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  • Montana ranked 30th in what has become one of the most significant rankings of states for business. SBE Council's "Business Tax Index 2013" pulls together 21 different tax measures, and combines those into one tax score that allows the 50 states to be compared and ranked. Among the taxes included
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  • Todd Hanna has been promoted to vice president, commercial loan officer for Stockman Bank Billings Heights. His responsibilities include developing financing packages to fit the needs of each business client, as well as servicing new and existing commercial loan relationships. Hanna has been with Stockman Bank since 2001 and has
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  • Natural gas prices have increased 130 percent over a year ago, and the surplus is dwindling according to Energy-facts.org. The price has climbed from $1.85 to $4.26/mbtu, while supplies have plunged from 900 billion cubic feet to -804 billion cubic feet. Energy-facts.org opposes an "over-reliance on natural gas," because of
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  • Employer Support of the Guard and Reserve (ESGR), a Department of Defense operational committee, announced that three Montana employers have been selected as semifinalists for the 2013 Secretary of Defense Employer Support Freedom Award. The Freedom Award is the DoD's highest honor for employers that provide extraordinary support to their
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  • Through June 16, guests at MacKenzie River Pizza locations will have a chance to vote on how much each, of seven non-profit groups, should receive from a total $20,000 donation from MacKenzie River Pizza. MacKenzie will give a portion of the donation to a worthy civic group in each area
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  • Oilfield infrastructure demand in the next five years in North Dakota and Montana is expected to soar to several billion dollars based on an average yearly 225-rig drilling program that would double the production to 1.6 million barrels a day by 2017. The need for more gas processing plants, feeder
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  • Billings is well positioned when it comes to enticing companies to locate here – at least some businesses. Identifying just exactly who those businesses are was the point of a $74,000 analysis commissioned by the Big Sky Economic Development Authority, (EDA) an agency of Yellowstone County with the mission of assisting
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  • Tom Spika and Spika Welding received the first-ever "Manufacturer of the Year" award in Helena. The award was presented by the Montana Manufacturing Council, a subsidiary of the Montana Chamber of Commerce, at the biennial Trade & Manufacturing Day at the Capitol. Governor Steve Bullock attended the presentation.
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  • A Wyoming judge rejected efforts by environmental groups to open up confidential oil company records that detail information about hydraulic fracturing chemicals. In a ruling issued March 25, Dist. Judge Catherine Wilking in Casper backed up the Wyoming Oil and Gas Conservation Commissioner, whose supervisor has refused to release chemical
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  • MRL Equipment Company, Inc., of Billings, has been named Montana's 2012 Exporter of the Year. The announcement was made during the Manufacturing & Trade Day at the State Capitol, by Governor Steve Bullock and members of the Montana District Export Council.
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  • First Monthly Decline in Retail Sales since October 2012 - Consumers cooled spending in March as the impact of colder weather across the country and harmful fiscal policy, namely the payroll tax hike, caught up to the economy and weakened retail sales. According to the National Retail Federation (NRF), the world's
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  • Billing's businessman, Steve Wahrlich, was among three statewide tourism award winners honored by the Montana Tourism and Recreation Industry at the 2013 Montana Governor's Conference on Tourism and Recreation, in Helena, March 24-26. Tourism award winners are selected for their outstanding contributions to Montana's tourism industry. Wahrlich, owner of the
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  • Plante Moran Cresa, a real estate consulting firm representing Elizabeth Zeiler, announced that the City of Billings, has approved the annexation and rezoning of the 63.32 acre farm located at 1236 Mullowney Lane along Highway 90. The Zeiler family has owned and operated the farm for nearly 100 years and
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  • Philipsburg is looking for a few good families. The tiny Montana Silver Rush town (pop. 840) is seeking its next wave of pioneers, this time the New Millennium kind. The local Rotary Club and other community leaders have launched a yearlong media campaign targeting the growing members of the new
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  • Medicaid Expansion The Montana Chamber held a teleconference with the full Board of Directors to discuss proposals to expand Medicaid to individuals and families under 138 percent of the Federal Poverty Level via funding from the Patient Protection and Affordable Care Act. The Chamber discussed the pros and cons of
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  • Livingston HealthCare and Billings Clinic signed a formal affiliation agreement culminating a thoughtful process to structure a new governance arrangement between the two organizations. In the new arrangement, Billings Clinic will continue providing management services for Livingston HealthCare as it has for the past 11 years. Additionally, Billings Clinic will
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  • Green technology is on the horizon, and in one of the most unlikely places; the Bakken oil patch. Innovative Montana co-founders of the Billings business G2G Solutions (Gas to Green) have created an ingenious solution for one of the Bakken's "hottest" issues—flared gas. Helena's Mark Peterson took time from his
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  • Construction of the Dakota Prairie Refinery began March 26 with a groundbreaking ceremony held by the developers, MDU Resources Group, Inc. and Calumet Specialty Products Partners, L.P. Construction of the diesel refinery, on a 318-acre site located west of Dickinson, N.D. is expected to take approximately 20 months. The refinery
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  • Construction employment increased in 145 out of 339 metropolitan areas between January 2012 and January 2013, declined in 141 and was stagnant in 53, according to a new analysis of federal employment data released recently the Associated General Contractors of America. Association officials noted that after years of declining construction
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  • CHS, Inc. will spend $15 million for a seven-mile crude pipeline at Buffalo, Montana to connect with Kinder Morgan's Express Pipeline, which will increases access to Canadian crude oil for its refinery in Laurel. Construction will start this summer on the line and associated equipment and is expected to be
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Texting More Than Doubles in Last Year

