June 2019 Features

  • 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.

  • 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.