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.
Article
January 11, 2024

South Dakota’s Tax Base is Changing

South Dakota doesn’t have a personal or corporate income tax. Instead, the foundation of South Dakota’s public finance system rests heavily on sales and property taxes. This article delves into the intricacies of the sales…

Regional
Article
October 25, 2023

Are South Dakotans Ready for Student Loan Payments to Resume?

In March of 2020, the US government initiated an interest-free payment pause on student loans under the Trump Administration. This sweeping policy action affected over 40 million borrowers who were no longer required to pay…

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…

Macroeconomy - Q2-2023 Outlook Report
September 6, 2023

Momentum Holds but Economic Uncertainty Rising

Sometimes I like to think of the macroeconomy as an oceangoing container ship. There’s a lot of mass in those ships, a lot of momentum. The largest of these ships are nearly 450 yards long…

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…

Housing Article
July 12, 2023

How We Track Housing Affordability

Affordable housing has emerged as a critical issue impacting individuals, families, and communities in South Dakota and across the United States. While the overall US housing market has experienced a noticeable slowdown in recent months,…

Regional
Research Publication
June 2, 2023

CO2 Pipelines Would Significantly Impact South Dakota Economy

The South Dakota Ethanol Producers Association worked with the Dakota Institute to analyze the potential economic impacts of two large CO2 pipeline projects. The pipelines would collect CO2 byproducts of corn-based ethanol production and transport…

Consulting | Economic Impact | Regional
Population Article
May 31, 2023

Migration Drives South Dakota Population Growth

After a long climb to finally recover to its 1930 population in 1990, South Dakota’s population has risen significantly to just over 900,000 in 2022.  Most recently, between July 2021 and July 2022, South Dakota…

Regional
Housing - Q1-2023 Outlook Report
April 3, 2023

As Prices Persist, Affordability Takes a Hit

While the housing market of 2022 will be remembered for its dramatic highs and lows on a national scale, these historic swings were amplified more so in distinct regional and local markets. The South Dakota…