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Business, Economy, South Dakota1 Comment

Warning signs found in new South Dakota economic data

Gary Dickson

The South Dakota economy shows strong recovery post-pandemic, yet indicators suggest potential slowdowns. Key concerns include falling farm incomes, lower sales tax collections, and a job market mismatch with 30,000 openings and 10,000 unemployed. Despite these challenges, experts don’t foresee immediate threats, anticipating continued growth under favorable policies. Continue reading Warning signs found in new South Dakota economic data

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U.S. home prices hit a record high as sales fell. Here’s how housing experts explain the trends

Gary Dickson

U.S. median home prices hit record highs for the second consecutive month, while existing home sales fell 5.4% in June. The high prices and mortgage rates have deterred buyers, leading to slow sales. Housing experts attribute this trend to high demand, low inventory, and aging population. Government proposals aim to address housing affordability, while some states have implemented their own policies. Continue reading U.S. home prices hit a record high as sales fell. Here’s how housing experts explain the trends