S I O U X FA L L S B U S I N E S S I N D E X

SIOUX FALLS REGIONAL AIRPORT

produced by AUGUSTANA COLLEGE for the SIOUX FALLS BUSINESS JOURNAL

The Sioux Falls Business Index is a monthly measurement that summarizes various indicators
reflecting the local business environment. The index is based on a survey of local businesses that
captures their assessment of trends in business conditions. A reading higher than 50 represents
growth or optimism. To participate, go to www.augie.edu/sfindex/registration.html.
2015 results for BUSINESS CONDITIONS AS YOU EXPECT THEM SIX MONTHS FROM NOW
100

100

General economic conditions

in the Sioux Falls metro area

90
80

General conditions at your firm

90
70

60

60

50

50

40

40

30

30

20

20

10

A M

A M

$13.2

SIOUX FALLS TAXABLE SALES

Agriculture, forestry, fishing
$48,787,940
Construction
6,918,813
Manufacturing
170,089,617
Transportation, public utilities 226,558,909
Wholesale trade
376,657,302
Retail trade
3,096,642,321
Finance, insurance, real estate 174,457,511
Services
984,942,825
Public administration
379,997
Other
1,267,527
Sioux Falls total
5,086,702,761

$42,952,474
6,856,896
167,705,286
228,886,987
367,734,747
2,937,861,032
149,195,905
931,042,445
328,939
964,898
4,833,529,609

Change

2013

+13.6% $39,966,479
+0.9
6,627,366
+1.4
158,983,584
-1.0
227,732,738
+2.4
370,268,465
+5.4 2,785,111,947
+16.9
150,720,910
+5.8
879,578,437
+15.5
329,299
+31.4
0
+5.2 4,620,336,135

Change

+22.0%
+4.4
+7.0
-0.5
+1.7
+11.2
+15.7
+12.0
+15.4

+10.1

Jan.-Dec. 2015

Minnehaha County
Lincoln County
McCook County
Turner County
South Dakota total

$5,191,342,310
428,712,159
56,863,863
74,030,296
21,019,713,154

Source: South Dakota Department of Revenue

Single-family units
Town home units
Multiple-family units

2014

$4,916,508,268
412,253,121
59,137,141
81,610,214
20,302,546,944

Change

2013

604
232
1,069

271
804

Source: Sioux Falls Planning and Building Services

SIOUX FALLS HOME SALES

Houses on market (Dec. avg.)
Sold
Average sale price
Days on market

2015

Jan. 1-Dec. 31
1,067

2014

1,204

4,472

4,015

$193,243

$181,453
90

94

Source: Realtor Association of the Sioux Empire

Change

+5.6% $4,698,783,102 +10.5

+4.0
402,090,555 +6.6
-3.8
56,811,093 +0.1
-9.3
69,287,492 +6.8
+3.5 19,501,236,631 +7.8

Jan.-Dec. 2014

663

PROPERTY TRANSFERS

AREA COUNTY TAXABLE SALES

2015

$11.5
$32.0
NA
$43.0

$91.5
$71.8
$74.2

(number of permits)
2014

Change

Jan.-Dec. 2014

Jan.-Dec. 2015

RESIDENTIAL

2015

2013

-0.1%
482,645 +0.8%
-4.3% 71,751,941 -2.3%

BUILDING PERMITS

Manufacturing
Office, institutional, educational
Apartments
Other
J

Change

Source: Sioux Falls Regional Airport Authority

(value in millions of dollars)

10

2014

NEW NONRESIDENTIAL

80

70

2015

486,472
487,127
PASSENGER BOARDINGS
CARGO (inbound and out, in lbs.) 70,071,819 73,227,746

Minnehaha County
Lincoln County
McCook County
Turner County

FORECLOSURES

2015

2014

7,103
2,976
432
560

6,858
2,857
438
687

Source: Registers of Deeds in Minnehaha, Lincoln,

Turner and McCook counties

Minnehaha County
Lincoln County

2015

2014

138
26

201
35

Source: Sheriffs Departments in Minnehaha and

Lincoln counties
Sioux Falls Business Journal