Expert
Research & Analysis

The economic landscape is always changing. Understanding the short- and long-term trends that shape our economy is crucial for long-term success. Our experts track and analyze the most important trends and forces that shape the state and region and share their insights here.
Dive into our free analysis of trends and economic conditions in the region.
Labor Force - Q1-2024 Outlook Report
April 12, 2024

Is South Dakota’s Labor Market Back to “Normal”?

Between February 2020 and March 2020, South Dakota lost 44 thousand employees, making up 10% of the total nonfarm workforce. This extreme labor shock sent ripples through the economy, and many wondered whether we would…

Labor Force - Q2-2023 Outlook Report
September 6, 2023

Labor Markets Continue to Run Hot

The labor market outlook continues to defy gravity. In our last issue, we shared how national and state labor markets generally outperformed expectations. We also discussed historic data revisions that indicated labor markets were healthier…

Labor Force - Q1-2023 Outlook Report
April 3, 2023

New Data Shows a Tight Labor Market

This issue of the Dakota Outlook introduces two substantial revisions that affect data previously reported in the forecast table. The first revision reflects a change in our reporting practices, while the second stems from data…

Labor Force - Q4-2022 Outlook Report
November 21, 2022

The Labor Shortage is Real But Don’t Blame Quiet Quitting

The US labor market has spent most of 2022 ignoring any warnings about economic slowdowns. Employment growth and job creation have been at multi-decade highs through much of the post-pandemic period, and labor markets remained…