Outlook for the West River Economy

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SDSM&T Hall of Fame Room, King Center

University Loop

Rapid City, SD 57701

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A Bumpy Road Ahead

Depressed grain and energy prices are likely to have significant impacts on the West River economy. Major layoffs have hit the coal fields of Eastern Wyoming, farm incomes have dropped in eastern South Dakota, and oil production in Western North Dakota is slowing. Jacob Mortenson, a PhD economist with the Black Hills Knowledge Network, will discuss the potential effects of these trends on the economy in the Rapid City metro area and western South Dakota.

About Dr. Jake Mortenson

Dr. Jacob Mortenson, a native of Fort Pierre, SD, attended the University of South Dakota for his undergraduate work, and recently earned a PhD in economics from Georgetown University in Washington, DC. His research -- primarily related to tax policy -- has appeared in academic journals, as part of the Federal Reserve Board's working paper series, and has been featured by the Wall Street Journal. In addition to academics, Dr. Mortenson has worked for a non-partisan agency in the U.S. Congress forecasting federal income tax revenue. He currently resides in Sioux Falls, SD, with his wife, Liz, and two children, Cecilia and Leo. He stays busy spending time with his family, doing contract work in economics for several entities, and occasionally slapping leather on his family's Hayes, SD cattle ranch

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Location

SDSM&T Hall of Fame Room, King Center

University Loop

Rapid City, SD 57701

View Map

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