AP News

Study says SD agriculture has $21 billion impact


PIERRE, S.D. (AP) — An associate professor at South Dakota State University says agriculture and related industries had a $21.4 billion impact on South Dakota's economy in 2010.

Gary Taylor, an associate professor of economics, says the impact includes more than $8.3 billion in direct agricultural production, $3.4 billion in inputs supplied by businesses and nearly $1.7 billion from increased household spending.

Agricultural processing and manufacturing added more than $8 billion in economic activity.

Taylor says agriculture's total $21.4 billion economic impact makes agriculture the largest single sector in South Dakota's economy. He says agriculture makes up about 19.8 percent of the state economy's total output.


Race, Class, and the Future of Ferguson
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus