Report: High-tech industry thrived in Montana during pandemic

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Sherri Davidoff, the founder of LMG Security in Missoula, said employees are spending more time with their families, have less jet lag and the company has fewer travel-related expenses by working remotely.

TOM BAUER, Missoulian David Erickson

Montana’s high-tech industry overcame and even took advantage of the economic shifts that occurred in the pandemic, according to a new report from economists at the University of Montana.

The tech sector in the state generated $2.9 billion in revenues in 2020, $400 million more than the previous year, per data from the Bureau of Business and Economic Research.

“We were pleasantly surprised to see growth in the industry continue despite the effects of Covid-19,” said Christina Henderson, the director of the Montana High Tech Business Alliance, a nonprofit trade association that represents about 250 companies.

There are another 350 high-tech firms in the state that are not members of the Alliance, Henderson said.

Economists John Baldridge and Janet Stevens surveyed 100 Alliance firms and 95 nonmember firms for their report, which can be

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