Agri-business
60
Agri-business
South Dakota’s GDP Continues to Climb
5 Aug 2016
Economy
The Bureau of Economic Analysis (BEA) releasedGross Domestic Product (GDP) by State in mid-June and South Dakota’s GDP continued to climb in 2015. The state’s GDP grew $1.07 billion to an estimated $46.67 billion from 2014 to 2015, a rate of 2.36%. Nationally, GDP increased 3.47% to $17.8 trillion.
Our growth in 2015 was not as brisk as recent years, ranking 38th in the nation. The slowing pace is mostly attributable to the agriculture sector taking a hit for the second year in a row with a 15.7% decline over 2014 numbers. Mining also decreased in 2015.
Click here for the complete article.
More Topics
$35 Million in Broadband Funding Available
Aug 5 2016The Minnesota Department of Employment and Economic Development (DEED) will begin taking applications on July 22 for funding to expand broadband infrastructure in Minnesota.
The $35 million in funding, which was approved during the 2016 legislative session, goes into effect with the beginning of the 2017 fiscal year today...
1,000 Reasons to Make It in Minnesota
Aug 5 2016The Made in Minnesota Directory has reached a threshold: The directory now contains more than 1,000 Minnesota suppliers of products and materials, all pointing to what is made right here at home and helping to make the state more competitive.
The story behind the directory really begins with German...
Good day friends! I’m here with another mish-mash of rankings and/or news stories that include South Dakota and could be useful for your economic development efforts.
The Center on Education and the Workforce has a page of publications showing South Dakota job market projections through the next several years. See...