As the tourism industry in South Carolina grows for the 4th straight year (6.1% over last year), the sales tax alone generated over $1.5 billion. Insiders cite numerous reasons for growth, including a favorable economy, lower gas prices, and the appeal of South Carolina's destinations. Learn...
South Carolina was ranked No. 2 in Area Development Magazine's list of 2016 Top States for Doing Business. Among other things, SC ranked high because of its tax environment, business incentives programs, and its speed of permitting. Learn more here.
More than 30 aerospace companies have announced a new location or expansion in South Carolina since 2011. The annual economic impact of the state's aerospace industry has grown to $19 billion. Read more here.
The Charleston MSA added 1,000 construction workers in the past 12 months, the largest percentage increase in South Carolina, up 6%. Officials of the Associated General Contractors of America say despite the current increases, "construction employment [is] becoming less widespread as more...
Anchored by Charleston and the upstate, South Carolina is projected to see a 3.6% economic growth this year, compared to the nation's 1.4% growth. Manufacturers' and distributors' demand for industrial and warehouse space is being propelled by the widening of the Panama Canal. Rents are...
The SC Commerce Department created a new website, www.scinnovationhub.com, as a platform for entrepreneurs and tech-related businesses to access resources, connect with one another, post news stories and job listings, and event information.
The state of South Carolina hired a real estate company to sell off 45 state-owned properties. The total asking price for all properties is $11.4M. Learn more about individual properties here.
