USC HomepageUSC Homepage
USC Homepage

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    
AACSB Accredited • Columbia, SC 29208 • info@moore.sc.edu © 2008 University of South Carolina Board of Trustees