SD manufacturing survey out, features good news
By Jeremy Fugleberg
More jobs and more businesses.
That’s the short version of the sneak-peek at Manufacturers’ News Inc.’s annual survey results for the state of South Dakota.
The 2009 SD Manufacturers Register lists 1,649 manufacturers and industrial suppliers in the state — that includes 116 new listings and doesn’t include 91 out-of-business companies.
Jobs are up, too — 1.1 percent up, in fact, for a total of 51,785 jobs compared to 51,208 last year.
Some other interesting numbers:
Web sites and e-mail accounts reported by manufacturers in the state climbed 15 percent, and the number of executive contacts rose 9 percent.
January 8th, 2009 at 7:56 pm
Jeremy, you need to analyze this in a much more critical fashion prior to running a headline which features the words “good news” if this is all that backs up that assertion.
Sparrow: I think any type of growth is good news. And while it’s certainly quite possible a deeper analysis of more data would prove otherwise, this was the data available. It’s a sneak peek of a larger report I don’t have. — J.F.
January 9th, 2009 at 7:02 am
I happen to know for sure that one SD manufacturer has fallen on hold times in our current economy. They are laying people off right and left. I’ve heard tell they aren’t the only ones. I bet the next survey out doesn’t feature the word “good”.
Not quite: You’re probably right. We seem to lag behind other places in the country in several indicators. — J.F.
January 13th, 2009 at 9:16 am
Hi Jeremy,
I think you should analyze this data from KSFY.com, South Dakota is indeed impacted by the downturn in the economy. Go to KSFY.com and do a search for layoffs and you will get a picture of what is happening in our state. Here are the posts of recent:
Showplace Wood Products has lost about 10% of it’s workforce in the past few months, but the company has managed to avoid layoffs in a few different ways. More
Citibank Announces 122 Layoffs
Dec 5, 2008 at 5:26 PM CST
122 layoffs represents about 4% of the workforce here at the Sioux Falls facility. That works out to about 1 out of every 26 cars in the employee parking long won’t have a job here to come back to. More
Three Days Of Layoffs: What’s Next?
Nov 19, 2008 at 10:57 PM CST
Over the past three days, three companies with ties to Sioux Falls have eliminated jobs. So what’s next? More
Dakota Tube: 50 Layoffs
Dec 10, 2008 at 6:58 PM CST
More
Layoff Concerns In Canton
Dec 12, 2008 at 10:24 PM CST
More people are without a job in South Dakota after Adams Thermal Systems in Canton eliminated their 4th shift Friday. That’s got others in Canton worried about the town’s future. Melissa Stee reports. More
Culver To Cut Iowa Budget; Layoffs Likely
Dec 18, 2008 at 5:15 PM CST
More
Sioux Falls’ Citibank employees wait to hear about layoffs.
Nov 17, 2008 at 11:17 PM CST
Parent company Citigroup announces it will cut 52-thousand positions corporate wide. More
LodgeNet Lays Off 30 Sioux Falls Workers
Nov 20, 2008 at 4:14 PM CST
Hutchinson Technology Announces Layoffs
Jun 5, 2007 at 8:16 PM CST
About 90 jobs affected in Sioux Falls. More
Trail King: 42 Laid Off
Dec 16, 2008 at 6:05 PM CST
42 employees at Mitchell’s “Trail King” manufacturing plant were laid off on Monday due to the economic slowdown. More
Northwest Iowa Plant Laying Off 103 Employees
Dec 22, 2008 at 9:00 PM CST
Eaton Hydraulics makes pumps and motors for farm and construction equipment. More
Citigroup Announces Job Cuts in South Dakota
Apr 11, 2007 at 7:18 AM CST
Check it out for yourself. Thanks