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All eyes on energy, ag industries as 2012 dawns in Montana

The Mayans had it right. If you’re going to predict the future, it’s best to aim far beyond your life expectancy, lest you wind up red-faced in a bunker overstocked with Spam and ammo.

Patrick Barkey’s predictions aren’t as old as the Mayans, who predicted the world’s end on Dec. 21, 2012, right before the year’s last paid holiday and the first meaningful college bowl games. The Bureau of Business and Economic Research director bases his forecasts on the present and the immediate past. Most people did when asked by The Billings Gazette to look into the future.

That said, Barkey’s economic forecast was still foreboding.

"We’re headed toward the trees at end of the runway," Barkey said of the 2012 economy.

By TOM LUTEY Of The Gazette Staff

Full Story: http://billingsgazette.com/news/local/all-eyes-on-energy-ag-industries-as-dawns/article_f7ffce3d-f936-50f4-8204-1e21e7e6f31f.html

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