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A look into the inner-workings of Headwaters Economics.
Our FloodWise program staff were recently in Miles City, MT to present an Operations and Financial Snapshot to the City Council as they seek new funding strategies for projects that can reduce flood risks. Miles City is an historic Montana town where the Tongue River meets the Yellowstone River and well worth the visit!
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On July 10 our executive director Patty Hernandez presented to 80 state legislators at the Council of State Governments West annual meeting on a wildfire resilience panel. Her top points: smaller communities especially need resources, technical assistance, and flexibility to protect homes from wildfire; updated codes and ordinances must be prioritized to make homes wildfire-resistant; and on-the-ground risk reduction can help rebalance insurance markets in a future of more frequent, intense wildfires.
Panelists also included Tyson Bertone-Riggs from Alliance for Wildfire Resilience and Eric Horn from Megafire Action.
CPAW helped 25 communities adopt Colorado’s Wildfire Resiliency Code. Headwaters Economics’ Ryan Handy shares the details on this program.
Kris Smith is just back from 2026 Montana Rural Summit in Townsend where about 150 funders, elected officials, and service providers gathered to discuss the state of rural Montana. Kris and Dr. Julia Haggerty of Montana State University presented a draft of their State of Rural Montana report that drew extensive feedback and participation from attendees. Thank you MSU Extension for hosting!
Headwaters Economics partnered with the State of Vermont to build an online dashboard that highlights the impacts of outdoor recreation across the state. The CORE Data Dashboard shows visitation patterns, spending profiles, and other research to help local leaders understand trends and direct investments.
Our Rural Capacity Index (RCI) just got a significant update. The tool measures how well communities are equipped to compete for funding and manage long-term infrastructure projects. New features include refined data, a search bar to find any community in the country, and state-level capacity ratings. The RCI is used by agencies, funders, and local leaders as they work to distribute resources and other assistance to places that need it most.
We have just updated our webpage that tracks the number of structures lost to wildfire in the United States. The latest figures show that wildfires have destroyed more than 132,400 homes, businesses, and other structures since 2005. Explore the data by state, most destructive fires, and more.
We have updated our webpage that tracks the size and growth of the outdoor recreation economy in every state with the latest data from the Bureau of Economic Analysis of the U.S. Department of Commerce. Explore charts and interactive graphics that show how much this $1.3 trillion sector contributes to each state’s GDP, job growth, and more.
Last week, Headwaters Economics Executive Director Patty Hernandez moderated the plenary panel at The State of Disaster Recovery in Rural America: A Candid Expert Conversation, a convening hosted by Margaret A. Cargill Philanthropies, the Center for Disaster Philanthropy, and Headwaters Economics.
(more…)Headwaters Economics’ FloodWise program has been a partner with the City of Glendive since 2021. This great coverage of the West Glendive levee project highlights the potentials and challenges for rural communities as they look to reduce flood risks:
Glendive considers $4.9 million levee bond to reduce flood risk and revive economy
KTVQ-TV (Billings, MT), March 10, 2026
Patty was at the Association of Montana Floodplain Managers annual meeting yesterday in Great Falls where she accepted the Floodplain Program Ambassador award in recognition of the work Kris, Bridget, and the rest of the FloodWise team have done supporting Glendive and Dawson County, Three Forks, Musselshell County, Livingston, Petroleum County, and Montana DNRC. Thanks to Tracy Sears, the State Community Assistance Program Coordinator, for her heartfelt words about what the partnership has meant to Montana communities. We’re proud of this program!
Our CPAW team has been busy working across Colorado, Hawaii and other states refining their approaches to wildfire, but this month they were closer to home. Ryan Handy briefed the Montana Legislature’s Environmental Quality Council on wildfire risks. And just days later, Kimi Barrett shared insights on wildfire and insurance challenges with the Economic Affairs Committee. Smarter wildfire policy is taking shape.