State of state’s economy topic of MC seminar

The Annual Economic Outlook Seminar Series will be in Miles City on Wednesday March 15 at the Sleep Inn. The event begins at 8 a.m. and ends at 1 p.m.

The event aims to give an overview of the economic outlook for different areas in Montana and the United States, including the local area. 

The Bureau of Business and Economic Research (BBER) from the University of Montana has been doing the outlook presentations for over 40 years.

This year’s keynote address is titled “The High Wage Jobs Puzzle — Finding Montana’s Place in the New Geography of Jobs.” It will address the brain drain, where well-trained Montana graduates venture out of state to find work with developed industries. 

“This program examines what these changes might mean for Montana’s economy,” BBER Associate Director Bryce Ward said in a press release.

“It also questions if Montana, particularly its entrepreneurs, can figure out how to develop a more robust knowledge economy — an economy that allows more of Montana’s young, creative and ambitious people to remain in the state,” Ward said.

The event will also address the possible state budget reductions. 

Tracy Baker, the executive director the Miles City Area Economic Development Council (MCAEDC), encourages the community to attend the event.

“Personally, it’s a very well-put-together seminar. Very informative,” Baker said in a phone interview. She said she has attended several outlook seminars while previously working for Mid-Rivers Communication.

BBER is the main research group from the University of Montana’s School of Business Administration.

According to a press release, the registration cost is $85. That includes a USB drive loaded with the PowerPoint presentation slides, a book of the PowerPoint slides, lunch and a one-year subscription to Montana Business Quarterly

For more information or to register, visit www.bber.umt.edu or call 406-243-5113.