Snapshot of South Dakota's Economy
Monthly Data |
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| Data Series | March 2014 |
March 2014 |
Percent Change |
| Labor Force Data (seasonally adjusted) | |||
South Dakota |
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| Labor Force | 453,100 | 448,100 | 1.1% |
| Employment | 436,200 | 430,600 | 1.3% |
| Unemployment | 16,900 | 17,600 | -4.0% |
| Unemployment Rate | 3.7% | 3.9% | |
United States |
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| Labor Force | 156,227,000 | 155,099,000 | 0.7% |
| Employment | 145,742,000 | 143,393,000 | 1.6% |
| Unemployment | 10,486,000 | 11,706,000 | -10.4% |
| Unemployment Rate | 6.7% | 7.5% | |
Nonfarm Wage and Salary Employment (seasonally adjusted) |
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| Total Nonfarm | 419,600 | 416,800 | 0.7% |
| Mining, Logging & Construction | 21,100 | 21,000 | 0.5% |
| Manufacturing | 42,200 | 41,700 | 1.2% |
| Wholesale Trade | 20,600 | 19,700 | 4.6% |
| Retail Trade | 51,000 | 51,100 | -0.2% |
| Transportation, Warehousing & Utilities | 12,700 | 12,600 | 0.8% |
| Information | 6,200 | 6,100 | 1.6% |
| Financial Activities | 29,600 | 29,500 | 0.3% |
| Professional & Business Services | 29,900 | 29,300 | 2.0% |
| Educational & Health Services | 68,300 | 67,900 | 0.6% |
| Leisure & Hospitality | 44,600 | 44,600 | 0.0% |
| Other Services | 15,900 | 15,900 | 0.0% |
| Government | 77,500 | 77,400 | 0.1% |
| Preliminary data; subject to revision. The published unemployment rate presented above may not equal the percentage calculated using the published unemployed and labor force figures presented above due to rounding. Source: Labor Market Information Center, South Dakota Department of Labor and Regulation |
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| New Hires reported to the Division of Unemployment Insurance | |||
| New Hires | 11,853 | 11,949 | -0.8% |
Source: Unemployment Insurance Division, South Dakota Department of Labor and Regulation |
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| United States | South Dakota | ||||||
| 2012 | 2011 | % Change | 2012 | 2011 | % Growth | National Rank in % Growth |
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| Population1 | 313,914,040 | 311,587,816 | 0.7% | 833,354 | 823,593 | 1.2% | 9 |
| Per Capita Personal Income2 | $43,735 | $42,298 | 3.4% | $45,381 | $44,843 | 1.2% | 50 | Gross Domestic Product3 (in millions of current dollars) |
$15,566,077 |
$14,959,778 | 4.1% | $42,464 | $41,667 | 1.9% | 46 |
| 1Source: U.S. Census Bureau. 2011 data preliminary and subject to revision. 2Bureau of Economic Analysis (BEA), U.S. Department of Commerce. Data for years prior to 2010 are currently being revised the BEA and are not available. 3Bureau of Economic Analysis, U.S. Department of Commerce. Last updated July 2012. |
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Marcia Hultman, Secretary
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184
700 Governors Drive
Pierre, SD 57501-2291
Tel. 605.773.3101
Fax. 605.773.6184