Economy

Elevate Rapid City study shows population growth for the area by 2030.

The cost of gas has been on a steady decline for the past 14 weeks which is the longest streak since 2015.

Development in Deadwood has fueled a fury to keep affordable workforce housing an option, as vacation homes and rentals become increasingly popular in the destination town.

Inflation might be slowing down, but grocery prices are still spiking.

Rapid City continues an upward trend when it comes to valuations for recent building permits.

While there was a boom in Deadwood tourism for 2021, the numbers are on the decline for this year.

The Rural Mainstreet Economic Index, a study of the farm and ranch economies from economists at Creighton University, shows that indicators in the ag industry are going down.

A cold spray system makes repairs quicker, especially when new parts are hard to come by.

New life is being pumped into Uptown Rapid, the former Rushmore Mall.

Rapid City officials look for input on housing and community development plans.

Spearfish Community Foundation launches new initiative “Impacting Tomorrow Together”

South Dakota has boasted about its thriving economy since COVID-19 began. However, the pandemic has exposed cracks in the veneer. It’s a time when parents are battling childcare payments, rent, utilities, and food, just for their family to sustain themselves without drowning.

WHO DATZ food truck competes for $20,000 in ‘Hype the Havarti’ challenge, seeks community support

Class is almost back in session and stores are already starting to stock up on back-to-school supplies.

Getting connected to the internet is a necessity at this point but internet prices will drain your wallet, making it hard for many people to access this resource.

On Monday, temperatures reached a record-breaking high causing a possible increase in electric consumption.

Local Rapid City business is doing what they can to help the community despite their own rising supply cost.

Rising inflation rates have affected operations at Feeding South Dakota as more people turn to assistance for their food security needs.

As announced earlier last week, year-over-year inflation in June reached 9.1%, and you’ve probably noticed your wallet shrinks faster than it used to; but the Black Hills area could be shielded from the most extreme effects of a rocky economy.

Sturgis Meat Service offers locally grown food but with a twist… it is in a subscription box.

The U.S. economy is kind of rocky right now. For the first time in twenty years, the US dollar and euro are both worth the same and Wall Street is losing hope. Meanwhile, consumers are feeling the effects, especially those who are retired.

Elevate Rapid City hosted its monthly luncheon on July 7 and the topic was the economic forecast. Erick Garcia Luna, a representative from the Federal Reserve Bank of Minneapolis was the speaker.

National Parks across the United States bring significant economic benefit. According to the National Park Service, In 2021 $42.5 billion was generated because of park tourism, and in South Dakota, that benefit totaled around $301 million.

Rising cost of materials eats away at $1 trillion federal infrastructure plan.

A gas tax holiday may be in the works; but will it help?

It’s a common theme, “the housing market in Rapid City is hot!” People are moving here at an exceptional rate, averaging 8 to 10 people a day. What happens to the market when there is too much demand and not enough supply?

Gas prices are hitting new highs

Many out-of-state license plates were spotted at attractions and on the roads as tourists flocked to the area this weekend. However, did high prices at the pump impact vacation plans?

Around the nation, gas prices are averaging nearly half a dollar more than last month. With trends continuing upwards, some RV owners are concerned about the future.

Gas prices have gone up for the fourth straight week. GasBuddy says the national average increased to $4.46 per gallon, while in Rapid City the average is $3.97.