Several hospitals, clinics, and specialist facilities are run by the non-profit Rapid City Regional Health system throughout the city and the surrounding area. It is by far the biggest employer in Rapid City, with about 5,000 workers. The largest hospital in South Dakota, Rapid City Regional Hospital, as well as a number of smaller clinics and medical facilities are all part of the system.
Thus, the Sioux Falls-based technology corporation Raven Industries is the biggest business in South Dakota. Precision agriculture, aerospace, and other high-tech industries are the areas of expertise of Raven Industries. It is a significant employer in the state’s economy with more than 1,200 workers.
As a result, small enterprises play a crucial role in the South Dakotan economy. Over 194,000 people are employed by the more than 83,000 small enterprises in the state, according to the Small Business Administration. These companies account for over 97% of all enterprises in the state and contribute significantly to its economic expansion.
Agriculture is South Dakota’s primary industry. More than 31,000 farms in the state produce a wide range of crops and livestock. Manufacturing, tourism, and healthcare are additional significant industries. The state is also a significant producer of raw materials like gold, silver, and oil.
South Dakota has a number of industries, taking this into account. The state’s economy also includes manufacturing, healthcare, and agriculture, in addition to a burgeoning technology sector. Mining, finance, and transportation are further significant sectors of the economy. South Dakota is positioned for long-term economic growth because to its broad economy and expanding population.
The Rapid City Regional Health system is the city’s largest employer, despite the fact that the economy of the city is diverse and home to both major and small firms. However, besides Raven Industries and the dozens of small businesses that call South Dakota home, there are many more firms and industries that support the state’s strong economy.