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. 3
Page 2 of Trends
South Carolina Economic Facts
| ECONOMIC
DEVELOPMENT |
|
|
|
|
Personal Income (in millions) |
Oct-Dec 2004 |
Oct-Dec 2003 |
Percentage Change |
|
|
$115,776 |
$110,479 |
+4.8 |
| EMPLOYMENT
TRENDSa |
|
|
|
|
|
Dec-04 |
Dec-03 |
|
|
Total
Nonagricultural Employment (Seasonally Adjusted) |
1,838,600 |
1,811,600 |
+
1.5 |
|
|
Construction |
111,700 |
112,100 |
- 0.4 |
|
|
Manufacturing |
269,200 |
272,200 |
- 1.1 |
|
|
Trade, Transportation, and
Utilities |
361,000 |
352,800 |
+ 2.3 |
|
|
Information |
25,700 |
26,800 |
- 4.1 |
|
|
Financial Activities |
90,000 |
91,100 |
- 1.2 |
| |
|
Professional and Business
Services |
188,000 |
186,300 |
+ 0.9 |
|
|
Education and Health
Services |
196,400 |
183,800 |
+ 6.9 |
|
|
Leisure and
Hospitality |
198,600 |
189,500 |
+ 4.8 |
|
|
Other Services |
64,600 |
64,300 |
- 0.5 |
|
|
Government |
341,900 |
340,000 |
+ 0.6 |
| |
Total Unemployment
Rate (Seasonally Adjusted) |
6.7% |
6.7% |
— |
| BUILDING
PERMITSb |
|
|
|
|
|
|
|
|
|
|
Jan-Dec 2004 |
Jan-Dec 2003 |
|
|
Residential (Number
of Units) |
35,484 |
31,553 |
+ 12.5 |
|
Nonresidential (Thousands of Square Feet) |
23,729 |
23,746 |
- 0.1 |
| economic
indicesb |
|
|
|
|
|
|
|
|
|
|
Dec-04 |
Dec-03 |
|
|
S.C. Leading Index
(1992=100) |
114.1 |
114.0 |
- 0.3 |
|
S.C. Coincident Index
(1992=100) |
122.6 |
120.5 |
+ 1.7 |
| GENERAL FUND
REVENUEc |
|
|
|
|
|
Year-to-Date (Fiscal Year) |
|
|
|
Jul '03 - Dec '04 |
Jul '02 - Dec '03 |
|
|
Individual Income |
$1,597,463,552 |
$1,491,479,960 |
+ 7.1 |
|
Sales and Use |
$902,884,074 |
$870,080,383 |
+ 3.8 |
|
Total, General Fund Revenue |
$2,912,130,319 |
$2,746,358,304 |
+ 6.0 |
| BUSINESS
TRADEd |
|
|
|
|
|
|
|
|
|
|
Jan-Dec 2004 |
Jan-Dec 2003 |
|
|
Gross Sales (millions) |
$109,467.7 |
$99,724.7 |
+ 9.8 |
|
Sources: |
|
|
|
aS.C. Employment Security
Commission |
|
|
|
bSouth Carolina Economic Indicators
(Seasonally Adjusted) |
|
|
|
cS.C. Board of Economic
Advisors |
|
|
|
dS.C. Department of
Revenue |
|
|
|