Features

  • Co-working Office Buildings on the Rise

    July 18, 2019

    Demand for co-working spaces is expected to show continued strong growth over the next few years, as more younger workers favor flexible office space over traditional office settings, according to BBG, a leading commercial real estate due diligence firm.

  • Exclusive: Many Military in South Carolina Are Earning College Credits While They Serve

    July 17, 2019

    At any given time, there are thousands of soldiers, sailors, airmen and Marines all over South Carolina taking classes that can earn them anything from vocational certifications to an MBA. Many of them eventually put that education to use in the state’s private-sector workforce.

  • Chairman Graham Leads Congressional Delegation to Southern Border

    July 15, 2019

    Senate Judiciary Committee Chairman Lindsey Graham (R-South Carolina) will lead a Congressional delegation to McAllen, Texas to observe the crisis at the southern border. The delegation will join United States Vice President Mike Pence and officials from the Department of Homeland Security.

  • SC Ports Reports Record Cargo Volumes, 9% Uptick in FY19

    July 10, 2019

    South Carolina Ports Authority handled record cargo volumes at the Port of Charleston in fiscal year 2019. SCPA handled nearly 2.4 million twenty-foot equivalent container units (TEUs) from July 2018 through June, an 8.8% increase in annual TEU container volume.

  • Santee Cooper Board Names Mark Bonsall New CEO

    July 10, 2019

    The Santee Cooper Board of Directors named Mark Bonsall, a proven utility executive who most recently served as CEO of the Salt River Project, as its new President and CEO. Bonsall brings 41 years of experience with one of the nation’s largest, strongest and most progressive public power utilities, as well as a distinguished record as an innovative change agent focused on customers and employees.

  • Job Tax Credits Rise for Rural South Carolina Counties

    July 09, 2019

    The economic development incentives the Carolina Panthers were offered to move their offices and practice facilities to South Carolina received a great deal of attention, but the enabling legislation was not only about luring the NFL team.

  • Mid-year Employment Data Signals Continued Demand for Tech Talent, CompTIA Analysis Finds

    July 08, 2019

    U.S. technology sector employment increased by more than 56,000 jobs during the first six months of 2019, enhanced by a solid month of hiring in June, according to an analysis by CompTIA, the leading technology industry association.

  • Gas Prices Rise Ahead of Independence Day, South Carolina Sees Largest Spike on the Week

    July 02, 2019

    Following weeks of steady pump price declines, gas prices are starting to increase across the Carolinas – with North and South Carolina having the largest weekly increases across the entire nation.

  • Coker College Begins Operating as Coker University

    July 02, 2019

    Coker College will begin operating as Coker University. The City of Hartsville issued a proclamation that July 1st was Coker University Day.

  • Magazine Awards South Carolina a Silver for Landing Big Economic Development Projects

    July 01, 2019

    Area Development handed the Palmetto State a Silver Shovel as part of the magazine’s annual Gold and Silver Shovel Awards. The awards are determined on a combination of factors, including state population, job creation, capital investment, number or projects and diversity of investment.

  • AT&T Invests Nearly $825M Over 3-Year Period to Boost Local Networks in South Carolina

    June 25, 2019

    AT&T has invested nearly $825 million in their South Carolina wireless and wired networks during 2016-2018. These investments boost reliability, coverage, speed and overall performance for residents and businesses.

  • The Outlook for the U.S. Housing Market Hits its Highest Point in Three Years

    June 25, 2019

    Last year's sales slowdown, combined with the decidedly mixed data through the first half of 2019, certainly suggested that housing had passed its peak in this cycle. But the latest Health of Housing Markets Report (HoHM Report) from Nationwide Economics sees more positive, sustainable trends for the housing sector for at least the next year.

  • SC Chamber Foundation and SC Realtors Partner With Lincoln Institute on Property Tax Study

    June 24, 2019

    The Lincoln Institute of Land Policy, a national property tax think tank, launched an in-depth, comprehensive analysis of South Carolina’s property tax system this week. The SC Chamber Foundation and the SC Realtors Association commissioned the study, which will analyze many issues and concerns regarding property taxes, including the impacts of Act 388 on businesses, commercial properties, and school districts throughout the state.

