Neel Kashkari, President Federal Reserve Bank of Minneapolis at Rotary
Neel spoke today at Rotary Club of Sioux Falls Downtown. He asked the audience to challenge him with tough questions. He felt that if you are struggling finding workers or complaining about it, it is...
View ArticleDid the Soccer tournament fall short for economic impact predictions
We were told that the tournament would have a major impact on the economy; The soccer tournament is estimated to bring $17 million to the Sioux Falls area. Lets test this prediction against July’s...
View ArticleSouth Dakota Middle Class left behind, working more
What we have known for awhile, the gap between rich and poor in SD getting wider; 6. South Dakota > Middle class income growth 2011-2015: 5.0% (23rd lowest) > Fifth quintile income growth: 9.8%...
View ArticleKeep using out-of-state contractors and keep watching the local economy...
Obviously, in the Free enterprise world, it is hard for the city to regulate what national franchises come to town, or how much of their profits they ship out of state. But when it comes to who the...
View ArticleTax Incentives for Economic Development rarely pays off
Let’s look at some recent examples in Sioux Falls. Uptown II; Taxpayers held the land for over 10 years collecting NO taxes for one developer, sold the land at a discount, gave them another 10-13 year...
View ArticleSioux Falls Citizen Advocate asks great question about building permit...
Mark Weber is a regular inputer at council meetings, mostly on economic issues (I believe he has an economics degree). He recently sent this email to a city councilor; For a long time (years) the...
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Thinning of the Herd?
When I say this, I’m NOT talking about lives. No matter someone’s age, every life matters in this crisis. I am talking about certain businesses that will ultimately close, and that’s not such a bad...
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Sioux Falls Economy April 2019 vs. April 2020
Yesterday during the Sioux Falls City Council informational there was a presentation on the April Monthly Financial report. A citizen who has an economics degree, Mr. Weber often comes and breaks down...
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Sioux Falls economy contracted -.07% in 2020
Sioux Falls citizen and economics enthusiast Mark Weber (who I believe actually has an economics degree) has been addressing the Sioux Falls City Council for several years at public input showing the...
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The City of Sioux Falls is swimming in money
As the city council discussed giving $10 million towards the DSU Cyber project tonight and after watching the presentations and seeing the state supports this, I think it is a good project. Not sure I...
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