Business
Total 184 Posts
Worker shortage in South Dakota could raise wages but deter economic growth
South Dakota businesses in the midst of a vigorous post-pandemic economic recovery are scrambling to attract new employees from what has become a limited pool of potential workers.
The vast number of open positions and reduced available workforce are the latest wrinkles in the state economy caused by the COVID-19
Inventory way down, prices way up in booming used car market in South Dakota
SIOUX FALLS, S.D. – Several economic outcomes from the COVID-19 pandemic have coalesced to create a booming used auto sales market in South Dakota, resulting in low vehicle inventories, strong consumer competition for cars and skyrocketing prices.
Good used cars at affordable prices are hard to come by and they
Economists: Eliminating sales tax on food would aid low-income families in South Dakota
Charging sales tax on food purchases is regressive by nature but is especially unfair to low-income South Dakotans who already spend a disproportionate amount of their income to meet basic needs, two prominent South Dakota economists said.
Eliminating the sales tax on groceries could help alleviate some of the financial
New poll reveals economic pessimism and dissatisfaction with democratic institutions
As the state emerges from the COVID-19 pandemic, some residents of South Dakota are uneasy about what life holds for future generations and have only limited confidence in the effectiveness of some democratic institutions.
The findings are part of a large set of results from a recent poll of 500
Frenzied housing market putting homeownership out of reach for some South Dakotans
Historically low interest rates, a rush of out-of-state homebuyers, limited inventory and higher construction prices for new homes have made for a frenzied housing market that has put homeownership further out of reach for some South Dakota residents.
The highly competitive housing market is leading to a range of outcomes
Arena operators in South Dakota hope financial losses from COVID-19 are now behind them
Civic centers and arenas across South Dakota suffered significant financial losses during the COVID-19 pandemic but are seeing indicators of the potential for a return to profitability.
Auditoriums sat empty for a few months or more in the early days of the pandemic in early 2020, and bookings remained slow
After tough 2020, SD tourism industry hopes for big bounce back in 2021
South Dakota tourism officials and operators are happy to see a tough 2020 in the rearview mirror, and even happier to look forward to what could be a banner year for visitors and spending in 2021.
Aside from some pockets of unexpected prosperity in 2020 — in tourist activities focused on