Economy

Minneapolis Fed President: let immigration meet labor demand to boost economy

BY: - November 10, 2022

A steady stream of immigrants will be important to the funding future of entitlement programs in the U.S. and for the health of the economy as a whole, the president of the Federal Reserve in Minneapolis told an audience in Brookings this week. President Neel Kashkari shared those insights at South Dakota State University on […]

A sign identifies a repository near Edgemont where 4 million tons of radioactive tailings from a former uranium mill have been buried since the 1980s. (Seth Tupper/South Dakota Searchlight)

Voters get their say on uranium mining in Fall River County

BY: - November 3, 2022

After years of arguing from opposite sides of a mining debate, Mark Hollenbeck and Susan Henderson are about to learn what their friends and neighbors think. Voters in Fall River County will consider a local ballot measure in the Nov. 8 general election. If approved, the measure would designate uranium mining as an unlawful nuisance […]

A photo taken near the proposed pumped storage project along the Missouri River

Concerns raised over an energy storage project along the Missouri River

BY: - November 3, 2022

Backers of a multibillion-dollar proposal in rural south-central South Dakota say they have a way to capture and store renewable energy for later use. The clean energy pitch has drawn criticism and concern from nearby landowners, however, who worry that the project could damage the environment and impact recreational opportunities in south-central South Dakota. Project […]

Nick Nemec stands in front of a wind turbine on his land near Highmore. (Joshua Haiar/SD Searchlight)

Wind energy is now South Dakota’s No. 1 producer of electricity, but not every day

BY: - November 2, 2022

Wind has surpassed hydroelectric power as the largest generator of electricity in South Dakota. Last year, over 52% of the electricity generated in the state came from wind turbines. That’s because of a large number of new, better turbines built in recent years. The state was home to 526 turbines before 2019. Another 511 were […]

Houses under construction on Oct. 28, 2022 in Harrisburg, SD.

$200 million for housing infrastructure in holding pattern

BY: - October 30, 2022

South Dakota developers hoping to access $200 million in infrastructure funding to fill a 10,000-home gap in workforce housing will have another winter to wait. The reason? Lawmakers passed a bill last winter intended to encourage new housing with no income restrictions, but voted to deposit the lion’s share of the money into a fund […]

Dave Fendrich (walking) helps Bryant Hofer (in combine) harvest a field of corn on October 2, 2013, near Salem, South Dakota. (Photo by Scott Olson/Getty Images)

Drought has South Dakota’s harvest ahead of schedule, but yields and soil moisture are down

BY: - October 27, 2022

South Dakota farmers had harvested 64% of their corn and 93% of their soybeans as of Sunday, according to the U.S. Department of Agriculture. That puts the 2022 harvest well ahead of the five-year average for those crops. However, Brian Top, a farmer and South Dakota agriculture consultant, said the harvest is only ahead because […]

(USDA Photo by Lance Cheung)

$17 million in federal funding headed to Cheyenne River telecom for rural broadband

BY: - October 27, 2022

Hundreds of people on the Cheyenne River and Standing Rock reservations will soon have high-speed internet access thanks to a $17 million grant from the U.S. Department of Agriculture. The grant award to the Cheyenne River Sioux Tribe Telephone Authority represents the largest amount offered anywhere in South Dakota through the USDA’s ReConnect Program.  The […]

The sun sets on a wetland northwest of Hartford, South Dakota. (Joshua Haiar/SD Searchlight)

Wildlife group calls Rounds’ wetlands bill ‘egregious,’ but some farmers say it’s overdue

BY: - October 26, 2022

A U.S. senator from South Dakota has sparked opposing reactions with legislation that could make it easier for farmers to convert wetlands into cropland. Mike Rounds, a Republican, wants to change the “Swampbuster” provision of the 1985 farm bill. Under the existing provision, farmers lose eligibility for federal farm program benefits, like crop insurance subsidies, if […]

Sioux Falls leaders bring high-schoolers to workforce event with hopes of stemming ‘brain drain’

BY: - October 26, 2022

SIOUX FALLS — High-schoolers received special focus at a day-long workforce summit Wednesday at the Sioux Falls Convention Center. The Sioux Falls Development Foundation hosted the WIN Summit. The event featured guest speakers and community business leaders sharing insights, and opportunities for young people to build relationships with those leaders. Approximately 70% of in-state students […]

(Getty Images)

State regulators warn of high natural gas bills this winter

BY: - October 26, 2022

South Dakota’s Public Utilities Commission is advising natural gas customers to prepare for rising prices in the coming months. Experts have identified high global demand, growth in the consumption of natural gas that outpaces production, and record exports of liquified natural gas as reasons for rising prices expected this winter, the commission said in a […]

Oversight committee clashes over ‘pop-up’ medical marijuana clinics

BY: - October 25, 2022

A medical marijuana card clinic popped up in early October at the Watertown Hampton Inn, where walk-ins were welcome. An advance notice in the local newspaper said “certification takes roughly five minutes,” and the medical cannabis card would be mailed to the patient once approved. That’s how most medical marijuana patients in South Dakota are […]

A timber project in the Black Hills National Forest. (Courtesy of U.S. Forest Service)

Black Hills timber sales fall 20 percent

BY: - October 25, 2022

RAPID CITY — Timber sales in the Black Hills National Forest have declined sharply, prompting praise and condemnation. The national forest’s advisory board met recently in Rapid City, where Forest Supervisor Jeff Tomac shared figures from the 2022 fiscal year that ended Sept. 30. Timber sales in the forest totaled 112,874 CCF, Tomac said – […]