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.
Wages & Income - Q3-2024 Outlook Report
October 1, 2024

Just How Much is Inflation Impacting Teacher Pay in South Dakota

This article provides an overview of recent trends regarding teacher pay in South Dakota. New and existing teachers looking for work in South Dakota may find it a useful reference when contemplating where to live…

Regional
Wages & Income - Q2-2023 Outlook Report
September 6, 2023

Real Incomes and Hourly Earnings on the Rise

South Dakota’s personal income growth was strong in the first quarter of 2023, with its 5.1% inflation-adjusted annualized growth rate more than four times the national growth rate. Part of the rapid growth reflected a…

Wages & Income - Q1-2023 Outlook Report
April 3, 2023

Inflation Continues to Erode Earnings

Workers in the private sector saw their average hourly earnings fall by $0.75 from December 2021 to December 2022 when controlling for inflation, according to recently released data from the Bureau of Labor Statistics (Current…

Wages & Income - Q4-2022 Outlook Report
November 21, 2022

High Inflation Leads to Negative Income Growth

South Dakota real (inflation-adjusted) personal income is trending downward in 2022 after growing each year between 2017 and 2021.  While the state experienced growth in the first quarter of 2022, the inability to keep up…