Page 32 - Flathead Beacon // 9.24.14

32 | SEPTEMBER 24, 2014 ONE VALLEY,
BUSINESS MONTHLY FLATHEADBEACON.COM ECONOMIC INDICATORS
ONE VISION Kellie Danielson Fostering an
Entrepreneurial Ecosystem
UNEMPLOYMENT FIGURES
UNEMPLOYMENT RATES BY STATES (AUGUST) 14TH LOWEST: Montana 4.7%
LOWEST:
N. Dakota 2.8%
MONTANA EMPLOYMENT CHANGE BY INDUSTRY (AUGUST- SEPTEMBER)
AVERAGE GAS PRICES BY STATE
THE MONTANA WEST ECONOMIC DEVELOP- ment (MWED) board of directors completed its three-year strategic plan recently. The main strat- egy is to provide effective resources and services to assist the formation and launch of new companies and assist ex- panding companies.
The Flathead/Glacier Park region has long been a startup “community.” The majority of our region’s compa- nies have launched rather than relocated. The three main location factors for companies to relocate/expand are 1) to serve a large customer; 2) to serve a large market; and 3) the CEO or decision-maker selects where they want to live.
The MWED members have thoughtfully focused their valuable, but limited, resources towards the objective with the most bang for the buck, growing our own business. There are a few stories of companies relocating and all were because the founder/CEO desires to live in the region.
Montana West performs outreach through various for- mats to promote the Flathead as a place to do business to plant a seed to visitors that they can live, work and play here. MWED has relationships built with out-of-state in- dividuals who have expressed interest in operating their business from here. You won’t see a million dollar ad cam- paign targeted at business attraction efforts from MWED, but less expensive tactics are being deployed to connect with interested, successful business people.
One of the “events” to foster startup companies and eventually jobs is the Glacier Startup Weekend. Held last weekend at Flathead Valley Community College, near- ly 100 people in the room Friday evening networked and “pitched” in to assess and inspire business ideas, and en- courage those ideas into startup companies.
There are four new startup companies today as a result of Startup Weekend. As I reflect on the event, the support was 100 percent positive from the public and local media.
Thank you. Your enduring support for the entrepre- neurial ecosystem makes the difference.
$ 4.2 3 /gal.
GLACIER PARK INT'L AIRPORT STATS (AUG.) DEPARTURES
Sanders Kellie Danielson is president and CEO of Montana West Lincoln
Economic Development Authority and Flathead County Glacier Economic Development Authority. These organizations are Granite devoted to enhancing the economic base of Flathead County Rosebud
by identifying and supporting economic opportunities that Mineral provide quality job growth, job retention, community wealth
and increased wage base. Lake Ravalli
APPLIED MATERIAL (AMAT) GLACIER BANK (GBCI) NORTHWESTERN ENERGY (NWE) CENTURYLINK (CTL)
Introducing your construction loan team
BACK TO SC$HOOL SPECIAL BACK TO SCHOOL SPECIAL
As one of the largest lenders in the region, we’re ready to help you open the door to your new home.
100Off
DANIEL JAMES
Loan Originator ID 806895
[email protected]
406-751-2573
BRIAN PELC
Loan Originator ID 707819
[email protected]
406-751-2574
2 MAIN STREET | KALISPELL
visit your local branch or firstinterstate.com
Name: Beacon Business - Construction Loans Size: 4.74” x 2.87”
NATIONAL AVERAGE
HIGHEST:
6.1%
Georgia 8.1% 2013 SOURCE: Montana Department of Labor & Industry 2014
31,965
37,311
20,000 30,000
29,727 34,242
20,000 30,000
SOURCE: Montana Department of Transportation
Natural Resources and Mining
Construction +0.4% 0 Manufacturing -1.1%
Trade, Transportation and Utilities -2.7%
Information +2.9%
40,000
Financial Activities
Professional & Business Services
Education & Health Services
Leisure & Hospitality
Other Services
Government -0.1%
Figures do not include self-employed or agricultural employment. In total, Montana’s non- agricultural, seasonally adjusted payroll increased by 500 jobs in August.
SOURCE: Montana Department of Labor & Industry
HIGHEST UNEMPLOYMENT RATES BY MONTANA COUNTIES (AUG.)
HOUSING STATISTICS
IN FLATHEAD COUNTY (AUGUST)
Big Horn
10.3% 9.9% 9.9% 9.9%
7.1% 6.8% 6.7%
6.1% 6.0% 5.7%
DOW JONES INDUSTRIAL AVERAGE NASDAQ
S & P 500
PLUM CREEK (PCL)
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Roosevelt
0% 5%
10%
SOURCE: Montana Department of Labor & Industry
+0.1% 40.87
Listed in trading price at market closing on Sept. 22 and percent change from closing on Aug. 22.
0% 2013 2014
+2.9% +0.4% +2.1% +1.0% -2.1%
2011 2012 2013 2014
15% 20%
HIGHESTHAWAII LOWEST MISSISSIPPI MONTANA (10TH HIGHEST)
$ 3 . 0 7
$ 3 . 5 4 /gal.
0
10,000 ARRIVALS
10,000
40,000
Residential Sales Residential Land Sales Notices of Trustee Sales
123 125
14 29
63 63
152 183
51 45
24 16
MONTH IN STOCKS
/gal. SOURCE: GasBuddy.com
SOURCE: Jim Kelley at Kelley Appraisal in Kalispell
+1.2% 17,198.61
-0.4% 4,519.73
+0.2% 1,994.03
-2.8% 39.88
-0.6% 22.03
-0.07% 27.14
-3.2% 46.50