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.
State & Regional - Q4-2025 Outlook Report
November 5, 2025

From Fields to Finance: South Dakota’s Economic Landscape in Early 2025

South Dakota’s economy surged 5.2% in the second quarter of 2025, rebounding sharply from a 3.1% contraction just months earlier. This volatile pattern—from downturn to recovery in just six months—reveals the dual nature of the…

Population - Q4-2025 Outlook Report
November 5, 2025

Migration and Income Flows in South Dakota

Migration is a key component of population change. It is typically more volatile than natural increase and can be a significant indicator of the relative economic strength and attractiveness of places. Income changes due to…

Tax Policy - Q4-2025 Outlook Report
November 5, 2025

Beyond Assessed Values: South Dakota Schools Face a Funding Crossroads

Property taxes in South Dakota, especially assessment valuation growth, continue to be topics of discussion for homeowners, school officials, and state legislators. This article highlights differences in school district assessment growth (and ultimately tax revenue…

Tax Policy - Q2-2025 Outlook Report
May 29, 2025

How are Local Opt-Outs are Affecting Local Property Tax Rates?

Public school districts in South Dakota face a complex set of budgetary restrictions (e.g. recent minimum teacher salary increases, the state aid formula, etc.) so changes in policy that impact other potential funding sources may…

State & Regional - Q2-2025 Outlook Report
May 29, 2025

How Will South Dakota Be Impacted by Recent Tariffs?

Tariffs have become a focal point of discussion among economists, business leaders, and policymakers. To understand their potential impact on South Dakota, examining their historical role in U.S. trade policy and the reasoning behind their…

Population - Q2-2025 Outlook Report
May 29, 2025

Population Growth Slows Across the Region

Between 2023 and 2024 South Dakota kept alive its trend of population growth every year since 1989. The most recent growth is substantial, but the population grew at a slower pace than the previous year.

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
Population - Q3-2024 Outlook Report
October 1, 2024

Where Are All the New South Dakotans Coming From?

South Dakota’s population continues to rise. The significant state population growth seen in 2020-22, fueled largely by migration from the rest of the US, continued into 2023 but at a lower rate. The Census Bureau-estimated…

Regional
Housing - Q3-2024 Outlook Report
September 29, 2024

South Dakota’s Unusually Strong Housing Market

On September 18, 2024, the US Federal Reserve (FED) announced it was lowering the Federal Funds target rate by half a percent (0.50% or 50 basis points). The current target range for the Federal Funds…