2022 Q4 Dakota Outlook
Welcome to the inaugural edition of the Dakota Outlook. The Dakota Outlook is a quarterly publication produced by the Dakota Institute that explores the key trends shaping the South Dakota…
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viewing: Q4-2022
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…
South Dakota Housing Costs Rising Faster than the Nation’s
While decades-high inflation has impacted almost every sector of the US economy, its most apparent effects are reflected in housing markets. South Dakota is no exception to this national trend…
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,…
What’s Driving the Inflation Bus?
On November 3, 2022 the Federal Reserve announced another 75 basis point hike in the Federal Funds rate (the overnight interest rate on interbank loans), raising its target from 3.25%…