User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


30° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

KELOLAND.com | Sioux Falls News & Weather, South Dakota News & Weather, Minnesota and Iowa News

[0] My Saved Articles
Find local businesses
on the KELO Pages!

 

South Dakota's Millionaire Numbers Drop

December 26, 2009, 3:21 PM

South Dakota has seen a decline in its number of millionaires since 2007. USD economics professor emeritus Ralph Brown says the decline in oil and gas prices after the state's ethanol boom might be a factor.

A study from Phoenix Marketing International shows the number of millionaires in South Dakota decreased by 1,917 since 2007. The decline echoes a national trend showing a 14 percent decline. The state rose to 41st in the nation with 12,151 millionaire households in 2008, but dropped to 47th this year with 10,646.

South Dakota Chamber of Commerce President David Owen says he believes many of the former millionaires in the state dropped in financial status because of economic volatility, especially when it comes to investments.

Previous Story

Next Story




Sponsored
 

You may also like

Blizzard Impacting Travel In Southeast KELOLAND

2/2/2016 10:03 AM

The Sioux Falls Police Department is also advising no travel within the city. Officials say visibility is near zero with blowing snow and scattered sl...

Full Story
Superintendent Cancels School With Video

2/2/2016 1:41 PM

Dr. Donavan DeBoer with the Parker School District posted the cancellation notice on YouTube.

Full Story
Storm Center Update- Monday AM

2/1/2016 5:26 AM

A quiet weather day is ahead for most of KELOLAND ahead of winter storm headed for the southeast.  Blizzard watches and warnings are posted for m...

Full Story
Police: Woman Raped At Her Apartment Building

2/5/2016 11:17 AM

The woman told Sioux Falls Police she believes the man followed her into her apartment.

Full Story
Drivers Breaking The Law

2/2/2016 5:00 PM

No travel is advised in many areas of KELOLAND Tuesday night.  Interstate 29 from Sioux Falls to Sioux City is closed and probably won't reop...

Full Story | Watch


Events