Print Header

  Page 2 of Trends

South Carolina Economic Facts

ECONOMIC DEVELOPMENTa

Oct-Dec 2007

Oct-Dec 2006

Percentage
Change

Personal Income (in millions)*  $139,107.0  $131,396.0  + 5.9 
EMPLOYMENT TRENDSb

Mar-08

Mar-07

Total Nonagricultural Employment (Seasonally Adjusted) 1,950,500  1,941,500 

+ 0.5 

Construction 121,400  127,500  - 4.8 
Manufacturing 247,400  250,800  - 1.4 
Trade, Transportation, and Utilities 376,100  375,100  + 0.3 
Information 27,800  27,500  + 1.1 
    Financial Activities 107,000  105,900  + 1.0 
Professional and Business Services 227,800  225,100  + 1.2 
    Education and Health Services 204,500  199,000  + 2.8 
Leisure and Hospitality 220,000  216,400  + 1.7 
    Other Services 73,000  74,300  - 1.7 
Government 341,000  335,200  + 1.7 
Total Unemployment Rate (Seasonally Adjusted) 5.7%  5.7% 

— 

BUILDING PERMITS

Jan-Mar 2008

Jan-Mar 2007

Residential (Number of Units)c 5,470  8,959  - 38.9 
Nonresidential (Thousands of Square Feet)d  4,562  6,288  - 27.4 
Economic indiCese

Mar 2008

Mar 2007

S.C. Leading Index (1992 = 100) 140  144.4  - 3.0 
S.C. Coincident Index (1992 = 100) 134  131.3  + 2.1 
GENERAL FUND REVENUEf
Year-to-Date (Fiscal Year)

Jul 2007-Feb 2008

Jul 2006-Feb 2007

Individual Income (in millions) $1,725,461,185  $1,676,895,508  + 2.9 
  Sales and Use (in millions) $1,449,931,967  1,487,466,997  - 2.5 
Total, General Fund Revenue (in millions) $3,726,577,099  $3,761,114,906  - 0.9 
BUSINESS TRADEg      
   

Jan-Mar 2008

Jan-Mar 2007

 
  Gross Sales (in millions) $34,907.4  $33,552.2  + 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