Cold-water fishing generated about $1.1 billion in trip-related expenditures. More than 70 percent of the cold-water fishing expenditures came from nonresident anglers. While the total economic output was lower for warm-water fishing, it still supports steady economic activity on a more local level. View the full report here:www.bber.umt.edu/pubs/econ/MT-Fishing-Econ-Impact.pdfThe Bureau of Business and Economic Research is a research center located in UM’s College of Business. BBER researchers engage in a wide range of applied research projects that address different aspects of the state economy, including survey research, economic analysis, health care research, forecasting, wood products research and energy research.