Study Says South Dakota Agriculture Has $21B Impact

January 25, 2013Email ThisPrintNewslettersTweetArticleComments

An associate professor at South Dakota State University says agriculture and related industries had a $21.4 billion impact on South Dakota’s economy in 2010.

Gary Taylor, an associate professor of economics, says the impact includes more than $8.3 billion in direct agricultural production, $3.4 billion in inputs supplied by businesses and nearly $1.7 billion from increased household spending.

Agricultural processing and manufacturing added more than $8 billion in economic activity.

Taylor says agriculture’s total $21.4 billion economic impact makes agriculture the largest single sector in South Dakota’s economy. He says agriculture makes up about 19.8 percent of the state economy’s total output.

 

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Allianz Estimates Sandy Impact at $670 Million; Won’t Affect Profit Forecast

January 18, 2013Email ThisPrintNewslettersTweetArticleComments

Germany’s Allianz SE has announced that its losses from Hurricane Sandy are estimated to total

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Superstorm Sandy Stress Scenarios Won’t Impact Insurer Ratings: Fitch

November 8, 2012Email ThisPrintNewslettersTweetArticleComments

Even an extreme $40 billion scenario for property/casualty insurance industry losses from Hurricane Sandy would not drive material rating changes for insurers, analysts at Fitch Ratings said today.

In a report providing a sensitivity analysis of the event for 10 individual insurers with the largest potential exposure to the event

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