The Economic Impact of the Child Care Industry in South Dakota

Like agriculture, tourism and health care, South Dakota's child care industry is vital to the state's economy. Child care providers purchase services from other industries and many providers have significant investments in buildings. Child care workers earn wages and pay taxes. Perhaps mos...

Full description

Saved in:
Bibliographic Details
Published inSouth Dakota Business Review Vol. 63; no. 3; p. 1
Main Authors Cochran, Carole, Stuefen, Randall M
Format Trade Publication Article
LanguageEnglish
Published Vermillion University of South Dakota, School of Business 01.03.2005
Subjects
Age groups
Child care
Children & youth
Economic impact
Essays
Expenditures
Families & family life
Industrywide conditions
Parents & parenting
Population
State employees
Subsidies
Tourism
Trends
Womens employment
Workforce
United States > US
South Dakota
Online AccessGet full text

Cover

More Information
Summary:Like agriculture, tourism and health care, South Dakota's child care industry is vital to the state's economy. Child care providers purchase services from other industries and many providers have significant investments in buildings. Child care workers earn wages and pay taxes. Perhaps most significantly, the child care industry makes it possible for parents to work in agriculture, tourism, health care - and every other sector of the economy. It also prepares children for future success in schools and the workforce. The purpose of the economic impact study is to quantify the direct and indirect economic impact of the childcare industry on the State of South Dakota's economy. South Dakota's child care industry provides a social infrastructure that is critical to the state's economic health and quality of life. Yet the child care industry is often not factored into local, regional or state economic plans. The state's child care industry, like the transportation and housing industries, requires policies and investments that support supply-building and maintenance.
ISSN:0038-3260