New figures show that South Dakota's economy grew by 3.1 percent in 2013.
Gross domestic product numbers were released Wednesday by the federal Bureau of Economic Analysis.
The GDP is calculated as the sum of what consumers, businesses and government spend on goods and services, plus investment and net foreign trade. The figures shown on the federal report have been adjusted for inflation.
South Dakota's 2013 growth rate was above the national average of 1.8 percent and ranked ninth among the 50 states.
The report shows that the state's GDP grew from $39.9 billion in 2012 to $41.1 billion last year.
Most Popular Today
Big Box Competition Prompts 2 SD Stores To Close
- 2.Development, Courts
Latest SF Walmart Lawsuit Dismissed
- 3.Development, Courts
Lawsuit Dismissal Rolls Back SF Walmart Road Blocks
- 4.Health Care
Sister: US Ebola Patient Said He Was From Liberia
Flight Cancellations Continue In Sioux Falls
- 6.Your Money Matters
Auto Loans Booming
- 7.Housing, Crime
Realtors Talk Safety After Broker Murder
Latest Breaches May Not Impact KELOLAND
Midwest Economy: September State-By-State Glance
- 10.Transportation, Retail & Restaurants
October Is A Great Time To Book A Trip