Billings is the largest city in the US state of Montana, and is the principal city of the Billings Metropolitan Area with a population of 165,361. It has a trade area of over half a million people.
Billings is located in the south-central portion of the state. The city is experiencing rapid growth and a strong economy; it has had and is continuing to have the largest growth of any city in Montana. Billings has avoided the economic downturn that affected most of the nation 2008–2012 as well as avoiding the housing bust. With the Bakken oil play in eastern Montana and western North Dakota, the largest oil discovery in U.S. history, as well as the Heath shale oil play just north of Billings, the city's already rapid growth rate is escalating.
Billings was nicknamed the Magic City because of its rapid growth from its founding as a railroad town in March 1882. The city is named for Frederick H. Billings, a former president of the Northern Pacific Railroad. With one of the largest trade areas in the United States, Billings is the trade and distribution center for most of Montana, Northern Wyoming and western portions of North Dakota and South Dakota. Billings is also the retail destination for much of the same area. With more hotel accommodations than any area within a five state region, the city hosts a variety of conventions, concerts, sporting events and other rallies.