South Dakota
|
Area (sq. km |
77,121 |
|
Population, 2006 estimate |
781,919 |
|
Population Rank: |
46 |
|
Jewish Population in 2006: |
295 |
|
Jewish Percentage of Total Population: |
Less than 0.1 |
|
Military Contracts with Israel in 2006 Using Foreign Military Financing: |
$46,665 |
|
Exports to Israel in 2006: |
$4,902,757 |
|
Percentage change from 2005: |
47.02 |
|
Total exports since 1991: |
$34,469,020 |
|
Israel's rank as trade partner: |
20 |
|
GSP, 2006 (millions of dollars) |
28,026 |
|
Gross State Product Per Capita: |
35,842 |
|
Unemployment rate: |
3.2% |
|
Number of Fortune 1000 Companies |
0 |
South Dakota's main industries are agriculture, and mineral mining, wholesale and retail trade. Total gross business sales were $47.6 billion in 2006.
AGRICULTURE
South Dakota's top five agricultural products are cattle and calves, corn for grain, soybeans, wheat, oats and hogs. It was ranked natioNaly as 8th largest producer of cattle & calves, 5th largest producer of sheep & lambs. Other crops include sunflowers, sorghum, flaxseed, and barley are also grown. Meatpacking and food processing are by far the major industries of the state. Major Ag companies include Davisco Foods, John Morrell, Hot Stuff Foods, Cimpl Meats, and others.
In percentage terms, South Dakota's fastest-growing manufactured export categories during the 2002-2006 period were beverage and tobacco products (up over 4,400 percent).
MANUFACTURING
Among manufactured products, South Dakota's leading export category is computers and electronic products. This category accounted for $358 million, or over one-fourth (30 percent) of South Dakota's total merchandise exports in 2006. South Dakota's other top manufactured exports in 2006 were machinery manufactures ($155 million), transportation equipment ($129 million), and paper($40 million)
In percentage terms, South Dakota's other fastest-growing manufactured export categories during the 2002-2006 period primary metal manufactures (up 793 percent), wood products (up 532 percent), and transportation equipment (up 453 percent).
Many major companies have their manufacturing facilities in South Dakota producing medical equipment, respirators, pressure sensitive tapes, oil coolers, radiators, truck trailer parts, custom steel fabrication, air & oil filters, etc. These companies include 3M, Adams, Thermal Systems, Alcoa, Angus, ATCO, Baldwin filters, and others.
FINANCE AND INSURANCE
Finance and insurance is the leading industry in South Dakota, accounting for over 17% of the Gross State Product
http://www.city-data.com/states/South-Dakota-Economic-policy.html
http://minneapolisfed.org/pubs/fedgaz/07-05/sdexports.cfm
www.sdreadytowork.com