Creighton University's Ernie Goss follows the economies of ten midwestern states including South Dakota's where the manufacturing sector lost about 800 jobs over the last year or 1.8% of its manufacturing base, ag workers still face severe stressors and a mental health provider shortage affects at least 62 of South Dakota's 66 counties.
Goss noted that in September the overall reading fell below growth neutral for the fourth time in the past six months and 79.0% of banksters reported that the Trump tariffs levied a negative impact on the agriculture and livestock economies where persisting pessimism is dooming Republican candidates even in red states.
50.0 is growth neutral.
Approximately 41.7% of supply managers reported that tariffs were having a negative impact on profits and elevated inflation at the wholesale level points to at least one more Federal Reserve interest rate hike before the end of 2026. Some 58% of supply managers reported that the Iran conflict has made the supply chain less reliable.
The September Business Conditions Index for South Dakota dipped to 56.0 from August’s 56.4. However, 2026 state manufacturing exports, compared to the same period in 2024, are down by $154.4 million or -13.1%.Read that here.
The September [Rural Mainstreet Index] for South Dakota declined to 45.1 from 50.0 in August. South Dakota’s September new hiring index dipped to 49.9 from 50.8 in August. According to trade data from the [International Trade Index], South Dakota exports of agriculture goods and livestock for the first seven months of 2026, compared to the same period in 2025, slumped by $47.4 million for a 46.7% fall. The greatest downturn in South Dakota ag exports was to Mexico with a 58.5% drop from 2025 to 2026.Read that here.
it's his time https://t.co/mfnM8Yww8Q
— SD Democratic Party (@SoDakDems) October 1, 2026
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