South Dakota Debt Relief Guide
Often referred to as “the land of infinite variety”, South Dakota is home to one of America’s most notable landmarks, Mount Rushmore. This helps tourism bring in $2 billion annually to the state, but South Dakota’s main resource is its strong agricultural base. With more than $21 billion in economic impact and employing over 115,000 South Dakotans, agricultural production represents 9% of the total state’s GDP.
“South Dakota’s agricultural industry plays a big part in the economic factors of the state,” says Gary Herman, President of Consolidated Credit. “And with the number of farms down now from 2020, we could be on the cusp of serious economic challenges for residents if that trend continues. It’s important for workers and business owners to shore up their finances in the face of that kind of uncertainty.”