Business news

Rosebud Economic Development Corporation

A new economic feasibility study is investigating opportunities for commercial and retail growth in an area on the Rosebud Sioux Indian Reservation. The Rosebud Economic Development Corporation—or REDCO—is working with Native-owned Blue Stone Strategy Group to conduct the study. 

Lee Strubinger / SDPB

Tourism industry officials are kicking off the summer season with National Tourism Week.

It’s a week of preparation for the influx of tourists expected in South Dakota. Tourism brings in almost $4 billion dollars.

However, not everyone is convinced a tourism based economy is healthy for a community.

Tourism brings in the big bucks. It’s the second largest industry in South Dakota behind agriculture. Observers say roughly 14 million visitors come to South Dakota every year, and that number is increasing.

Swamp Daddy’s Cajun Kitchen

Mar 22, 2018
Jackie Severin

It’s 11:00 AM on a Tuesday and Inkka Beaudion has just opened the doors to Swamp Daddy’s Cajun Kitchen. Already, Beaudion and her employee, Anthony, are running back and forth in the kitchen trying to keep up with the steady stream of customers coming to get a taste of her Cajun food. It’s taken a lot of hard work but Beaudion is proud of what she has accomplished.

In The Moment ... Economic Outlook Seminar

Nov 6, 2017
Aberdeen Chamber of Commerce

In The Moment ... November 6, 2017 Show 214 Hour 2

Ernie Goss, MacAllister Chair and Professor of Economics at Creighton University in Omaha is the keynote speaker at an Economic Outlook Seminar presented by the South Dakota Chamber of Commerce on November 7 at The Country Club of Sioux Falls.  Goss and South Dakota Chamber of Commerce and Industry president David Owen discuss important aspects of the regional economy and current economic indicators.

Developing A Skilled Workforce

Sep 25, 2017

After 40 years of work in the food service industry around Huron, Todd Peterson is changing what’s on his menu.

“One day I woke up and said, ‘you know what, I just don’t want to do this food service thing anymore.’”

In a year, he’ll graduate from Mitchell Technical Institute as a Licensed Practical Nurse.  The Build Dakota Scholarship program is paying for Peterson’s education.  It pays for his school costs if he agrees to work in the state in his field for three years.

South Dakota Attorney General Marty Jackley is saying 200,000 state residents are involved in the Equifax data breech.  That means their private financial data may be available to cyber criminals.  SDPBs Andrew Bork speaks with Wallet Hub Analyst Jill Gonzalez to learn more about credit information and the best way to find out if yours is compromised.

Jill thanks for joining us today. I want to start off by having you explain what Equifax is.

Zeal Center Sprouts New South Dakota Businesses

Sep 11, 2017

Ryan, thanks for speaking with us today. We're currently in the Zeal Center for Entrepreneurship in Sioux Falls. Can you explain what the building is?

Budget Surplus Explained

Aug 7, 2017

After a $7.9 million surplus South Dakota now has over $165 million in its reserve funds.  It wasn’t drastic increased revenues that kept the state above zero.  The three branches of state government spent $15.6 million less than budgeted.  Liza Clark is the commissioner of the Bureau of Finance Management.  She says it’s important to reduce spending before touching state reserves.

Some South Dakota cities and towns may be able to use federal grant money to tear down dilapidated and abandoned buildings.  The state is giving one million dollars to the new Bulldoze, Build, and Beautify program.

Lee Strubinger / SDPB

A Black Hills Area energy company is getting recognized for their work with a local agency that places persons with disabilities into the workplace.

The Black Hills Corporation received a national award for employing people in their security operations center.

Brad Saathoff is with Black Hills Works, the company that helps place workers with disabilities. 

Saathoff says it’s more than just about the job.

How Extreme Drought Is Impacting Ranch Business

Jul 14, 2017

Rancher AJ Rausch can only explain managing a cattle herd in the current drought conditions one way.

Rausch is a third-generation farmer and rancher near Gettysburg.  His family has around 12 thousand acres including 300 head of cattle.  He’s already sold 15 percent of his herd and is currently feeding extra food to the remaining animals.

“We downsized a month and a half ago when we saw this coming.”

Kealey Bultena / SDPB

The mayor of Sioux Falls says slumping sales tax revenue prompts him to cut the city’s capital improvements budget by more than $45.2 million. The plan broadly covers infrastructure like roads and buildings. The CIP is a rolling roadmap. The method allows leaders to adjust for different economic circumstances while planning for the next five years.

Bold black letters flash onto the projection screen at Tuesday afternoon’s capital improvement plan presentation, "Tough but necessary choices have been made."

Kealey Bultena / SDPB

Thousands of soccer players and fans descend on Sioux Falls this weekend. The city hosts a regional youth soccer tournament. Organizers say no other sporting event in Sioux Falls has a larger economic impact. This isn’t the first time the city welcomes soccer teams from the region. Sioux Falls prepares for the 2017 US Youth Soccer Region II Midwest Championships.

Kealey Bultena / SDPB

South Dakota’s Secretary of Tourism says you should take Friday off. It’s National Travel and Tourism week, and state officials are seizing the opportunity to lure people away from their desks and into the wild. They also celebrate South Dakotans who promote tourism in their everyday work. 

Workers at the South Dakota Department of Tourism have a long week promoting their industry. Secretary Jim Hagen says an expectation remains: employees should use their paid time off.

Whiteclay Liquor Stores For Sale

Mar 7, 2017
Courtesy Wikipedia

Clean streets, beautiful store fronts, tourist traffic, Lakota entrepreneurs and community development. This is the future some Nebraskans see if efforts to buy-out the liquor stores in the reservation border town of Whiteclay are successful. 

