SD exports down more than 11% as energy prices soar

Source: WalletHub

Midwestern Trump states are still near growth-neutral and manufacturing supply managers report that poorly-run South Dakota is exporting eleven percent less in June than it did last year according to Creighton University's Ernie Goss. 

Bankers remain gloomy as farmland prices fell, farm equipment sales sank and the overall Rural Mainstreet Index slumped for the tenth straight month while regional exports of agriculture goods and livestock for 2024 year-to-date were down 4.1% from the same period in 2023. 

Failed red state South Dakota also suffers the ninth highest energy costs in the United States because of Earth hating Republicans giving free rein to monopolistic predators like Black Hills Energy and Summit Carbon Solutions masquerading as your friends and bilking South Dakota residents while filling lakes with mercury and suing landowners for access.

The June RMI for South Dakota slumped to 45.5 from May’s 47.9. The state’s farmland price index rose to 50.1 from 48.4 in May. South Dakota’s June new hiring index declined to 48.1 from 50.3 in May. According to trade data from the International Trade Association, exports of agriculture goods and livestock for 2024 year-to-date were up 24.5% from the same period in 2023. [Rural Mainstreet Economy Down for 10th Straight Month; Farmland Prices Fall for a Second Consecutive Month]

Learn more about red state failure at South Dakota Searchlight.