South Dakota

South Dakota: The leading economic indicator for South Dakota rose to a healthy level for April. The Business Conditions Index from a survey of supply managers in the state dipped slightly to a still strong 63.2 from 64.4 in March. Components of the index for April were new orders at 66.2, production or sales at 72.2, delivery lead time at 47.6, inventories at 68.4, and employment at 61.8. “Manufacturers in the state continue to expand employment and to increase the hours worked for current employees.  Computer and electronic manufacturers in South Dakota are expanding via national and international sales,” said Goss.