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GFDA Quarter Index 2025Q3

 

Years MAFB USAF Airmen have been on alert 24/7/365 protecting us: 63+

Montana annual property tax estimate on phase 1 of a hyperscale data center:  $2.25 million

Average property tax paid annual on a Great Falls home: $2,436

Number of Great Falls homes property tax to equal phase 1 of hyperscale data center:  924

Touro University new medical and graduate student class: 165

Touro COM Great Falls affiliated rotation sites so far: 20

Number of research projects underway at Touro Great Falls: 71

Touro medical student local volunteer hours last year: 5,000+

National and international site selection consultants we hosted at Chicago event: 10

Montana food processing safety videos published by GFDA during quarter: 11

Total views of the safety videos in first few weeks: 533

One-on-one meetings held at APEX Great Falls GovMatch: 655+

Number of units in Bayview multi-family development in Great Falls: 92

In-depth industry market assessments released by GFDA during quarter: 2

Size of largest Pizza Ranch in world opened in Great Falls: 6,000 square feet

National Impact Awards won by GFDA during quarter: 3

Average annual wage increase in Cascade County in four quarters ending 2025Q1: 5.6%

Increase nationwide during same four quarters: 4.2%

Cascade County average annual wage in 2025Q1: $55,479

Increase in total wage earnings in Cascade County in four quarters ending 2025Q1: 5.88%

Total wage earnings increase in Cascade County for those quarters: $120 million

Active housing developments we worked with clients on during quarter: 19

Proposals submitted to state-generated primary sector leads: 3

Companies identified and added to GFDA CRM during quarter: 52

GFDA gap and bridge loans closed during quarter: $712,900

Additional GFDA gap and bridge loans approved during quarter: $1,060,680

Additional private investment to be leveraged by these loans: $2,452,826

New loan capital GFDA secured: $1,264,292

Entrepreneurs and small business (SBDC) clients advised: 189

Rural clients advised: 53

Total client advising hours: 316

Capital secured by small business advising clients: $1,001,792

Entrepreneur and small business trainings: 4

Number of training participants: 37

Indian Equity Fund training participants: 23

Government contracting (APEX) clients advised: 73

New government contracting clients advised: 28

Government contracting advising sessions: 202

Active government contracting clients at end of quarter: 290

Government contracts won by clients: $18,249,388

Government contracting trainings: 2

Number of training participants: 345

New investors joining the GFDA team during quarter: 7

Total number of GFDA Investors at end of quarter: 143

Estimated rooftops in Cascade County that are viable for solar energy: 84%

Projected compound annual growth rate 2025-2030 of global adventure tourism: 16.8%

Percentage of travelers who look for accommodations that offer a variety of experiences throughout their stay: 76%

Population without 90-minute drive of Great Falls: 178,000

Population within a 3-hour drive: 589,000

Population within a 5-hour drive: 1.4 million

Miles of fishable running water in Great Falls region: 3,700

Small businesses already using AI according to US Chamber survey: 58%

Projected 2025 AI infrastructure investments by US large tech firms: $400 billion

Estimate global investment in data centers by end 2028: $3 trillion+

Cybercriminal smartphone attacks worldwide in 2024: 33 million+

Importance of exporting – global buying power outside US: 80%

Expected NFL game wagering by Americans on legal gambling sites this season: $30 billion

Estimated U.S. annual betting through illegal or unregulated operators: $674 billion

Projected highest demand profession in US in next 10 years: Electricians

 Annual US demand for new electricians:  81,000

2024 Foreign Direct Investment (FDI) in the US:  $5.71 trillion

US consumers who say they increased their protein consumption in 2024: 60%

Increase in US imports of Brazilian beef in first half of 2025: 91%

Lowest year of U.S. beef cattle headcount since data collection started in 1973: 2025

Who produces the best beef in the world: Montana ranchers!

A U.S. comeback story – the city that got hungry enough to change

Amount of debt Detroit had amassed at time of bankruptcy in 2013:  $18+ billion

Amount of surplus Detroit had in FY24/25 audit:  $60.2 million

Recent commercial developments in downtown Detroit:  $6+ billion


For info contact Jolene Schalper at JSchalper@GrowGreatFalls.org

or 1-406-750-4481


Download PDF of Quarter Index


Our Mission

Grow diverse economic opportunities that enhance quality of life.


GFDA is a certified Community Development Financial Institution and a 501(c)3 charitable organization. High Plains Financial is a certified Community Development Corporation that offers SBA 504 loans statewide. GFDA and High Plains Financial are Equal Opportunity Employers, Lenders and Providers.


GFDA is proud to host a Montana Small Business Development Center, a Montana APEX Accelerator, and a Montana Food & Ag Development Center. GFDA is a certified Montana MicroBusiness Development Corporation.


GFDA was the first economic development organization in the Rocky Mountain West to earn accreditation from the International Economic Development Council.


For more info, click to our website.

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