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 - 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…

Housing - Q4-2022 Outlook Report
November 21, 2022

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 in increased housing prices. In…

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…

Macroeconomy - Q4-2022 Outlook Report
November 21, 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% to 4.00%. The Fed is…

Publication
November 15, 2022

Dakota Outlook: Issue # 1

Welcome to the inaugural edition of the Dakota Outlook, a quarterly publication from the Dakota Institute. Every quarter our experts provide professional and informative analysis on key sectors and trends of interest to business leaders…