Montana Economy

About half of Alabama

Montanas largest industries are agriculture (including both crops and livestock), travel and tourism, timber, and mining. Livestock and wildlife actually outnumber the people in Montana; there are three cows for every person in the state! The state also has the largest grizzly bear population in the US, and the largest elk herd in the US. Other leading agricultural commodities are wheat (ranking fifth in the United States), barley, dairy products, sugar beets, hat, hogs, sheep and lambs. The state is large and sparsely populated, and the economy has always depended upon the areas natural resources. The vast, open plains are perfect for grain farming, and for providing grazing land for large herds of beef cattle.

In addition, the land also contains natural resources under the ground in the form of oil and gas fields and rich coal deposits. Mining in the state of Montana includes coal production, petroleum, precious metals and natural gas.

The more mountainous areas of western Montana support a strong industry in timber and wood products manufacturing. The mountains are also a source of minerals for mining.

More recently, Montana has been diversifying its economy and relying less on its natural resources. Tourism is becoming more important to the state and now ranks second in terms of its financial contribution.

Montana Economic Information from Teachersfirst.com

Featured Montana Home Mortgage Providers

Guide to New Home Loans

Todays low interest rates wont last forever, so take advantage while you still can. At GuidetoLenders.com, lenders will battle for your business. Get competitive loan quotes from up to four lenders. All credit types are OK, and theres no cost and no-obligation.

Click here for details

Countrywide Home Loans

Homeowners with less-than-perfect credit may get cash from their homes equity through Countrywide Home Loans. Complete our form today and receive a free home loan consultation.

Click here to learn more.