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CONGRATS!
pharmaCline was awarded a Silver Stevie Award for the best new health and pharmaceutical product of the year.

Peppermint Energy Recognized for "Small but Beautiful" Solar Application

RECENT RANKINGS
Sioux Falls, South Dakota was placed in the Top 10 affordable cities for homebuyers by CNN Money

SDSM&T graduates are topping Harvardwhen it comes to pay.

Welcome

Costello heaed shot

Commissioner Pat Costello

While it may be disheartening to read that South Dakota is among the bottom of the 50 states in studies that rank wages, a new study by the Governor’s Office of Economic Development has put a new light on the subject.

“When you adjust many of these wage studies for additional factors like cost of living, seasonal employment and payroll taxes, South Dakota’s occupational wages are indeed very competitive,” said Pat Costello, Commissioner of the GOED.

The two-year study uses wage and salary data and standard occupational codes from the US Department of Labor, then figures in other metrics to determine take-home pay and purchasing power by occupation.

“The long-standing belief that South Dakota is a low-wage state is misleading. We as a state can and do compete in offering jobs that pay living wages,” Costello said.

Click here to read the executive summary.

The GOED also has a database is in the development stages that will allow users to search the data by state and occupation.

 

Dolly-Reed DedicationGovernor Dennis Daugaard, left, Lane Dolly, and Barb Reed-Harms were on hand to help dedicate the Dolly-Reed Plaza in Pierre. The plaza is named after Dolly and Reed-Harms' late husbands, who were former commissioners of the Governor's Office of Economic Development.

In late September, Governor Daugaard, other officials, employees and the public met to dedicate the Dolly-Reed Plaza, which is home to the Governor's Office of Economic Development.

Formerly known as Capital Lake Plaza, the Dolly-Reed Plaza is named after the GOED's first and third commissioners of economic development, Ron Reed and Roland Dolly. Reed and Dolly died alongside Gov. George Mickelson in a plane crash upon returning from an economic development trip.

The Dolly-Reed Plaza, which the state purchased in 2007, underwent a complete renovation and has been transformed into a model of energy efficiency. The building has a geothermal heating and cooling system, high efficiency windows and lighting, extra insulation, and an energy recovery ventilation system. There are wind turbines and solar panels on the roof that generate enough electricity each year to power a home for 19 months.

The building will use 50 percent less electricity and save more than 400,000 gallons of water every year.