And as this grass-roots movement for community revitalization moves forward comes word that a hearing to decide if the stores in Whiteclay will have their liquor licenses renewed has been postponed until next month. 

Courtesy Veterans Administration

A national call center planned for the VA Black Hills Health Care System facility in Hot Springs is on track with employing staff and starting operations. The recently enacted freeze on hiring federal employees will not have an impact on the call center.

Matthew Eitutis is Acting Director of Member Services for the V.A. His department currently staffs 5 national call centers across the country.

Eitutis says President Trump’s recent freeze on federal hiring does not affect the sixth call center planned for Hot Springs.

Kealey Bultena / SDPB

It’s the start of this year’s legislative session, and leaders are already split over how to budget new money coming to South Dakota. Online retailer Amazon is starting to collect sales tax on South Dakota purchases next month. Its timing could pose a planning issue.

Amazon begins charging both state and local sales tax for South Dakota purchases in February. Democrat and State Senator Billie Sutton says lawmakers should include those dollars in the budget that starts July first.

Kealey Bultena / SDPB

South Dakota’s two largest cities are breaking building permit records again. Rapid City is more than $50 million ahead of the previous top year. Sioux Falls is setting a record for the fourth year in a row, and the year isn't over yet.

Right now building permits in Rapid City are worth more than $310 million. Division manager of building inspections Brad Solon says Rapid City hit its previous record in November, so every permit since pushes the landmark higher.

Kealey Bultena / SDPB

The "shop local" cause has a high-profile advocate this holiday season. South Dakota’s governor is encouraging people to do their last-minute shopping in communities across the state instead of with retailers outside of South Dakota.

Governor Dennis Daugaard is popping into different retail shops and restaurants in downtown Sioux Falls. He asks a local restauranteur what the best meal on the menu is. The owner says the governor can't go wrong.

Daugaard says he’s finished shopping for Christmas gifts in Pierre and in Sioux Falls.

City of Sioux Falls

Builders are launching $15 million worth of projects in Sioux Falls to increase the city’s affordable housing options. Most of the funding comes through the state’s housing development authority. The City of Sioux Falls is lending the projects hundreds of thousands of dollars. The two projects appeal to people in different circumstances.

Charles Michael Ray

South Dakota Governor Dennis Daugaard says a budget shortfall in the state is partially a result of low commodity prices. Both ranchers and farmers have taken a hit over the last year.

Two livestock industry groups in South Dakota have differing opinions on the root causes of low cattle prices.

Over the last year live cattle futures have consistently dropped until around October when they began rebounding.

That drop in cattle prices is one of the reason’s Governor Dennis Daugaard is calling for a leaner than normal budget for Fiscal Year 2018.

Clement Speaks On The Philanthropy Of John T. Vucurevich

Dec 8, 2016
Charles Michael Ray

Dale Clement served as dean of the University of South Dakota School of Business for 26 years. Today, he is a John T. Vucurevich Foundation board member.  The foundation is among the largest philanthropic organizations in South Dakota.  It provides millions of dollars in grants each year in support of the arts, education, science, and social welfare.

The Frontier Agency is dedicated to helping nonprofit organizations grow and raise funds. The company is based in Nashville and their CEO, Rod Arnold, is a South Dakota native. Arnold talks about the impact of Giving Tuesday campaigns in the state and nationwide. One of the Frontier Agency's clients is Native Hope in Chamberlain.

South Dakota Retailers Association

The election and ag commodity prices have caused caution in South Dakota shoppers. Shawn Lyons, executive director of the South Dakota Retailers Association, visits about the retail forecast for the holiday season.

Nancy Savage is a small business owner in Sioux Falls. She joins Dakota Midday to discuss the success of this year's "Small Business Saturday" for local retailers and strategies small businesses employ to pull customers away from the big box stores.

Courtesy Native American Natural Foods

A South Dakota based Native American food company has been recognized as a Certified B Corporation. The non-profit organization B Lab judges businesses on how they benefit their workers, their community and the world.  

Native American Natural Foods is based in the Pine Ridge Reservation village of Kyle. Since it created the buffalo-meat and cranberry health snack “Tanka Bar’ in 2007 it’s become a nationally recognized leader in the natural foods field.

Rita Anderson

The DeSmet Community Foundation is a winner of the 2016 Bush Foundation Award for Community Development. DeSmet Community Foundation representative Rita Anderson visits about the foundation's efforts to solve long-standing community problems in rural areas such as DeSmet. She also discusses how the DeSmet Community Foundation is a model for how towns across the region can thrive and succeed.

Dakota Midday: Bush Foundation Announcements

Nov 15, 2016

Duchesne Drew, Community Network Vice President for the Bush Foundation, joins Dakota Midday to announce the South Dakota recipients of the 2016 Bush Foundation Award for Community Innovation. In his position, Drew oversees and integrates the work of communication, community innovation and leadership program teams.

New Focus On Helping Native Veterans Buy Homes

Nov 11, 2016
Courtesy Mazaska Financial

A group called the South Dakota Native Home Ownership Coalition has created a new home ownership committee to focus on the housing needs of Native veterans in the state. The group focuses specifically on housing stock and land issues, homebuyer education and subsidies for Native American veterans.

Photographer Amos Kolbo is one of the headliners for the OTA Finale this weekend in Sioux Falls. Kolbo and his wife Carly run Carly Loves Amos. Kolbo has been self-employed since the age of 16. He joins Dakota Midday to talk about the entrepreneurial community, living and working in a creative studio space, and why marriage is like a "slumber party" with your best friend.