2024 Q1 Dakota Outlook
South Dakota is off to a great start in 2024. Employment growth is strong, incomes are rising, and the state’s strong economy is attracting new workers and residents from across…
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viewing: Q1-2024
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…
Assessing Housing Dynamics in a Historic Market
Over the past four years, the US housing landscape has undergone a significant transformation, characterized by historic listing price growth, an escalating race for space, and dramatic concessions for emerging…
What’s Driving Property Tax Changes in South Dakota?
In South Dakota, property taxes make up around 75% of local government tax revenue and about 25% of the overall state and local tax revenue (U.S. Census Bureau 2021 Annual…
New Insights into South Dakota’s Population Change
Domestic Migration Domestic migration is a key driver of population growth in South Dakota. As noted in last spring’s article on population change, South Dakota has largely experienced positive…