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How r u? The way we communicate is rapidly evolving, as evidenced by the fact that the number of text messages sent on cell phones has more than doubled from 48 billion in 2007 to 110 billion in 2008, according to the U.S. Census Bureau’s Statistical Abstract of the United States: 2010.

The Statistical Abstract, aka “Uncle Sam’s Almanac,” perennially the federal government’s best-selling reference book, has been published since 1878 — before automobiles, airplanes and motion pictures had even been invented. Contained in the 129th edition are more than 1,400 tables of social, political and economic facts which collectively describe the state of our nation and the world. Included are 53 new tables, covering topics such as worldwide space launch events this decade, the use of complementary and alternative medicine, the type of work flexibility provided to employees, employment status of veterans and road fatalities by country.

Highlights include:

Don’t read all about it …

—The number of daily newspapers declined from 1,480 in 2000 to 1,408 in 2008. Likewise, the average number of daily newspapers sold dropped from 55.8 million copies in 2000 to 48.6 million in 2008. (Table 1098)

Surfing … at the library

—In 2007, the nation’s 16,604 libraries collectively had an average of 12.5 public-use computers connected to the Internet per library. In Florida libraries there were an average of 24.4 computers and in Maryland libraries there were an average of 19.4 public-use computers connected to the Internet and were well above the U.S. average. At the other extreme, Vermont and Maine libraries each had averages of 4.7 and 4.9 Internet-connected computers per public library.

Can you hear me now?

—In 2007, the average consumer spent $1,110 on telephone services.

Residential telephone and pay phone services made up 43 percent of total expenditures, with cell phone service comprising 55 percent and phone cards and pager services making up the remaining  2 percent.

—In 2008, there were more than 270 million cell phone subscribers; they paid an average monthly bill of $50 with the average call lasting 2.5 minutes.

Armed and dangerous

—In 2007, 6 percent of all students reported carrying a weapon on school property at least once during the previous month: 10.2 percent of males and 2.6 percent of females.

—Violent crime per 100,000 population decreased from a rate of 597 in 1980 to 467 in 2007. Property crime per 100,000 population decreased from a rate of 5,353 in 1980 to 3,264 in 2007.

The economic downturn

—In 2008, 8,263 mass layoff events were reported — up from 5,363 in 2007.

This situation occurs when an employer has at least 50 unemployment insurance claims lasting at least 31 days filed against them.

—The value of private construction put in place decreased from $850.1 billion in 2007 to $766.6 billion in 2008.

—In 2008, retail sales decreased for the first time in this decade: from a high of $3,995 trillion in 2007 to $3,960 trillion.

—Sales of consumer electronics are expected to drop nearly 8 percent in 2009, from a total of $178 billion in 2008 to a projected $165 billion.

gotta play to win … and you gotta eat

—Despite the economic downturn, we’re gambling and eating out more …

—Lottery sales increased from $52.4 billion in 2007 to $53.4 billion in 2008, with $30.4 billion in sales for instant scratch-off tickets.

—Revenues from food and drinking places rose from $438 billion in 2007 to $453 billion in 2008.

Flextime

— In 2008, 37% of employers allowed all or most employees to periodically change starting and quitting times. 8% of employees were permitted to compress the workweek by working longer hours on fewer days, 8% to share jobs, 57% to return to work gradually after childbirth or adoption.

 

 

 


The Big Sky Business Journal
P.O. Box 3262
Billings, MT 59103