The Backyard Economy: Montana

A Look at the Treasure State's Economic Issues

By CHRISTINE BYUN
ABC NEWS Business Unit

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Bolstered by its natural resources and a tight labor market, Montana is predicted to stave off any slowdown.
"Are we feeling effects from a national recession? Yes, but we'll be OK because of strong employment and income growth, and also because commodity and ag prices are remaining strong," predicted Paul Polzin, an economist with the University of Montana. "The state consistently outperforms the nation in growth."

Montana, aptly nicknamed the Treasure State, is sustained by its wealth of natural resources and commodities, and the recent strength of its export industries. The state boasts an unemployment rate lower than the…

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Question: The Lessee (Tenant) asked why do I also pay rent for the common area instead of just CAM charges?

Answer: The base rent charged for the office suites in the building is a reflection of the Lessors' (Landlord) desired return on and of his investment in the building. In many cases, the Lessor’s investment in the common areas is greater than in the leased office suites. Common areas typically include fully handicapped bathrooms, elevators, fire/life safety elements, and many times above standard finishes. All of this adds to the overall cost of the building and must be included when calculating his return on investment.

Rentable vs. Usable: This is an area that always comes up when calculating the cost of office space. Usable square feet are…

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Livingston:  Another Top 10 ranking

People seem to love Top 10 lists.  It is considered the “ultimate rating” compliment when your state or town receives some well-deserved recognition.  There are so many reasons why Montana has been deemed “The Last Best Place” (a household term to most of us in Montana since the release of an anthology by the same name in the late 1980s), and recently our nearest neighbor to the east has received kudos by being included in yet another Top 10 list.

Livingston received the #6 ranking in a guide titled “101 Best Outdoor Towns: Unspoiled Places to Visit, Live & Play” released by The Countryman Press.  The authors traveled the 50 states to explore varied criteria regarding what makes a top-notch “outdoor” town.  Not only…

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