SC Chamber Survey Shows Confidence in The Economy Remains Strong among SC Business Leaders

Staff Report From South Carolina CEO

Friday, March 22nd, 2019

The South Carolina Chamber of Commerce announced the results of its “Spring 2019 Business Confidence Survey.” The survey polled 246 of the state’s top business leaders covering all sectors. Over 93% have a positive outlook on the economy. Similarly, nearly half of businesses surveyed expect to add jobs and 67% expect to increase their company’s volume of sales over the next twelve months. 

“The results match what we are hearing from across the state – businesses in South Carolina remain positive on the outlook of the economy,” said SC Chamber of Commerce President and CEO, Ted Pitts. “Business leaders are cautious but optimistic about the prospects for them over the next 12 months.”

“I am not surprised by these results,” said Lou Kennedy, SC Chamber of Commerce Chair, and President and CEO of Nephron Pharmaceuticals. “South Carolina is a great place for business because of our hard-working people. Our employees continue to make us successful.”

Business leaders weigh in: 

“We continue to see our sales grow as the state grows and have a positive view on the next twelve months.” –Steve Spinks, President and CEO of The Spinx Company 

“Tourism is strong for our economy. We are seeing more vacation days taken overall with some shorter summer vacations but adding mini-vacations in the spring and fall. Tourism in 2019 is showing strong signs for the South Carolina economy –Tracy Kundey, President of Oceana Resorts

“The manufacturing sector in South Carolina is dependent in a lot of ways on the global economy and we continue to see opportunities for growth.” –John Harvey, Plant Manager of BP’s Cooper River Chemicals Plant

“South Carolina’s favorable economic conditions, business-friendly environment and hard-working, down-to-earth citizens reinforces Coroplast Tape Corporation’s decision to put our America’s headquarters right here in Rock Hill, South Carolina.”–Robert Alexander, Executive Vice President of Coroplast Tape Corporation

246 South Carolina business leaders responded to the survey. All industry sectors and company sizes were represented with responses. Click here for complete results of the Spring 2019 Business Confidence Survey.