Economy

SDPB

In The Moment ... August 23, 2107 Show 162 Hour 2

Dakota Political Junkies Seth Tupper (Rapid City Journal reporter) and Jon Hunter (Madison Daily Leader publisher) join us for our weekly round-table conversation about South Dakota politics. Today we talk about self-described “Wingnuts,” non-partisan elections, citizen democracy, and national calls to tear down a presidential statue in Rapid City.

Author Paul Higbee is with us for a look at South Dakota’s “Cowboy Governor” Tom Berry. We talk dustbowls, debt, and Democrats.

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

In The Moment ... April 13, 2017 Show 071 Hour 1

After a brief introduction to put “The Shift” into context we kick it over to SDPB’s Kealey Bultena for a live-from-Centerville conversation with Superintendent Tim Hagedorn.

SDPB’s Gary Ellenbolt takes you to Hurley and Parker in Turner County for a look at how the changing farm economy and the urban pull of Sioux Falls has impacted small towns and the people who live there.

Kealey Bultena

Avera leaders say a new campus in Sioux Falls can better serve people with specialty health needs and promote economic growth. Wednesday Avera Health announced plans for building projects including new buildings and a surgical hospital.

Avera on Louise is the name of an additional campus planned for 82 acres at 69th Street and Louise Avenue in Sioux Falls.

Dr. Dave Kapaska is Avera McKennan Hospital’s President and CEO.

Cara Hetland / SDPB

House Bill 1204, an act to authorize the growth and sale of industrialized hemp in South Dakota, passed the Agriculture and Natural Resources Committee by a vote of nine to two on Feb. 16.

It now moves to the House floor.

Midwest Sees Economic Growth

Feb 2, 2017
Creighton University

The Midwest economy continues to see growth as 2017 gets underway. Businesses are also seeing expanding confidence and new manufacturing jobs.

The Rural Main Street Index is a monthly survey sent out from Creighton University in Omaha to business leaders across nine Midwestern states. The index reached above growth neutral for the third straight month.  It ended January at 54.7. This is the highest the score the index has reached since February 2015. Surveyors also recorded the highest level of economic confidence in over six years.

AAA Reports Higher Gas Prices Since Start of 2017

Jan 4, 2017
AAA South Dakota

A report by AAA  shows regular gas prices in South Dakota have increased an average of eight cents since the start of 2017.

Officials say the nationwide average of around $2.35 is the highest New Year’s price since 2014.

Marilyn Buskohl with AAA South Dakota says one week ago, regular gas prices across South Dakota were fifteen cents lower than they are now.

She says the spike in prices is largely due to OPEC countries cutting down oil production levels.

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.

Universities Seek Funding For New Research Buildings

Oct 5, 2016
Charles Michael Ray

Universities across South Dakota are proposing building projects to enhance research and development capabilities.    The South Dakota Board of Regents is submitting funding proposals to the governor's office for the projects.  The outcome of the process could lead to new facilities at various university campuses and even a major new building in Rapid City.

Midwest Economy Struggling

Aug 16, 2016
SDPB

One survey on the Midwestern economy shows one in five farmers may have expenses exceeding revenue this year.

The report blames falling farm prices.

The Rural Mainstreet Index shows farm prices have decreased 9% over the last year. The study surveys bank CEOs across the Midwest about economic conditions. Ernie Goss is the Economics Chair at Creighton University. He says multiple agriculture sectors are really struggling.

Kenzie Wagner / SDPB

Regional economic developers at the Sturgis Motorcycle Rally want more companies to call the Black Hills their home. They view the rally as a chance to network with businesses while promoting the region.

The pheasant is not only important in South Dakota for its cultural value, but also for what it contributes to the economy. In 2015, more than 150 thousand hunters harvested more than one point two million pheasants in South Dakota. Nearly 85 thousand hunters came from out of state. They poured millions of dollars into local economies. South Dakota isn’t a pheasant destination by accident.

Fourth of July Travel At All-Time High

Jun 27, 2016

This Fourth of July weekend could see record-breaking numbers of travelers. AAA predicts that increased auto and air travel may result in benefits beyond the holidays.

Nearly 43 million Americans are projected to travel this weekend. Marilyn Buskohl of AAA South Dakota expects the state to have a one percent increase over last year in holiday travel. She says this prediction is based on low gas prices, which are 40 cents lower in the state than last year.

Kenzie Wagner / SDPB

Two business leaders in Rapid City spoke at the Black Hills Forum and Press Club on Friday to discuss the ups and downs of South Dakota’s economy, including what lies ahead.

Ben Snow is with Rushmore Region, the group promotes economic development. He says South Dakota is protected from recessions more so than other places in the U.S.

http://www.jacobmortenson.com/

Some researchers say the West River economy could be headed for trouble. An economist is sharing his thoughts at an upcoming talk in Rapid City.

National Parks Celebrate Economic Success

Jun 16, 2016

National parks have a positive impact on the nation’s economy. The National Park Service is celebrating its centennial year and reports the parks contribute $300-billion  to the national economy and support nearly 2 million jobs.

Sally Jewell is the Secretary of the Interior. She says in her department’s annual economic report, public lands and waters also support state and local economies and create improved quality of life.

