Moore School Web Site | Division of Research | Publications of the Institute of Applied Research | B&E Review | B&E Review, Volume 54 | B&E Review, Volume 54, Number 3
Page 2 of Trends
South Carolina Economic Facts
| ECONOMIC
DEVELOPMENTa |
|
|
|
|
Personal Income (in millions)* |
Jul-Sep 2007 |
Jul-Sep 2006 |
Percentage Change |
|
|
$137,028.0 |
$128,836.0 |
+
6.4 |
| EMPLOYMENT
TRENDSb |
|
|
|
|
|
Dec-07 |
Dec-06 |
|
|
Total
Nonagricultural Employment (Seasonally Adjusted) |
1,938,500 |
1,919,300 |
+ 1.0 |
|
|
Construction |
123,300 |
126,000 |
-
2.1 |
|
|
Manufacturing |
240,100 |
247,300 |
-
2.9 |
|
|
Trade,
Transportation, and Utilities |
375,100 |
373,500 |
+
0.4 |
|
|
Information |
27,700 |
27,500 |
+
0.7 |
| |
|
Financial
Activities |
106,400 |
105,200 |
+
1.1 |
|
|
Professional and
Business Services |
220,300 |
219,800 |
+
0.2 |
| |
|
Education and Health
Services |
205,200 |
198,800 |
+
3.2 |
|
|
Leisure and
Hospitality |
216,200 |
208,600 |
+
3.6 |
| |
|
Other
Services |
79,500 |
77,900 |
+
2.1 |
|
|
Government |
339,900 |
329,700 |
+
3.1 |
|
Total Unemployment
Rate (Seasonally Adjusted) |
6.6% |
6.5% |
— |
| BUILDING
PERMITS |
|
|
|
|
|
Jan-Dec 2007 |
Jan-Dec 2006 |
|
|
Residential (Number
of Units)c |
30,712.0 |
40,230.0 |
-
23.7 |
|
Nonresidential (Thousands of Square Feet)d |
23,507.0 |
24,023.0 |
-
2.1 |
| Economic
indiCese |
|
|
|
|
|
Dec 2007 |
Dec 2006 |
|
|
S.C. Leading Index
(1992 = 100) |
142.3 |
144.8 |
-
1.7 |
|
S.C. Coincident Index
(1992 = 100) |
130.9 |
130.3 |
+
0.5 |
| GENERAL FUND
REVENUEf |
|
|
|
|
|
Year-to-Date (Fiscal Year) |
|
|
|
Jul 2007-Dec 2007 |
Jul 2006-Dec 2006 |
|
|
Individual Income (in millions) |
$1,481,524,300 |
$1,377,094,549 |
+
7.6 |
| |
Sales and Use (in millions) |
$1,039,792,653 |
$1,053,787,888 |
-
1.3 |
|
Total, General Fund Revenue (in millions) |
$2,905,674,838 |
$2,896,526,923 |
+
0.3 |
| BUSINESS
TRADEg |
|
|
|
| |
|
Jan-Dec 2007 |
Jan-Dec 2006 |
|
| |
Gross Sales (in millions) |
$141,097 |
$135,634 |
+
4.0 |
| |
*latest available
data |
|
| |
Sources: |
|
| |
a
bea.gov |
eSouth Carolina Economic Indicators |
|
| |
bbls.gov |
fS.C. Comptroller
General, www.cg.state.sc.us
|
|
| |
ccensus.gov |
gS.C. Department of Revenue |
|
| |
dDodge data |
|
|
|