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ECONOMIC DEVELOPMENT

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COVER STORY: Smaller communities search for ways to stand out in economic development

COVER STORY: Smaller communities search for ways to stand out in economic development Larger cities throughout the Northern Great Plains like Sioux Falls, Fargo and Bismarck continue to grab headlines for their relative economic strength in the midst of a recession. But recent research has indicated that a growing number of employers and workers are considering leaving congested major population centers in search of a simpler life in smaller communities with less crime and shorter commute times.

November 09, 2009

South Dakota’s favorable business climate helping to attract companies

South Dakota has the lowest per capita state taxes in the nation, according to the U.S. Census Bureau, and the Milken Institute economic think tank ranked the state as having the lowest cost of doing business in the country in a 2007 report. Last year Forbes magazine and CNBC both ranked South Dakota as the best state for business.

October 05, 2009

COVER STORY: Communities differ in use of economic development incentives to attract companies

COVER STORY: Communities differ in use of economic development incentives to attract companies Nationwide the use of incentives is intensifying, sweetening the pot for companies looking for prospective sites to house operations ranging from manufacturing to customer service and back office support. Many communities and states have upped the ante to win the economic development sweepstakes at all costs. While most cities in the region have been fairly conservative, some mostly smaller communities have been more aggressive in attempts to lure factories, jobs and increased tax revenue.

October 05, 2009

Rural broadband access not a problem in region

Rural broadband access not a problem in region fiber optic networks exist in North Dakota and South Dakota to connect businesses in most areas with broadband services. Residential use of broadband varies widely throughout North Dakota, South Dakota and Minnesota, but the region appears to be better off than many parts of the country.

By Loretta Sorensen , October 05, 2009

Q&A: Ben Snow, Rapid City Economic Development Partnership

Q&A: Ben Snow, Rapid City Economic Development Partnership Ben Snow, the new president of the Rapid City Economic Development Partnership, is optimistic about the future of the Rapid City area economy.

October 05, 2009

Budget shortfalls expose rural-urban divide PressPass

Now that the economy has soured, are we again on the cusp of a rural-urban fight for scarce resources? It’s difficult to say, but we have witnessed some more subtle signs of similar efforts here in Minnesota.

By Jack Geller , May 01, 2009

Regional air service expanding PressPass

Regional air service expanding While most airlines are cutting back on the number of domestic routes they fly and eliminating service to many airports altogether in the face of the deepening recession and financial constraints, air service is actually expanding in much of the Northern Great Plains.

April 07, 2009

Seismic survey first hint of oil impacts PressPass

Despite signs of slowing oilfield activity in the area, local residents and the seismographers’ oil company client are hoping to find data that could help Crosby, ND, become the next oil exploration hotspot in the massive Bakken Formation.

By Cecile Wehrman , March 09, 2009

Stimulus bill will boost regional economy PressPass

The nearly $800 billion stimulus bill signed by President Barack Obama last month will help boost spending on infrastructure improvements in North Dakota, South Dakota and Minnesota. Congress earlier reached compromise on a revised version of H.R. 1, better known as the American Recovery and Reinvestment Act of 2009 (ARRA) or simply the stimulus bill, along party lines.

By David Flynn , March 09, 2009

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