  • Short-term Rentals Have Wide-ranging Impact in South Carolina

    June 21, 2019

    Short-term rentals are having an impact on the South Carolina real estate market, although it depends on where you are at in the state... Like with most things, technology has taken this splintered marketplace to another level. Online firms such as Airbnb, Vrbo and HomeAway have organized and grown the market.

  • SC Ports Graduates 25 Port Ambassadors

    June 20, 2019

    South Carolina Ports Authority (SCPA) recognizes 25 delegates for completing the 2018-2019 Port Ambassador Program, which provides participants a deep understanding of the connection between the Port of Charleston and South Carolina’s thriving business community.

  • Real Estate Experts Talk about Growth in South Carolina

    June 18, 2019

    Experts offered their thoughts on continuing growth in the staet during a discussion at the South Carolina Economic Development Summit. The annual event, held June 14 on Daniel Island, was organized by Womble Bond Dickinson, the top law firm in the state. Speakers during a real estate roundtable included Robert Barrineau of CBRE, Mark Erickson of Colliers International and Hagood Morrison II of Bridge Commercial.

  • Greater York and York County Regional Chambers of Commerce Agree to Merge

    June 17, 2019

    In recent weeks, the Board of Directors for the Greater York Chamber of Commerce officially requested that the York County Regional Chamber consider a merger of the two organizations. In agreement that the groups should formally join forces, the Board of Directors for the YCRC has officially granted the request.

  • Workforce is Hot Topic at South Carolina Economic Development Summit

    June 17, 2019

    Job creation is one of the primary goals of economic development, but a “full employment” economy creates workforce challenges. Those challenges were discussed in numerous ways at the South Carolina Economic Development Summit. The event was hosted by the leading law firm in the state, Womble Bond Dickinson.

  • Clemson Colleges of Business and Science Collaborate to Offer Data Analytics Master’s Degree

    June 14, 2019

    Business and science are joining forces at Clemson University to satisfy a marketplace appetite for business professionals who are capable of analyzing and applying big data to their strategic decision-making.

  • Merger of Equals Between BB&T and SunTrust Will Create Truist

    June 13, 2019

    BB&T Corporation and SunTrust Banks, Inc., announced Truist as the name for the combined company to be created through their merger of equals. Truist will be the sixth-largest U.S. bank holding company serving more than 10 million households in the U.S., with a leading presence in many of the most attractive, high-growth markets in the country.

  • The Conference Board Employment Trends Index Increased in May

    June 11, 2019

    The Conference Board Employment Trends Index increased in May, following a decline in April. The index now stands at 111.63, up from 110.21 (a downward revision) in April. The increase marks a 3.5 percent gain in the ETI over the past 12 months.

  • State Treasurer Curtis Loftis Welcomes New Members to S.C. Board of Financial Institutions

    June 10, 2019

    State Treasurer Curtis Loftis welcomed two new appointees to the South Carolina Board of Financial Institutions as part of the board’s monthly meeting. Billy Byrd and Charles “Chuck” H. Stuart were confirmed by the Senate last month to serve four-year terms on the state board.

  • Small Business Hiring and Wage Growth Hold Steady in May

    June 06, 2019

    The Paychex | IHS Markit Small Business Employment Watch for May shows job and wage growth were essentially unchanged from the previous month. The national jobs index stands at 98.76 and has been relatively stable throughout 2019. Hourly earnings have increased 2.53 percent ($0.67) over the past 12 months, remaining slightly ahead of the 2018 average growth rate (2.49 percent).

  • 10 Most Expensive Places to Retire in the U.S.

    June 04, 2019

    Retirement might be a financial struggle for many retirees, but there is a segment for whom money is not a problem. To help those who like to dream big, Topretirements.com has developed a list of the 10 most luxurious places to retire. Communities where the hardest task is to choose whether it will be the beach club, marina, golf course, or take the plane out for a flight.

  • Gift to Spark New Global Learning Opportunities at Clemson

    May 31, 2019

    The efforts of Clemson University to increase opportunities for students and faculty to engage globally continue to move forward with the creation of a $250,000 endowment and a $250,000 fund thanks to a donation from the Michael W. Schwehr family of The Woodlands, Texas.

Older