In 2020, Montana generated around $3.7 billion in agricultural cash receipts with the highest valued commodities being cattle and calves, wheat, and hay. That same year, the value of Montana’s agricultural production and processing industries represented 4.9 percent of total state GDP.
What does Montana produce the most of?
Producing a wide range of commodities, wheat and beef top Montana’s list. However, you’ll also find sweet cherries, sugar beets, seed potatoes and hay, to name a few. Montana is a national leader in the production of certified organic wheat, dry peas, lentils and flax, and ranks No.
What is Montana known for economically?
Montana’s economy is dominated by the primary sector—agriculture, forestry, mining, and energy production—and by services. About one-third of the state’s workforce is employed in the service sector. The outdoor recreation industry has become important, and some high-technology industries have come to the state.
What is Montana’s biggest industry?
Montana’s industry with the highest average annual wage is Mining, followed by Financial Activities and Construction.
What resources does Montana produce?
Sources of information
Montana is the only producer of palladium & platinum. Leads in talc production & is a major producer of copper/molybdenum, garnets, silver.
What is Montana’s biggest export?
Made-in-America Manufacturing Exports from Montana and Jobs
The state’s largest manufacturing export category is chemicals, which accounted for $311 million of Montana’s total goods exports in 2018.
What is Montana known for?
Montana is known for:
- Yellowstone National Park.
- Bighorn Mountains.
- Wildlife.
- Sapphires.
- Rich deposits of minerals.
What is Montana source income?
In general, all income from work performed in the state, real or personal property located in the state, and business conducted in the state is Montana source income.
Does Montana have a strong economy?
Montana has the 8th fastest GDP growth among states over both the last five years and ten years (ending in 2013), and Montana’s GDP growth was faster than the U.S. average in every year since 2000, except for 2012.
What is the racial makeup of Montana?
Race and ethnicity (White alone 61.6%; Black alone 12.4%; Hispanic 18.7%; Asian alone 6%; American Indian and Alaska Native alone 1.1%; Native Hawaiian and Other Pacific Islander alone 0.2%; Some Other Race alone 8.4%; Two or More Races 10.2%). Diversity Index (61.1%, up from 54.9%).
What is the most common job in Montana?
What Are the Most Popular Jobs in Montana?
- Office and Administrative Support Occupations with 67,620 employed.
- Sales and Related Occupations 49,960 employed.
- Food Preparation and Serving Related Occupation 46,030 employed.
- Healthcare Practitioners and Technical Occupations 29,340 employed.
What are the two largest industries in Montana?
In 2021, the finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product of Montana. That year, this industry added about 8.63 billion chained 2012 U.S. dollars to the GDP of Montana.
Is it cheaper to live in Montana?
According to MERIC data in the third quarter of 2021, Montana ranks 30th when it comes to cost of living. That means Montana is more expensive to live in than half of the country. If you have your heart set on living in the Rocky Mountain region, Wyoming is a much more affordable option, ranked 18th on the same list.
Does Montana have oil?
Montana ranks 12th in oil production and 20th in natural gas production nationally, and is the 14th largest consumer of energy per capita.
How does Montana make electricity?
Coal-fired power plants provided the largest share of Montana’s electricity generation in 2021, accounting for 43% of in-state electricity, followed by hydropower at 41%, wind power at 12%, natural gas at 2% and petroleum coke at nearly 2%.
Where does Montana coal go?
About half of Montana’s coal production was sent to other states, mainly by rail to Minnesota, Michigan, and Washington, for electricity generation. The remaining one-fifth was exported to other countries, mostly to western Canada, where much of it continued on to Asia.
What is Montana’s biggest import?
Below are Montana’s top 10 import products highlighting the state’s highest spending on foreign-made goods in 2020.
- Crude petroleum oils: $2.2 billion (55% of Montana’s total imports)
- Miscellaneous platinum scrap: $318 million (8%)
- Urea: $83 million (2.1%)
- Coniferous wood sawn or chipped lengthwise: $78 million (2%)
What is Wyoming’s biggest export?
The state’s largest manufacturing export category is chemicals, which accounted for $1.1 billion of Wyoming’s total goods exports in 2018.
What makes Montana special?
Montana is home to the most number of golden eagles in the United States of America. Butte, a city in Montana, has a rich mining history and is known as the richest hill on Earth. The first national park in the world, Yellowstone National Park is situated in Montana.
Who is a famous person from Montana?
Actors
| Name | Lifetime | Montana connection |
|---|---|---|
| Scott Michael Campbell | 1971–present | Born in Missoula |
| Dana Carvey | 1955–present | Born in Missoula |
| Gary Cooper | 1901–1961 | Born and raised on a ranch near Helena |
| Walter Coy | 1909–1974 | Born in Great Falls |
What are 5 interesting facts about Montana?
65 Interesting Facts About Montana
- Montana is the 43rd most populous and the 4th most extensive of the 50 states of the United States.
- The name Montana has a Spanish origin.
- The motto of Montana is “oro y plata” and this means “gold and silver” in Spanish.
- Butte, Montana is called the “richest hill on planet earth”.