Economic Development SC

South Carolina’s Labor Participation Rate Remains Stagnant

News Summary South Carolina's labor participation rate stands at 57.5%, only marginally above its all-time low. Despite claims of economic…

2 months ago

South Carolina Recognizes SpokeWorks Owner for Business Excellence

News Summary Michael Haldeman, owner of SpokeWorks Bicycle Workshop, has been honored as South Carolina's State Small Business Person of…

2 months ago

Clemson University Contributes $6.4 Billion to South Carolina Economy

News Summary An independent study reveals that Clemson University significantly impacts South Carolina's economy with a contribution of $6.4 billion.…

2 months ago

South Carolina Reveals Ambitious Manufacturing Strategy

News Summary The South Carolina Manufacturers Alliance (SCMA) has unveiled its 2025 vision for the manufacturing sector during South Carolina…

2 months ago

Duke Energy Appoints Tim Pearson as New President in South Carolina

News Summary Tim Pearson has been appointed the new president of Duke Energy in South Carolina, overseeing financial performance and…

2 months ago

South Carolina’s Labor Participation Rate Remains Alarmingly Low

News Summary South Carolina's labor participation rate reached 57.5% in April 2025, showing minimal improvement from a previous low. Despite…

2 months ago

South Carolina Named Fastest-Growing State in the U.S.

News Summary South Carolina has been recognized as the fastest-growing state in the United States for 2024, according to U-Haul's…

2 months ago

Hollings Cancer Center’s Economic Impact in South Carolina

News Summary The Hollings Cancer Center at MUSC contributes $860 million annually to South Carolina's economy while generating over 4,000…

2 months ago