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Posts tagged as “economy”

Mid-America Business Conditions Index Shows South Dakota Sagging

Creighton University's Heider College of Business has issued its December 2014 Mid-America Business Conditions Index. Dr. Ernie Goss and his Creighton associations survey purchasing managers in Arkansas, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota, Oklahoma and South Dakota. They index…

Casino States See Lower GDP Growth, Job Growth, and Education Spending

I'm reading up on the Mid-American States Purchasing Economy Survey Report, a survey of supply managers in nine states conducted monthly by Dr. Ernie Goss and associates at Creighton University's Heider College of Business. Our local press like to blurb…

America Not in Bad Shape: Better Economy, and a Little Less Bad TV!

Politico's Michael Grunwald notes that we don't get Pulitzers for writing good news. But on this Christmas, Grunwald says America is looking not just un-Pulitzerly, but more Bricksburgally awesome than many people expected: Mitt Romney promised to bring unemployment down…

Missing Element of South Dakota Workforce Plan: Immigration

The obvious solution to South Dakota's vo-tech workforce shortage is higher wages. But if our business and political leaders are committed to ignoring that option, perhaps we can consider another solution: immigrants. The Pew Charitable Trusts just issued a report…

Sanford Overstates South Dakota Policy Efficacy, Worker Productivity

Arizona/South Dakota billionaire T. Denny Sanford is using $25 million of his usury-gotten fortune to keep South Dakota state government from coming up with more of its own money to address workforce development. How very nice. I suppose it's impolite…

Practical Fiscal Policy Says South Dakota Should Expand Medicaid

How does a practical Republican react to an underperforming state economy and Governor Dennis Daugaard's blasé budget proposal? John Tsitrian says drop the political posturing, prioritize practical economics, and expand Medicaid: Given Daugaard's cautiously reactive tone when discussing the upcoming…

Falling Ag Prices Part of Gloomy Forecast for SD Economy and State Revenue

A couple of charts in state economist Jim Terwilliger's presentation to the South Dakota Banking Commission last Friday explain part South Dakota's doldrummy fiscal outlook. From 1997 to 2007, farm income averaged about 6% of South Dakota's personal income. When…

Obama Beating Bush on Post-Recession Jobs Recovery

Kevin Drum produces a remarkable chart that shows President Barack Obama's clear superiority to his predecessor in helping the economy recover from recession: Count private employment as a percentage of the labor force, and you see that in five and…