garden Ln, Res New Accessory Structure, $156,776

Wagenhals Enterprises Inc, 5501 First Light Cir,  Res New Single Family, $335,000

Upfront Development/ Aaron Higginbotham, 2224 Entrada Rd, Res New Single Family, $235,199

Emineth Custom Homes/Emineth Custom Homes, 3903 Pine Cove Rd, Res New Single Family, $410,000

Infinity Home/Infinity Home Llc, 1016 Beringer Way, Res New Single Family, $268,046

Infinity Home/Infinity Home Llc, 1023 Matador Ave, Res New Single Family, $201,672

High Sierra Ii Inc/Infinity Home Llc, 1019 Matador Ave, Res New Single Family, $202,845

High Sierra Ii Inc/Infinity Home Llc, 2124 Entrada Rd, Res New Single Family, $386,992

Steve Gountanis Homes Inc/Steve Gountanis Homes Inc, 5425 Burlington Ave, Res New Single Family, $320,669

McCall Development Inc/McCall Development, 1702 Annas Garden Ln, Res New Two Family, $257,568