Moore School Web Site | Division of Research | Publications of the Institute of Applied Research | B&E Review | B&E Review, Volume 51 | Vol. 51, No. 1
Page 2 of Trends
South Carolina Economic Facts
| ECONOMIC
DEVELOPMENT |
|
|
|
|
Personal Income (in millions) |
Apr-Jun 2004 |
Apr-Jun 2003 |
Percentage Change |
|
|
$113,673 |
$107,577 |
+5.7 |
| EMPLOYMENT
TRENDSa |
|
|
|
|
|
Jul-04 |
Jul-03 |
|
|
Total
Nonagricultural Employment (Seasonally Adjusted) |
1,835,700 |
1,804,500 |
+1.7 |
|
|
Construction |
115,100 |
112,900 |
+1.9 |
|
|
Manufacturing |
270,600 |
274,800 |
-1.5 |
|
|
Trade, Transportation, and
Utilities |
350,500 |
346,700 |
+1.1 |
|
|
Information |
25,900 |
26,700 |
-3.0 |
|
|
Financial Activities |
94,600 |
94,300 |
+0.3 |
| |
|
Professional and Business
Services |
193,500 |
188,400 |
+2.7 |
|
|
Education and Health
Services |
184,300 |
171,800 |
+7.3 |
|
|
Leisure and
Hospitality |
210,300 |
204,500 |
+2.8 |
|
|
Other Services |
66,200 |
66,000 |
+0.3 |
|
|
Government |
301,100 |
295,600 |
+1.9 |
| |
Total Unemployment
Rate (Seasonally Adjusted) |
6.0% |
7.2% |
— |
| BUILDING
PERMITSb |
|
|
|
|
|
|
|
|
|
|
Jan-Jun 2004 |
Jan-Jun 2003 |
|
|
Residential (Number
of Units) |
20,804 |
18,032 |
+15.4 |
|
Nonresidential (Thousands of Square Feet) |
13,267 |
12,236 |
+8.4 |
| economic
indicesb |
|
|
|
|
|
|
|
|
|
|
Jul-04 |
Jul-03 |
|
|
S.C. Leading Index
(1992=100) |
113.4 |
112.7 |
+0.6 |
|
S.C. Coincident Index
(1992=100) |
123.0 |
118.7 |
+3.6 |
| GENERAL FUND
REVENUEc |
|
|
|
|
|
Year-to-Date (Fiscal Year) |
|
|
|
Jul '03 - Jun '04 |
Jul '02 - Jun '03 |
|
|
Individual Income |
$1,968,417,002 |
$1,857,802,162 |
+6.0 |
|
Sales and Use |
$1,996,150,094 |
$1,868,224,980 |
+6.8 |
|
Total, General Fund Revenue |
$4,861,937,501 |
$4,722,534,720 |
+3.0 |
| BUSINESS
TRADEd |
|
|
|
|
|
|
|
|
|
|
Jan-Jun 2004 |
Jan-Jun 2003 |
|
|
Gross Sales (millions) |
$53,692 |
$48,451 |
+10.8 |
|
Sources: |
|
|
|
aS.C. Employment Security
Commission |
|
|
|
bSouth Carolina Economic Indicators
(Seasonally Adjusted) |
|
|
|
cS.C. Board of Economic
Advisors |
|
|
|
dS.C. Department of
Revenue |
|
|
|