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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    
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