Major Group 58 & Major Group 70 Combined
This data combines two key tourism-related tax revenue categories as defined in the Standard Industrial Classification (SIC) system:
- Major Group 58 (Restaurants and Dining): Tax revenue from all eating and drinking establishments
- Major Group 70 (Hotels and Lodging): Tax revenue from all overnight accommodation businesses
Together, these two categories capture the core of visitor spending in any city - where visitors eat and where they stay. Most tourists who visit a city will spend money in both these categories.
Actual Sales Data
Let's look at the taxable sales recorded in different South Dakota cities for major group 58 & major group 70 combined during 2023 and 2024. These are the actual dollar amounts of sales, not the tax collected on them.
2023-2024 Average
This chart shows the average of 2023 and 2024 data, giving you the overall pattern.
Summer Tourism Impact (2023-2024 Average)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)
Summer Tourism Impact (2023)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)
Summer Tourism Impact (2024)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)
Size-Adjusted Comparisons
Now let's look at the same data, but adjusted to account for different city sizes. This gives us a clearer picture of each city's economic patterns.
2023-2024 Average (Size-Adjusted)
This chart shows the size-adjusted average, revealing true economic patterns regardless of city size.
Summer Tourism Impact (2023-2024 Average, Size-Adjusted)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)
Summer Tourism Impact (2023, Size-Adjusted)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)
Summer Tourism Impact (2024, Size-Adjusted)
Summer months: June-September
Metric Definitions:
- Total Annual Revenue: Total taxable revenue for each city in this category
- Non-Summer Avg Monthly: Average monthly revenue during non-summer months (baseline)
- Summer Avg Monthly: Average monthly revenue during summer months (June-September)
- Summer Boost: The dollar difference between summer and non-summer monthly averages
- % Increase: Percentage increase from baseline to summer (Summer Boost ÷ Non-Summer Average)
- Total Summer Impact: Total additional revenue generated during summer months above the baseline (Summer Boost × 4 months)
- Boost % of Annual: Percentage of annual revenue attributable solely to the summer increase (Total Summer Impact ÷ Total Annual Revenue)