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Montana’s economic performance in 2020 will go down as the worst in its post war history, but economists say a flood of federal relief dollars have largely buoyed incomes and the state’s recovery from the COVID-19 pandemic. The Bureau of Business and Economic Research at the University of Montana held its annual economic outlook seminar this week and told the story of Montana’s industries.
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Agricultural economists project Montana’s farmers and ranchers will receive more than $535 million in government payments by the end of this year. That’s a 65 percent jump over 2019.