A Profile of Montana’s High Tech Industries, March 2017
View PDF of Full 2017 Report (62 pages): 2017 MHTBA Survey – Final Report
View PDF Excerpt of 2017 Key Findings (8 pages): 2017 MHTBA Survey – Excerpt with Key Findings
A Profile of Montana’s High Tech Industries, February 2016
View PDF of Full 2016 Report (41 pages): 2016 MHTBA Survey – Final Report
View PDF Excerpt of 2016 Key Findings (4 pages): 2016 MHTBA Survey – Excerpt with Key Findings
View Press Release February 18, 2016: Montana’s High-Tech Industry is Growing Seven Times Faster than Other Sectors, Pays Wages Twice the State Average and has Salaries that are Increasing 30 Percent Faster than Other Sectors
A Profile of Montana’s High Tech Industries, February 2015
View PDF of Full Report (37 pages): HTBA Survey – Final Report
View PDF Excerpt of Key Findings (3 pages): HTBA Survey – Excerpt with Key Findings
View Press Release Feb. 17, 2015: Report-Shows-MT-High-Tech-and-Manufacturing-Growing-Eight-Times-State-Economy-2-17-15
In November 2014, the Montana High Tech Business Alliance commissioned a survey from the University of Montana Bureau of Business and Economic Research (BBER) of 101 members with high tech and manufacturing operations in Montana.
The report showed Montana’s high tech and manufacturing industry is growing eight times the rate of the Montana economy with average wages double the state’s median.
Key Findings include:
- High Tech and Manufacturing wages are twice the median earning per Montana worker.
- Projected growth of high tech businesses is 8-10 times the projected statewide growth rate.
- Respondents confirm total of $35 million Montana based capital investment projected for 2015.
- The majority of high tech businesses responding favored Montana as an advantageous environment for their business citing a high quality work force.
Among responses, the survey found that while respondents cite a high quality of life (37 percent) an advantage for employee recruitment and a subsequent quality work force as an advantage of being in Montana (26 percent), their businesses struggle to find a large quantity of skilled technology workers (31 percent).
The Montana High Tech Business Alliance is a statewide membership organization made up of nearly 250 firms.
This report on the high-tech industry in the state of Montana is the first of its kind. The MHTBA plans to conduct this survey annually.