Page 30 - Flathead Beacon // 5.27.2015

30 | MAY 27, 2015
ONE VALLEY,
BUSINESS MONTHLY FLATHEADBEACON.COM ECONOMIC INDICATORS
AVERAGE GAS PRICES BY STATE
ONE VISION Kellie Danielson The Payoff of Investing
in Our Communities
UNEMPLOYMENT FIGURES
IHAVE OFTEN WRITTEN ABOUT THE UNEMPLOYMENT RATES BY STATES (MARCH) philosophical economic development strategy sup-
ported by stakeholders in the Flathead. This strategy 14TH LOWEST: Montana 4.1% implemented by Montana West Economic Development
HIGHESTCALIFORNIA LOWEST S. CAROLINA MONTANA (14TH LOWEST)
$ 3.7 8 /gal.
supports an entrepreneurial culture or ecosystem for the
purpose of creating jobs. The majority of the businesses
that employ Montanans are homegrown. Why? The found-
er of the business wants to live in Montana. The quality of
life in Montana is a critical people/talent-attraction driver.
Continuing to improve the “product” is a necessary on-go-
ing commitment. What I mean by improving the product NATIONAL AVERAGE is taking care of where we live-improving safety, assisting 5.5% tired downtowns with the tools to transform into places
investors will notice, providing infrastructure to meet
growth and regulation burdens, and supporting the amaz-
ing amenities that draw and retain people. MONTANA EMPLOYMENT CHANGE
2014 2015
0
0
11,657 12,154
5,000 10,000 15000
20,000
All three cities in the Flathead are supporting redevel- BY INDUSTRY (MARCH TO APRIL)
opment in the hearts of their downtowns. No one is going Natural Resources and Mining
to be as interested in keeping the infrastructure working
and safe, or transforming tired neighborhoods or business Construction 0% districts as the local citizen. If local citizens have avenues Manufacturing -.5% to invest into their local product, as Whitefish did with sus- Trade, Transportation and Utilities +0.3% taining water for the citizens (and the millions of visitors) Information -3.0% through their resort funding, local residents can identify Financial Activities -1.9% priorities and improve infrastructure. Continuing to not Professional & Business Services +2.0% make decisions and push the infrastructure to the brink of Education & Health Services -0.1% failing drags our economy and competiveness down. Leisure & Hospitality -0.7%
When would-be-business-founders or investors are Other Services +1.1% touring an area scouting a place to live or root their busi- Government +0.1%
ness idea, they look for a “place” that is vibrant with ener-
gy. If locals desire a vibrant, energetic economy that is sus- Figures do not include self-employed or agricultural employment. In total, Montana’s non-
Mineral 9.5%
ARRIVALS
tainable, then they have to want it, support it, and invest
in it. Community leaders who invest today in their prod-
uct will position their communities as a place of choice HIGHEST UNEMPLOYMENT RATES for talented entrepreneurs and employees. Advisors tell BY MONTANA COUNTIES (MARCH) people with ideas to create a business plan that describes
what they are going to do and how they are going to do it; to Lincoln 12.1%
create a vision of what the business will achieve. The busi- Glacier 10.5%
ness plan lures investors to fund the business or attracts
key employees. The same concept is true for our com- Sanders 10%
munities; creating a vision and then following through is
critical to becoming a magnet for business investment and
thriving startups.
MONTH IN STOCKS
DOW JONES INDUSTRIAL AVERAGE +1.2% 18,270.75 NASDAQ +1.2% 5,099.76 S & P 500 +1.0% 2,130.35 PLUM CREEK (PCL) -1.6% 41.62
Instead of spinning our wheels and waiting to see what happens, I vote to make things happen. I for one don’t be- lieve the federal government resources should be our most sought out source of funding for infrastructure investment. Often they are, and that is why our infrastructure is tired.
KellieDanielsonisCEOandpresidentof Montana West Economic Development.
APPLIED MATERIAL (AMAT) -9.5% 20.19
home health agency providing Home Health and
CALL ABOUT
Partners In Home Care is a nationally accredited home health care organization providing full spectrum home health services throughout Missoula and Lake County.
ENERGY TAX CREDITS
• Home Health • Hospice
• Infusion Therapy • Home Medical Equipment • Home & Community Based Services
Polson | 406-883-8412
1-14th Ave. West 59860
294 2nd Ave WN Kalispell 257-1341 www.airworksmt.com
Missoula | 406-728-8848
2687 Palmer Street, Suite B 59808
HIGHEST:
LOWEST:
Nebraska 2.6%
SOURCE: Montana Department of Labor & Industry
Nevada 7.7%
agricultural, seasonally adjusted payroll decreased by 500 jobs in March. The Beacon went to print before the April stats were released.
SOURCE: Montana Department of Labor & Industry
Petroleum
Big Horn
Granite 7.1% Phillips 6.9% Flathead 6.8%
Partners in Home Care is a nationally accredited
Ravalli
0%
6%
28.05 NORTHWESTERN ENERGY (NWE) -.02% 52.60
5%
10%
15%
20%
CENTURYLINK (CTL)
-6.5% 33.91 • Home Health
7.9% 7.8%
+1.1%
2014
2015
12,389 12,934
$ 2 . 4 1
$ 2 . 5 4 /gal.
SOURCE: GasBuddy.com
GLACIER PARK INT'L AIRPORT STATS (MAR.) DEPARTURES
Residential Sales Residential Land Sales
2012 2013 2014 2015
233 236 237 271 49 92 107 96
SOURCE: Jim Kelley at Kelley Appraisal in Kalispell
5,000 10,000
15,000 20,000
SOURCE: Glacier Park International Airport
HOUSING STATISTICS
IN FLATHEAD COUNTY (JAN.-MAR.)
GLACIER BANK (GBCI) +8.2%
Hospice services in the Missoula and Polson areas.
SOURCE:MontanaDepartmentofLabor&Industry MonthinStocks:ListedintradingpriceonFriday•,MHayo2s2paincdepercentchangefromclosingonApril22. • Infusion Therapy
• Home Medical Equipment
• Home & Community Based Services
888-729-8848 www.partnersinhomecare.org
Missoula | 406-728-8848 Polson | 406-883-8412
2687 Palmer Street, Suite B 59808 1-14th Ave. West 59860
888-729-8848 www.partnersinhomecare.org
/gal.