Financial ripple: Outfitters protect fishing resources to preserve industry with big economic impact

Montana’s fishing economy posted a substantial impact in 2024, with angling contributing about $1.27 billion to the state’s economy, according to a University of Montana study prepared for Montana Fish, Wildlife and Parks and published in August 2025. The report highlights Montana as a bucket‑list destination for native and wild trout fly fishing and emphasizes that the health of waterways underpins guiding and outfitting businesses. Hilary Hutcheson, a renowned fly fisher and outfitter, underscores the region’s unique aquatic heritage and its global appeal. The study differentiates cold‑water fishing, which targets trout, salmon, grayling and whitefish and tends to involve longer trips and higher lodging, guides, and dining, from warm‑water fishing, which is driven by residents and centers on gear and retail. Nonresidents spend more on average due to travel costs, with licenses costing about $3,923 annually and accommodations at $1,490; outfitter/guide fees at $704 and restaurants at $436.