Kealey Bultena / SDPB

The 42nd president was back on the campaign trail in South Dakota Friday – this time not for his own political race but for his wife. Former US President Bill Clinton spent time in Sioux Falls stumping for democratic presidential candidate Hillary Clinton.

Pop music pumped through the speakers in Sioux Falls as people who waited in line excitedly filed into a space draped with stars and stripes, including massive flags. More than an hour and a half later, former president Bill Clinton took the stage.

Kealey Bultena / SDPB

South Dakotans list agriculture as the number one driver of economic development. That’s according to a recent survey that polled people nationally and gathered data in three separate states. Some people’s perceptions of the economy don’t jibe directly with information from businesses. 

A Wells Fargo and USA Today survey polled South Dakotans to find out which sectors they think contribute to a healthy economy. The top responses in order were agriculture, health care, education, construction, and retail.

Dakota Midday: Kelly Lindquist, Art Space CEO

May 2, 2016
Art Space

A starving artist is sometimes seen as the norm.  Many great artists lived at least some of their lives struggling with poverty, think, Van Gogh or even Johnny Cash. 

But some argue that artists should not always go hungry, or homeless.     Kelly Lindquist is President and CEO of a Minneapolis based organization called Art Space.

Regional Health CEO Backs Medicaid Expansion

Mar 29, 2016
Charles Michael Ray

The CEO of Regional Health, Brent Phillips, says the talk on Medicaid expansion in South Dakota has too often missed the point.  

Phillips says expanding Medicaid to thousands of uninsured residents will not only help Native people but also be a huge boost to the economy.  

Regional Health is among the largest employers in western South Dakota, and one of the largest health care providers in the state.

Brent Phillips, Regional Health CEO grew up on a Dairy Farm.

Committee Passes Bill Allowing Industrial Hemp

Feb 2, 2016

Members of a state House committee voted in favor of a bill allowing the production and sale of industrial hemp. Farmers have to go through a permitting process before growing the crop.

Tourists Spend Record Amount In SD In 2015

Jan 22, 2016
National Park Service

2015 was a record breaking year for South Dakota tourism. The industry saw all time highs in visitor spending and economic growth. Tourists spent nearly four billion dollars in the state, contributing more than two billion dollars in Gross Domestic Product to South Dakota’s economy.

Dakota Midday: Leadership SD

Nov 17, 2015

Leadership South Dakota aims to build the next generation of state leaders.

The program sends participants to different locations across the state like the State Capitol in Pierre, South Dakota State University in Brookings, and Oglala Lakota College in Kyle.
 
Students spend time getting to know the people and organizations in these communities.

First W. SD Wind Farm Approved

Nov 13, 2015
Wind Quarry LLC

The first large scale wind farm in Western South Dakota has received approval to move forward.

 

Brothers Patrick and John O’Meara with the company Wind Quarry LLC are behind the Willow Creek Wind Energy farm. They may seem like an unlikely par to start up a large scale wind farm.   John O’Meara says they also have day jobs.

“I’m a chemist I work in the chemical management industry supporting manufacturing and Patrick is a family practice physician with a full time medical practice in Colorado,” says O’Meara.

Dakota Midday: BH Power VP On Clean Power Plan

Nov 10, 2015
Black Hills Power

We’re continuing a series of interviews on energy and the environment with a conversation with Vance Crocker Vice President of Operations for Black Hills Power.

Last week we heard from Dr. Bull Bennett  an author of the Third National Climate Assessment on the necessity to deal with global warming.

Rolling Rez Arts: An Art Bus Bank On Pine Ridge

Oct 27, 2015
First Peoples Fund

Pine Ridge has a new bank, financial literacy hub, and art space and it’s all on wheels.
 
Rolling Rez Arts  is a mobile creative space, business training center and bank all in one bus that is crisscrossing Pine Ridge in part to help spur art based economic development.

Jackley Joins Suit Against EPA Over CO2

Oct 26, 2015
Charles Michael Ray

South Dakota has signed on to a multiple state lawsuit against the EPA over attempts to limit CO2 emissions.

South Dakota Attorney General Marty Jackley says the EPA’s move hurts the state’s economy by increasing energy prices and reducing jobs.

But many scientists worry that industrialized nations need to go even further to reduce greenhouse gasses, they cite a disjunct between well-established research and policy.

John Thune

United States Senator John Thune says he generally supports trade deals, but some parts of the latest international agreement raise his concern. Eleven countries and the United States have struck a deal called TPP. That stands for Trans-Pacific Partnership. It has economic and political implications.

Thune says he’s heard pieces of the deal since Monday’s agreement, and he’s concerned about some of the elements.

SF High Schoolers Construct Affordable Housing

Sep 14, 2015
Erin Mairose

This week a house built by high school students is moving to a permanent home. The home is traveling down 12th street in Sioux Falls – and for a cause.

Wayne Wagner is the housing development director for Affordable Housing Solutions in Sioux Falls. The group helps low income families find cost-efficient housing while helping revitalize deteriorating neighborhoods. Wagner says a partnership with the Sioux Falls School District supports the community.

Erin Mairose

A class of high school carpentry students at the Career and Technical Education Academy is learning skills for future careers. 

Sitting in Bill Pulford’s classroom at the CTE Academy is a house.

From framing, to insulation and cabinetry, this class built the three bedroom home. Pulford says soon moving trucks are relocating the house to a permit location in Sioux Falls.  

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