The sixth migration
Copyright © 2024 PCP. All Rights Reserved.
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Our development strategy targets markets that benefit from the current population migration trend: high-income professionals seeking improved quality of life. We are proud to publish this treatise on migration and the flight to natural amenity markets.
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Below is an excerpt of the full publication, followed by a link to a deep dive study on Bozeman, mt
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Quaternary sector GDP Growth
Economic output driven by Data & technology industries requires a more educated population that demand higher incomes. The result is a fly-wheel of job creation and in-migration
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The Mountain West and Pacific Northwest have experienced the largest growth of Quaternary Sector output over the past 10 years
BOZEMAN
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6th MIGRATION: GALLATIN COUNTRY AND BOZEMAN MONTANA
THE ECONOMIC VIABILITY OF GALLATIN COUNTY AND BOZEMAN: MACRO TRENDS
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Authored in collaboration with Richey Piiparinen and Jim Russell
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The economic footprint of Gallatin County, MT—the county seat of which is Bozeman—is measured by its Gross Domestic Product (GDP), defined as the total value of goods produced and services delivered. GDP is an upstream source of a place’s economic viability, from which all downstream economic activity, including commercial real estate, flows.