Monday, October 27, 2014

The state's economic situation

One of the state's most respected experts on the economy shares his views on the state of the economy in the October Uptown. Dr. Bruce Yandle from Clemson University has decades of perspective in watching the ebbs and flows of the state's economic growth.

A few of his observations:
  • South Carolina still has room for growth since we are still catching up from the recession.
  • South Carolina still lags the nation in per capita income growth.
  • South Carolina employment growth between fourth quarter 2012 and 2013 (latest data available) was 2.9 percent.
  • South Carolina should see stronger revenue growth in 2015.
Read the October Uptown for more details and specifics on Dr. Yandle's insights.

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