In 2023, the GDP of South Dakota totaled around 57.28 billion U.S. dollars. The finance, insurance, real estate, rental, and leasing industry added the most real value to the gross domestic product (GDP) of the state, amounting to around 13.81 billion U.S. dollars. Comparatively, the construction industry contributed around 2.23 billion U.S. dollars of value to the state's real GDP.

The Major Household Appliance Manufacturing industry in South Dakota is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely decline at -x.x% during the same period. Industry establishments increased an annualized x.x% to x locations. Industry employment has decreased an annualized -x.x% to xxx workers, while industry wages have decreased an annualized -x.x% to $x.x million.

The Major Label Music Production industry in South Dakota is expected to decline an annualized -x.x% to $x.x million over the five years to 2025, while the national industry will likely grow at x.x% during the same period. Industry establishments increased an annualized x.x% to x locations. Industry employment has increased an annualized x.x% to xx workers, while industry wages have increased an annualized x% to $x.x thousand.

"The Williston basin is the largest known sedimentary basin on the North American continent. Two-thirds of this large basin lies within the United Sates in Montana, North Dakota, and South Dakota. Less than 10 years after the first commercial oil discovery in North Dakota in 1951, the petroleum industry became one of the largest industries in the three-state area. Crude petroleum is now the most valuable mineral resource in the area. In 1960, the basin produced 39 million barrels of oil worth $100 million at the wellhead. Most of the 137 oil pools discovered to date are in Paleozoic carbonates at depths ranging from 3,000 to 13,000 feet. The major producing fields, centered on the Cedar Creek anticline in Montana and the Nesson anticline in North Dakota, produce from depths below 6,000 feet. This report presents descriptions of all phases of the Williston basin petroleum industry, including leasing, exploration, geology, drilling, production transportation, and refining. Engineering, physical, and production data, maps, and crude petroleum analyses for 137 separate oil pools are included."

H-1B visa sponsorship trends for North Dakota, covering top employers, salary insights, approval rates, and geographic distribution. Explore how work state impacts the U.S. job market under the H-1B program.

The Artificial Intelligence in Agriculture Industry size was valued at USD 1.44 Million in 2023 and is projected to reach USD 7.25 Million by 2032, exhibiting a CAGR of 4.20 % during the forecasts periods. Recent developments include: May 2022: AGCO acquired JCA Industries to increase engineering and software development capabilities and to accelerate the development of highly automated and autonomous machines., April 2022: Deere & Company and GUSS Automation formed a joint venture with an LLC in Kingsburg, Calif. Global Unmanned Spray System (GUSS) is a pioneer in semi-autonomous sprayers for orchards and vineyards., March 2022: As demand for industry-leading Ag Tech accelerates, Raven's facilities expansions in Arizona and South Dakota are likely to enhance the development in AI, autonomy, Machine Learning, and core technology.. Key drivers for this market are: Declining Labour Availability and Rising Cost of Farm Labour, Rapid Technological Advancements by Key Players. Potential restraints include: High Cost of Agricultural Machinery and Repair, Data Privacy Concerns in Modern Farming. Notable trends are: Labor Shortage and Increasing Costs of Labor to Drive the Artificial Intelligence Market.

The size of the Pipeline Integrity Management Industry market was valued at USD XX Million in 2023 and is projected to reach USD XXX Million by 2032, with an expected CAGR of 3.21% during the forecast period. Recent developments include: In November 2021, Schneider Electric, and Prisma Photonics, a provider of next-generation fiber sensing for smart infrastructure, announced a partnership to help oil and gas pipeline owners and operators prevent accidental and malicious activity by providing real-time intelligence and precise monitoring of oil and gas infrastructure., In August 2021, the Dakota Access Pipeline (DAPL) Expansion project increased its capacity by 180,000 BPD along with the DAPL system by adding horsepower and upgrades at pump stations. The DAPL system runs from North Dakota through South Dakota and Iowa and ends near Patoka, Illinois, in the United States.. Key drivers for this market are: 4., Growing Vehicle Ownership4.; Government Initiatives. Potential restraints include: 4., Volatile Crude Oil Prices. Notable trends are: Increasing Demand for Natural Gas Pipeline Infrastructure.

Flares in the oil and gas industry are assumed to achieve methane destruction efficiency of 98%; however, recent studies reveal significantly lower efficiencies and higher-than-expected methane emissions from some flares. This study combines real-world operating parameters and wind data on actual flares in North Dakota with new experimental measurements of utility flare performance to quantify the effects of wind on methane emissions from these low-flow flares. The results show that wind speeds of 4.5–6.7 m/s (10–15 MPH) reduce the average methane destruction efficiency to 96.4%, doubling methane emissions from low-flow flares relative to current assumptions. Retrofitting utility flares with shrouds can increase efficiencies to ≥98%, reducing methane emissions by half, potentially avoiding on the order of 0.204 million metric tons of carbon dioxide equivalent emissions per year, and highlighting an inexpensive methane mitigation opportunity. The results also indicate that methane source estimates and aerial measurements likely undercount low-flow (≤0.033 m3/s or ≤100 thousand standard cubic feet per day, MSCFD) flares, missing an important source of methane emissions.