AGP Executive Report
Last update: 4 hours agoConsumer Protection: South Dakota will receive $2.6 million from General Motors’ $220 million multistate settlement over allegations the automaker sold drivers’ data to insurers. GM must get consumers’ express consent before collecting or sharing driving and location data. Economic Outlook: State advisers flagged a shrinking workforce, pressure on farmers and rising costs. Labor force participation fell to 66.3% in September from 68.2% a year earlier, even as the state had about three job openings per unemployed person. Tourism: Black Hills and Badlands leaders expect a relatively flat year, with visitor spending slightly down and travelers booking closer to their trips. Tourism generates nearly $2 billion in annual spending and supports more than 21,000 regional jobs. Growth and Infrastructure: Baldwin Supply plans to triple its Sioux Falls branch to 50,000 square feet, while a Minnesota contractor won the next South Veterans Parkway project. Settlement Funds: South Dakota has also received its first $9 million payment from Meta’s nationwide settlement.
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